Practice Management
“Partnership is dying” as law firms need greater agility
“Partnership is dying” as a model for new law firms, though it remains “an option”, a law firm management expert has said as he stressed the need for them to adopt the ‘agile’ methodology.
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.
Blog
Why law firms are getting AI supervision wrong
The profession’s response to AI supervision failures misunderstands the nature of LLM output – there needs to be for a shift in the culture.
Beyond the PII premium – rethinking risk
Professional indemnity insurance renewal is often treated as an annual pricing exercise. But it is also a chance to show how effectively you identify, manage and mitigate risk.
The AI governance gap in law firms and why it matters now
A third of law firms are already using AI tools with no formal policy in place to govern how AI gets used, what data goes into it, or who’s accountable when something goes wrong.
Reports
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