Practice Management

Surge in income but not profits for smaller law firms

4 March 2021

The average fee income per equity partner at law firms with up to seven partners rose by 29% last year despite the pandemic, research has found. But profit per equity partner was static, with margins tumbling.

M&A activity continues to roll on in legal market

26 February 2021

The pandemic has not stopped activity in the law firm M&A market, with a series of different types of deals announced, as overall the number of law firms continues to drift downwards.

Managing partner wins disability discrimination claims against firm

19 February 2021

The managing partner of a South Yorkshire law firm has won his claim against the practice for both direct and indirect disability discrimination, as well as a failure to make reasonable adjustments.

Firm made unlawful deductions from consultant solicitor’s pay

15 February 2021

A law firm was not entitled to make deductions from the pay of a consultant solicitor because it was unhappy with the quality of his work, an employment tribunal has ruled.

Solicitor’s warnings of overcharging “could be protected disclosures”

12 February 2021

A solicitor who warned his law firm that it was overcharging a client is to have a second chance to argue that his role was terminated as a result of protected disclosures.

Tribunal reduces damages awarded against sweary senior partner

11 February 2021

An employment tribunal ordered to reconsider the damages it awarded to a paralegal subjected to foul-mouthed tirades by the senior partner of a London law firm has reduced them by 20%.

Client sued over unpaid fees loses appeal against contempt sentence

8 February 2021

A man sued by a Kent law firm for unpaid fees has lost his appeal against a suspended sentence handed out for contempt over his failure to comply with court orders.

“Ignorance” the main barrier to law firm EOTs, says newest adopter

4 February 2021

The managing director of the latest law firm to become an employee ownership trust has said the biggest barrier is the “ignorance” of solicitors.

Most firms made a profit last year despite Covid, survey finds

2 February 2021

The vast majority of law firms have made a profit since March, showing that predictions the pandemic would wreak havoc in the profession have not come to pass, according to new research.

Law firm awarded £25k damages for defamatory Trustpilot review

20 January 2021

The High Court has awarded a law firm damages of £25,000 for a defamatory review on Trustpilot posted by a disgruntled former client who paid £200 for advice.

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Katie McKenna

How is your internal weather today?

Like the weather, our feelings and perspectives change and undulate throughout the day. When you look outside, you get a snapshot of the world in that moment.

Anything else to say about SDLT?

SDLT is not stamp duty. This is something I have to say to firms too often. Whilst it has some of the same words in its name, it is not the former tax on property deeds that existed pre-December 2003.

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