Practice Management
Clients uncomfortable about widespread use of AI
A national survey exploring what clients want from a law firm in 2026 has revealed a distinct split between the acceptance of digital services compared to AI.
US personal injury firm attracts $125m private equity investment
A personal injury law firm in Arizona has launched a management services organisation with a $125m (£94m) investment from an unnamed private equity backer.
April Deals Day – PE-backed group leads way with new addition
A range of acquisitions completed yesterday, with private equity-backed group Lawfront adding a seventh law firm to its stable.
MoJ to relax legal aid rules on remote consultations and office hours
The government is relaxing rules that control the amount of remote client consultations civil legal aid providers can offer, as well as their office opening times.
PE-backed Swedish law firm group eyes UK expansion
A private equity-backed group of law firms in Sweden has already had interest from UK practices as it looks also to expand across the Nordic region, its chief executive has revealed.
PE-backed firm sees capping billable hours as key to growth
A law firm that limits its solicitors to 25 billable hours a week has seen annual growth of 40% over the last two years.
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.
Blog
The SRA’s client money reforms: good intentions, questionable execution
On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.
Recruitment, retention and reward in the legal accounts world
Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.
From ‘year zero’ to £6.5m – how a law firm found its second life
In 2018, I hit what I call ‘year zero’. On paper, Olliers Solicitors was a top-tier criminal defence firm but beneath the surface, I could see we were at a crossroads.
