Practice Management
Former law firm CEO takes majority stake in legal pricing platform
The former chief executive of listed legal services group RBG Holdings has taken a majority stake in a platform which uses AI to help law firms price their work.
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.
Blog
Why law firms are getting AI supervision wrong
The profession’s response to AI supervision failures misunderstands the nature of LLM output – there needs to be for a shift in the culture.
Beyond the PII premium – rethinking risk
Professional indemnity insurance renewal is often treated as an annual pricing exercise. But it is also a chance to show how effectively you identify, manage and mitigate risk.
The AI governance gap in law firms and why it matters now
A third of law firms are already using AI tools with no formal policy in place to govern how AI gets used, what data goes into it, or who’s accountable when something goes wrong.
Reports
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