Practice Management

A City law firm is putting a focus on “helping clients understand the potential” of AI, with a new tool which acts as a “custom-built AI layer” for them.

The proportion of law firms switching insurer for lower premiums at last year’s October renewal rose significantly with capacity “much more plentiful”, with good signs for this year too.

Only 38% of law firm ‘sustainability champions’ – individuals chosen by firms to lead green initiatives – have the knowledge they need to fulfil their roles effectively.

Mid-sized law firms are focused on growth but recruitment troubles risk holding back their plans, according to new research who showed they were taking ESG more seriously too.

Fewer than two-thirds of consumers who needed legal services more than once used the same firm, according to new research.

There has been a “rapid uptake” of AI by in-house legal teams in the past year, with four out of 10 adopting it for the first time to manage litigation.

National insurance and commercial law firm HF has become the latest to take private equity investment, with all staff to receive payouts due its existing share scheme.

The only thing that makes it hard for smaller law firms to invest in legal tech is “compromising profits today for growth tomorrow”, the founder of a fast-expanding commercial law firm has said.

A venture capital-backed law firm’s AI agent is handling both legal and non-legal work for its lawyers, its founder has said – like creating files, drawing up ‘to do’ lists and drafting emails,

Increased use of artificial intelligence could “perpetuate or even amplify existing gender biases in the legal profession”, new research has warned.