Practice Management
Growing number of lawyers worried about AI errors
The proportion of lawyers concerned about errors and hallucinations generated by AI has risen to 83%, while one in 10 are dependent on it.
Knights and Fletchers carve up Moore Barlow
Listed law firm Knights has agreed a deal for the commercial and private wealth practices of South-East law firm Moore Barlow, with private equity-backed Fletchers picking up the rest.
PE-backed group set for further acquisitions after refinancing
Lawfront, the private equity-backed group leading the ‘buy and build’ movement in the legal market, has completed a refinancing round that has nearly doubled its funding.
Latest Knights acquisition boosts Thames Valley offering
Listed law firm Knights has made its 29th acquisition since going public eight years ago, spending £4m on Thames Valley practice THP Solicitors.
LSB approves separation of compliance and management roles
The Legal Services Board has approved rule changes to separate law firm managers who can “unilaterally” make decisions from compliance officer roles in all but the smallest firms.
Second deal in a month for new ‘buy and build’ legal group
The new legal group backed by a private investment office and aimed in particular at law firms with succession issues has made its second acquisition.
SRA warns over “emerging” money laundering risks for law firms
Acting for cash-intensive high street businesses and relying on existing due diligence are “emerging” risks in the fight against money laundering, the SRA has warned.
Minster Law unveils acquisition to accelerate major growth plan
Personal injury firm Minster Law has followed up its plan to more than double its turnover in five years by acquiring ARAG Law’s PI business.
Top offshore business takes minority private equity investment
Mourant – the offshore group combining legal, governance and consulting services – has taken minority investment in a deal that could open up options for other large firms.
New model complaints procedure “does not guarantee compliance”
The Legal Ombudsman has warned lawyers that using its new model complaints resolution procedure is not “a proxy” for regulatory compliance.
Blog
When the person who needs help is the partner
A law firm can have excellent support on paper and still have a serious gap. The gap is the person who cannot imagine using it.
SRA supervision and AI: what firms will be asked to prove
AI intensifies scrutiny of whether firms can demonstrate that they were in control of the systems through which legal services were delivered.
How ELD NextGen will improve employers’ liability tracing
The Employers’ Liability Tracing Office is continuing work towards the launch of ELD NextGen, the next generation of the employers’ liability database, in early 2027.
Reports
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