Practice Management
Private equity-owned law firms progress acquisition strategies
One private equity-owned law firm has unveiled its latest acquisition, while another has announced a re-financing deal so it can buy more firms.
Law firm fails to strike out former partner’s unfair prejudice petition
Well-known London litigation firm Candey has failed in a bid to strike out an unfair prejudice claim brought by a former partner.
Law firm moves staff to four-day week
A law firm specialising in family and commercial work has seen fee income rise after introducing a four-day week. Staff are paid 100% of salary and their financial targets have not changed.
SRA issues M&A warning to law firm buyers and sellers
Solicitors have been warned by their regulator about undertaking adequate due diligence on mergers and acquisitions and putting client interests first when striking the deal.
One in four SME law firms yet to embrace SQE
More than a quarter of SME law firms (27%) have not yet embraced the Solicitors Qualiying Exam, and nearly a half are not offering solicitor apprenticeships, research has found.
Law firm fails with defamation claim over Trustpilot reviews
A law firm has failed in a defamation action over negative reviews about it on Trustpilot, with the High Court ruling that it could not prove they caused any financial loss.
Muslim students “uncomfortable” with law firm drinking culture
Muslim students on vacation schemes at City law firms say the “drinking culture” makes it hard for them to take part in social events because of their religion.
GenAI helps lawyers overcome ‘blank page syndrome’
Three-quarters of lawyers agree that using generative artificial intelligence helps them “get to a first draft quicker”, according to a report on trials run by a leading City law firm.
Seven out of 10 lawyers say being a carer damaged their health
More than seven out of 10 lawyers have said that being a carer has damaged either their mental or physical health, a report to mark Carers Week has found.
Number of complaints to law firms up 20% in five years
The number of complaints received by law firms went up by about a fifth between 2019 and 2023, the SRA has found – but averages out only at four per practice.
Blog
Lessons from Sir Keir Starmer for SRA chief
The proposed 29%, or £25m, increase in the Solicitors Regulation Authority’s budget announced last week should really come as no great surprise.
The hidden risks in client account reconciliations
The client account reconciliation process will be second nature to most people in legal finance – and so is also a potential area for a problem to be undetected until it becomes serious.
Mentoring the next generation of litigation leaders
As a female lawyer, from the North, with a state school education, I understand the value of sharing perspectives, experiences and contacts.
