Practice Management

Smaller commercial law firms in the City of London are pushing for short leases to give them more flexibility, while big firms signed five “mega-deals” on new offices last year.

Setfords has become what it believes is the first law firm to launch two mentoring schemes aimed at aspiring and qualified Black lawyers respectively.

A solicitor campaigning for statutory leave for those suffering baby loss has teamed up with a training company run by barristers to create an online platform to help people returning to work afterwards.

Large law firms experienced an average of 23 ‘cyber incidents’ in the past 12 months and are among the lower spenders on cyber protection compared to other sectors.

LawCare has seen a 24% increase in the number of legal professionals contacting it for support so far this year, showing that employers need “to do more to create mentally healthy workplaces”.

Profits per equity partner are tumbling at City law firms despite increases in revenue, new research has found. Eight in 10 City firms reported a decline in PEP this year.

The pace of consolidation in the legal market could increase after the funder that owns Simpson Millar launched a facility for law firms that want to grow through acquisition.

Six in 10 lawyers feel “less optimistic” about their career prospects after having children, with the feeling much more common among female solicitors than men.

Solicitors, trainees and paralegals at City firm Taylor Wessing have started receiving crypto-tokens for efforts that “go beyond their day job” – partners can give tokens, but not receive them.

Law firms often adopt diversity initiatives “because they are fashionable, not because they work”, an academic and diversity specialist has argued.