Practice Management
Listed law firm eyes biggest acquisition
Listed law firm Knights has confirmed that it is in talks with a leading South-East practice in what would be by far the biggest deal it has ever done.
Half of clients think AI can replace solicitors
As many as half of law firm clients believe that AI can replace a qualified solicitor, although most say this would only be for routine matters.
Search fund buys conveyancing and private client law firm
An investor-backed search fund has acquired a conveyancing and private client law firm as the start of a ‘buy and build’ strategy aimed particularly at SME practices with succession issues.
Private equity house invests in two law firms in quick succession
A private equity house has acquired stakes in two law firms in quick succession – one specialising in conveyancing and the other in private prosecutions.
Irwin Mitchell sells off £10m debt recovery business
Irwin Mitchell is selling its debt recovery business as it focuses on core legal services, kicking off the latest round of law firm deals.
Entry of PE “puts focus on capital growth, not annual cash distribution”
Private equity allows law firms “to build for capital growth rather than cash distribution” and represents a “fundamental shift in how firms can compete”, the Law Firm Growth Summit heard yesterday.
Largest law firms continue to lag behind in partnership diversity
The country’s largest law firms continue to lag behind the rest of the profession in promoting women and ethnic minority solicitors to partner, authoritative new figures have shown.
PE-backed group finding firms propped up by client account interest
Law firms being over-reliant on client account interest for their profits is among the reasons why the private equity-backed Adeptio Law Group has yet to make a major acquisition.
Taylor Rose first to hit landmark of 1,000 consultant solicitors
Taylor Rose has become the first law firm with more than 1,000 consultants on its books as its chief executive says there is still plenty of room to grow its hybrid model.
Women lawyers “still not talking to each other”
Women are leaving law firms at senior associate level, feeling “they are the only one struggling because they are not talking to each other”.
Blog
The Decent Homes Standard scandal
It is well established that the UK has the highest proportion of inadequate housing in all of Europe. But what if the heart of the problem is even worse than we think?
The evolving standard: AI and professional negligence
AI creates an obvious professional negligence risk. Using it carelessly may fall below the standard of reasonable skill and care. As may failing to use it, in certain circumstances.
The ongoing rise and challenge of housing disrepair in council properties
Britain’s housing disrepair crisis has quietly evolved into one of the most consequential legal and political issues facing the country’s social housing sector.
