Practice Management

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.

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.

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.

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.

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.

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 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.

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.

National law firm TLT is launching a free menopause diagnosis service for all female staff today to coincide with International Women’s Day.

Demand for competition law will grow fastest this year, while the markets for private client and criminal law shrink slightly, research has predicted.