Practice Management
Contentious probate specialist secures private equity backing
A law firm specialising only in contentious probate has secured £3.25m in private equity funding to boost expansion across the country, the fifth law firm to be backed by BGF.
Smaller law firms turn to marketing as optimism falters
Confidence among smaller law firms that they will grow in the coming year has fallen for the third year running and they are planning to increase their marketing efforts in response.
Exclusive: Lawfront eyes five more acquisitions to build £100m group
Private equity firm Blixt Group is looking at up to five more acquisitions to reach its target of building a £100m national legal services business, its chief executive has revealed.
Profession paying “lip service” to diversity, LSB told
The legal profession pays only “lip service” to diversity and “there is a lack of action or appetite to pursue meaningful change”, a report for the Legal Services Board has suggested.
Double acquisition for MAPD Group with “more to come”
The MAPD Group – a business bringing together local law firms – yesterday announced a double acquisition in the North-West ahead of “several” more deals later in the year.
Law firm’s office building to have Europe’s “biggest green wall”
National law firm TLT is relocating its Manchester office next summer to a net-zero office building with Europe’s “biggest green wall”.
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.
Blog
Accountability has to live within governance, not with one person
The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.
The SRA’s client money reforms: good intentions, questionable execution
On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.
Recruitment, retention and reward in the legal accounts world
Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.
