Practice Management

The increasing extent to which clients are being screened against environmental, social and governance issues was laid out at a Law Society conference last week.

A Yorkshire law firm has introduced a ‘tailored equity’ scheme to act as a “stepping stone” between being a salaried partner and full equity.

None of the top 100 law firms are “actively pursuing alternative funding or ownership structures”, such as listing on Stock Exchange, for the next three to five years, a survey has found.

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.