Practice Management
Corporate work to drive legal market growth in 2023
The legal services market should see a year of steady growth in 2023, with corporate law the main driver, and family law and probate demand also strong, new research has predicted.
SME firms performing well even though chargeable hours fall
Small and mid-sized law firms had a good year financially in 2021/22 but could perform better still if their fee-earners were billing the hours they should, research has found.
PE-backed family law firm makes second acquisition in a year
A second acquisition in a year by private equity-owned Stowe Family Law leads the way in our round-up of the latest activity among alternative business structures.
Clients “holding City law firms to account on diversity”
Clients are holding City law firms to account on diversity and firms that fail to respond to this pressure will lose work, the chair of the City of London Law Society has said.
Leading firms sign up to rainmaker programme for female lawyers
Some 40 leading law firms have so far signed up to an e-mentoring programme that aims to help female lawyers gain the business development skills they need to become rainmakers.
Law firm offers staff free menopause diagnosis service
National law firm TLT is launching a free menopause diagnosis service for all female staff today to coincide with International Women’s Day.
Competition law to grow fastest among practice areas
Demand for competition law will grow fastest this year, while the markets for private client and criminal law shrink slightly, research has predicted.
HF gives staff shares as it bids to double turnover in four years
Defendant insurance law firm HF has handed employees free shares in the business as part of an ambitious growth plan that includes diversification, acquisition and maybe even a stock market listing.
Law firms double revenue growth amid salary pressures
Law firms doubled their revenue growth in the last financial year as they prepared to reward staff with salary rises, research has found.
Is your law firm’s claims management activity compliant?
The outsourcing of marketing activity has become a common feature of many law firms that handle claims-related work – a tacit acceptance perhaps that attracting clients requires specialist skills which some lawyers simply do not have.
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.
