Practice Management


KPMG Law chief: GenAI will reshape conversations about billing

13 February 2024

Generative AI will move lawyers further away from hourly billing and into discussions with clients about the need for a commercial return on their investment in the technology.


First law firm B Corp calls in B Corp ALSP

13 February 2024

Bates Wells, the first UK law firm to become a B Corp, has started working with alternative legal services provider Obelisk Support, while Freeths has become the largest legal B Corp.


Lawyers’ use of generative AI “accelerating quickly”

12 February 2024

Lawyers’ use of generative AI is accelerating quickly but there is a major mismatch between in-house and private practice expectations of the impact on billing, new research has found.


Scale and pace of law firm M&A “will increase this year”

9 February 2024

There is a “higher level of confidence” among law firm buyers and “clear signs that the scale and pace” of M&A will increase in 2024, a report has found.


Staff at employee-owned law firm receive £4,000 bonus

7 February 2024

Employee-owned law firm Ison Harrison doubled the turnover of its commercial division last year, partly by advising other businesses on how to become employee-owned.


LawCare handles twice as many reports of bullying

1 February 2024

The number of lawyers talking to wellbeing charity LawCare about problems of workplace bullying and harassment more than doubled last year.


Young lawyers pushing back at hours they are expected to work

31 January 2024

Pressure from managers or other colleagues is the biggest and still growing concern for young lawyers, who are pushing back on the hours they are expected to work.


Another Fletchers deal as regional firms kick off 2024 M&A activity

24 January 2024

Fletchers Group, the serious injury law firm owned by private equity, has continued its expansion by taking on the once-core motorbike work of Macclesfield firm Thorneycroft.


Leading North-East law firm joins growing B Corp movement

23 January 2024

Regional law firm Muckle, based in Newcastle, has become the first in the North-East to become a certified B Corporation, changing its LLP agreement as part of the move.


Latest law firm B Corp prepares for bar to get higher

9 January 2024

Kent law firm Cripps has secured B Corporation certification, one of the biggest law firms to do so, and said it would have to keep improving to meet a “higher bar”.

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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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