Practice Management
Poor mental health rife in the profession, says major study
Six in 10 people working in the law have poor mental wellbeing, while a fifth feel they have been bullied, harassed or discriminated against in the past year.
Launch of barrister apprenticeships moving closer
Candidates should soon be able to apply for the first barrister apprenticeships, it emerged at an event that also featured a debate about the existence of ‘imposter syndrome’.
Doing nothing “is a legitimate strategy for lawyers”
Doing nothing is “a legitimate strategy” for lawyers which “maintains focus on key objectives and avoids burnout”, the founder of LOD (Lawyers on Demand) has argued.
Buoyant Keystone sees share price soar alongside income and profits
Listed firm Keystone Law continues to make significant strides, with revenue up 17% in the first half of its financial year and likely to exceed market expectations for the full year.
Biggest law firms lead way in using – and showing they use – AI
New research has highlighted the importance of using artificial intelligence – and being seen to use it – among the largest law firms.
Acquisition and US ABS first for Lawhive after footballers invest
Consumer law platform Lawhive has said it will be looking for similar targets after buying fee-share law firm Woodstock Legal Services and setting up an ABS in the US.
Burford invests in consultancy as it eyes stakes in large law firms
Burford Capital has made a clear statement of intent to ramp up its investing beyond litigation by taking a minority stake in a UK consultancy that launches and helps manage law firms.
AI use gaining ground rapidly across legal profession
Six out of 10 lawyers are using GenAI for work purposes and most of the rest plan to use it, with small law firms twice as likely as larger practices to “rely heavily on AI for day-to-day work”.
Acquisition number 15 for Gateley as it beefs up IP practice
Gateley has made the 15th acquisition since it listed just over a decade ago by buying intellectual property law firm Groom Wilkes & Wright for up to £9m.
Law firms’ need for growth makes private equity “attractive option”
The need for law firms to keep growing – because “if you’re standing still, you’re going backwards” – is making the option of private equity investment increasingly attractive.
Blog
The power of participation for trainees and apprentices
It’s important as a trainee or an apprentice to get involved in the life of your firm – even under the pressure of discovering how to navigate professional life and now the demands of the SQE.
Is it time to change how law firms view compliance?
Although COFAs often hold senior positions and play an essential role in a firm’s financial and regulatory integrity, the perception of the compliance function itself is still evolving.
From templates to culture change: Lessons from the SRA on source of funds
The SRA’s new thematic review into source of funds and wealth reveals both progress and persistent blind spots, with source-of-funds checks too often thought of as a procedural hurdle.
