Practice Management
Broadfield model delivers international growth in first year
Broadfield – the new international law firm supported by a global management consultancy – has achieved a lot in its first year but there is much more to do, according to its UK managing partner.
ILCA: Law firms will look to hold money outside of client accounts
An Interest on Lawyers’ Client Account scheme will likely push law firms to hold more client money outside of a client account, to the detriment of consumer protection.
LawCare busier than ever in “uncertain and demanding times”
The current “uncertain and demanding times” are reflected in the record number of lawyers receiving emotional support from legal mental health charity LawCare.
AI to create “dividing line between innovative and conservative firms”
Artificial intelligence will create a “huge dividing line” between innovative and conservative law firms, the founder of a Sussex litigation practice has predicted.
PE-backed law firm takes over top insurance company’s ABS
Private equity-backed HF has acquired most of the assets of the alternative business structure owned by global insurance services firm Crawford & Company.
Lawyers worried about impact of AI on training next generation
The profession is worried about how junior lawyers will develop fundamental legal skills in the age of artificial intelligence, new research has found.
Community interest company uses AI to support immigration work
A community interest company is using artificial intelligence to help it provide pro bono advice to people seeking global talent visas to come to the UK.
Majority of mid-sized law firms “have been approached by PE”
Seven in 10 of mid-sized law firms have been contacted in the last year by a private equity investor or PE-backed law firm about acquisition, according to new research.
Criminal law firm to launch AI accreditation scheme
A criminal law firm in Manchester is turning its attention to artificial intelligence (AI) after 29 of its lawyers successfully obtained a client-care accreditation it created.
National litigation practice bought by private equity house
A national practice best known for its credit hire work has become the latest addition to the ranks of law firms owned by private equity.
Blog
Why menopause support belongs on every law firm’s agenda
Progression in the law slows significantly as women approach senior leadership. Most will be at the height of their careers around the average age menopause symptoms begin.
Law firms need to go beyond document checks
At the root of every failed compliance review is a familiar phrase: a calm assertion of “but we did a document check”.
How you respond to mistakes matters more than the mistakes themselves
Mistakes in legal practice are inevitable. What truly differentiates well-run firms from those that stumble is not whether mistakes occur, but how they are handled when they do.
