Practice Management
Dorset, Manchester and London see latest law firm mergers
Law firm merger and acquisition activity is continuing with deals in Dorset, Manchester and London, including a leading commercial firm establishing an employment practice.
Law firm marketing does not convey their expertise well, say bosses
The heads of large law firms do not feel their marketing communications portray their expertise very well but are still putting marketing chiefs on the boards, according to new research.
“Favourable” PII market expected to continue throughout 2024
The current “favourable” professional indemnity insurance market is expected to continue throughout the rest of 2024, according to a leading broker.
AI will have bigger impact on law than the internet, says thinktank
Artificial intelligence will have a greater impact on legal services than the internet revolution, a roundtable sponsored by the Solicitors Regulation Authority has predicted.
Law firms facing “astronomical ransom demands” from cyber-attackers
The legal sector has faced “astronomical ransom demands” from cyber-attackers in recent years, ranging from $30,000 to $21m, according to new research.
First law firm obtains specialist legal services ICO certification
A leading law firm has become the first to obtain the new legal services-specific data protection certification approved by the Information Commissioner’s Office.
Medical negligence specialist firm becomes employee-owned
A law firm specialising in medical negligence has embraced employee ownership, giving the staff a “less risky future” at a time of uncertainty in the sector.
South Asian lawyers “experience discrimination in career progression”
Two-thirds of South Asian partners in large London law firms have experienced racial discrimination in career progression, a new report has found.
Law firm targets acquisitions after taking private equity backing
Beyond Law Group – which currently owns three practices – has accepted private equity investment as it plans to expand significantly through organic and acquisitive growth.
Lack of trust preventing consumers from complaining to law firms
Trust in in the legal profession is relatively high – but not when it comes to believing law firms will deal with complaints properly, major research has found.
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.
