Practice Management


First law firm obtains specialist legal services ICO certification

1 August 2024

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

31 July 2024

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”

24 July 2024

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

18 July 2024

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

17 July 2024

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.


“Generational shift in priorities” between aspiring and established lawyers

17 July 2024

There is “a significant generational shift in priorities” between those seeking their first job as a lawyer and those already working for law firms, a report has found.


Another volume consumer claims firm goes down owing £37m

5 July 2024

Another law firm specialising in volume consumer claims has collapsed, with administrators called in yesterday at Liverpool-based McDermott Smith Law.


Law firm turns four-day week pilot into permanent fixture

4 July 2024

One of the very few UK law firms to trial a four-day week has now formally adopted it after a successful pilot that proved a “massive attraction” to potential recruits. 


Partner underperformance hitting many law firms’ profitability

2 July 2024

Partner underperformance remains an issue for most law firms and continues to affect profitability “significantly”, according to new research.


West Midlands ‘supercluster’ aims to drive forward lawtech

26 June 2024

Plans to boost innovation and the use of lawtech in the West Midlands over the next decade have been unveiled by the UK’s first professional services technology ‘supercluster’.

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Blog


Could unpredictable AI costs finally lead firms to true value pricing?

For years, the legal profession has talked of moving away from the billable hour to value-based pricing without quite managing it.


Is your Google Ads budget funding your competitors’ AI visibility?

If your cost-per-click has crept up again this year, you’ve probably assumed the market simply got more expensive. That’s the wrong way to read what’s happening.


Containing the spread of unapproved AI

Nearly 60% of fee-earners admit to using unapproved tools (like free versions of ChatGPT). Yet 68% of firm leaders are confident there is zero risk of unapproved AI being used for client work.


Reports


Report Cover
The legal sector is enjoying its strongest period of growth in 15 years, driven by private equity investment, merger and acquisition activity, AI and a wave of new business models The Law Firm Growth Report explores the strategic choices facing… Read More

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