Practice Management
Law firm employee passwords “widely available” on Dark Web
Almost three-quarters of UK law firms have at least one employee password leaked into publicly available sources, the largest study of its kind has found.
AI use among lawyers soaring but impact on fees uncertain
Four out of five lawyers are currently using or planning to use artificial intelligence tools, according to new research – but the impact on pricing remains unclear.
Law firms abandoning partnerships “to raise external funding”
The main reason why larger law firms are moving away from traditional partnership structures is the lack of ability to raise external funding, a report has found.
National firm shutters four teams in restructuring
Fast-growing national law firm Taylor Rose has announced a restructuring which will see it shut down four teams and lead to some redundancies.
Law firm chooses employee ownership over private equity
The latest law firm to embrace employee ownership – also one of the largest – did so after turning down private equity offers worth “millions of pounds”, its chief executive has revealed.
Lawyers commit to no printing for City firm’s low-carbon service
A City law firm has asked its lawyers to e-sign an agreement not to print documents for a low-carbon service specially developed for the Government Legal Department.
Firm entitled to ask disabled secretary to consider hybrid working
It was reasonable for a London law firm to raise the possibility of a disabled secretary who worked from home spending two days a week in the office, a tribunal has ruled.
Paralegal unfairly dismissed by firm awarded £105,000 damages
A paralegal at a London law firm who was unfairly dismissed – leaving her dreams of becoming a solicitor in tatters – has been awarded damages of more than £100,000.
AI “could help allocate work to conveyancers”
Artificial intelligence is being developed for “triage and work allocation” in law firms and particularly for conveyancing, a director of the SRA has said.
Legal software providers preventing firms from integrating systems
Providers of legal software are stopping law firms from integrating their systems by failing to provide the APIs they need to do it, a panel discussion has heard.
Blog
Accountability has to live within governance, not with one person
The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.
The SRA’s client money reforms: good intentions, questionable execution
On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.
Recruitment, retention and reward in the legal accounts world
Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.
