Practice Management
“Why are law firms giving away stakes in their businesses?”
While it is not surprising that private equity is interested in investing in law firms, the real question is why law firms are giving away stakes in their businesses, a leading consultant has argued.
Senior associates are “biggest flight risk” for law firms
Senior associates are the unhappiest cohort of fee-earners at UK law firms and represent the biggest “flight risk”, according to research.
Global professional services network eyes more UK law firm deals
The UK law firm group owned by a global network of professional service firms is set to return to the acquisition trail in the coming months after a “bumpy” couple of years.
Listed professional services firm targets big lawyer expansion
Growing its new legal arm is a big priority for AIM-listed professional services business DSW Capital, with doubling the number of fee-earners the immediate goal..
Pre-pack deal and global merger lead way in latest M&A
A well-known Midlands law firm being sold following a pre-pack administration and a huge transatlantic merger lead the way in the latest M&A news.
Peers split on increasing NI contributions for LLPs
Peers were last week split on the idea of making limited liability partnerships pay employer-style National Insurance contributions.
GenAI could “reinforce rather than disrupt” the billable hour
The adoption of generative AI by lawyers “has the potential to reinforce rather than disrupt the billable hour model”, a legal academic has argued.
Digital assets “to play central role in law firm M&A”
Digital assets, data and “repeatable, digitally enabled processes” will play a central role in future law firm mergers, two leading advisers have predicted.
Survey: Profits up in the City, down in the regions
City law firms are outperforming their regional counterparts, with partner profit pools rising by 12% in London but falling by 11% outside of it, according to new research.
Employee ownership “a way of saying we are not for sale”
The managing director of a Kent law firm which has turned down multipe private equity advances has described its move to employee ownership as “a way of saying we are not for sale”.
Blog
What high-performing consumer claims firms get right
Recurring concerns about parts of the volume claims sector show that the gap between well-run firms and those struggling to manage volume effectively is widening.
The SRA’s 2025 AML report: What law firms need to know
The SRA has released its 2024-25 anti-money laundering report and the scale of supervision is striking – it carried out 935 proactive engagements in the year to 5 April 2025.
The managing partner in 2026: skills, security and strategic technology
The legal sector stands at a pivotal moment. The pace of technological change is accelerating, cyber threats are becoming more sophisticated, and client expectations are higher than ever.
