Practice Management
Failure to engage on diversity “should feature in performance reviews”
Failure by lawyers to engage on diversity issues should be “taken into account” and have “consequences” in performance reviews, a report has recommended.
Partner caution and client demands “limiting law firm growth”
The combination of a challenging economy, partner caution about investment, and changing demands of clients will be drags on growth this year, according to a survey of large law firms.
Listed legal group raises £2.8m to reduce reliance on bank facility
AIM-listed group RBG Holdings – which encompasses London law firms Rosenblatt and Memery Crystal – raised £2.8m in funding yesterday, slightly more than it had sought.
Number of cyber breaches at law firms up by 36% in a year
The number of reported cyber breaches at UK law firms jumped by 36% in 2022/23 as hackers increasingly target the profession, new figures show.
Solicitor constructively dismissed over return to work after giving birth
An associate solicitor has won her claim for unfair dismissal over the way her then law firm employer handled her return to work after maternity leave.
Firms billing more often to combat slow-paying clients
Many law firms plan to bill and collect more frequently to combat clients taking longer to pay as they try to reduce lock-up, a report has found.
“Unstuffy” ABS hits £7m turnover in less than five years
A Yorkshire alternative business structure founded in 2019 by a solicitor and non-lawyer has grown its turnover from £500,000 in year one to £7m as it expands its range of services.
Firms “asking staff to spend more days in the office”
More than a fifth of legal professionals across the UK have been asked by their employers to spend more time in the office, but few want to return to it full-time.
Law firm extends opening hours after staff move to four-day week
A Scottish law firm has extended its opening hours after most of its staff moved to working a four-day week, the latest to experiment with this new way of working.
New ICO certification for lawyers gives “certainty” on data processing
The Information Commissioner’s Office has approved a certification scheme which it says will provide law firms, chambers and others with “certainty” when processing personal data.
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
Associates
