Practice Management
Opportunities opening up for “long neglected” returners to the law
The legal profession’s growing appetite for hiring career returners is opening up a wealth of opportunities for a talented group of lawyers who have “long been neglected”.
Most law firms willing to consider selling stake to external investor
Three-quarters of law firms – and especially those at the smaller end of the market – would consider selling a percentage of their business to an external buyer, new research has revealed.
Linklaters aims for 50% remote workers for redesigned ALS offering
City giant Linklaters is aiming to have half of its over alternative legal services staff, who currently number over 100, working remotely, it has emerged.
Law Society: Climate change a “valid” reason to reject clients
Climate-related issues may be “valid considerations” for law firms in deciding whether to act for potential clients, the Law Society has said.
Law firms failing to help general counsel stay up-to-date
Most general counsel spend at least five hours a week keeping up-to-date with legal developments but law firms are not delivering the content they need.
Profession “gives least support to lawyers caring for relatives”
The legal profession gives least support to lawyers caring for relatives who are not their children, while lawyers without children are also often overlooked, a poll of freelance lawyers has found.
Private equity house backs fourth law firm acquisition
The private equity house looking to building a £100m legal services group has made its fourth acquisition with a bolt-on for Lancashire firm Farleys.
Law Society research highlights solicitor wellbeing woes
Solicitors score lower than the UK average on all positive measures of wellbeing, and are more likely to rate their anxiety higher, Law Society research has revealed.
Employee ownership specialists become employee owned
A law firm specialising in employee ownership, which has advised other law firms on setting up employee ownership trusts, has itself become 100% owned by its employees.
Bolt-ons and regional deal buck quiet M&A market
Merger and acquisition activity has been slow in the first quarter of 2023, but there have been niche bolt-ons, a Kent merger and a chambers merger too.
Blog
Lessons from Sir Keir Starmer for SRA chief
The proposed 29%, or £25m, increase in the Solicitors Regulation Authority’s budget announced last week should really come as no great surprise.
The hidden risks in client account reconciliations
The client account reconciliation process will be second nature to most people in legal finance – and so is also a potential area for a problem to be undetected until it becomes serious.
Mentoring the next generation of litigation leaders
As a female lawyer, from the North, with a state school education, I understand the value of sharing perspectives, experiences and contacts.
