Practice Management
Pre-pack deal and global merger lead way in latest M&A
A well-known Midlands law firm being sold following a pre-pack administration and a huge transatlantic merger lead the way in the latest M&A news.
Peers split on increasing NI contributions for LLPs
Peers were last week split on the idea of making limited liability partnerships pay employer-style National Insurance contributions.
GenAI could “reinforce rather than disrupt” the billable hour
The adoption of generative AI by lawyers “has the potential to reinforce rather than disrupt the billable hour model”, a legal academic has argued.
Digital assets “to play central role in law firm M&A”
Digital assets, data and “repeatable, digitally enabled processes” will play a central role in future law firm mergers, two leading advisers have predicted.
Survey: Profits up in the City, down in the regions
City law firms are outperforming their regional counterparts, with partner profit pools rising by 12% in London but falling by 11% outside of it, according to new research.
Employee ownership “a way of saying we are not for sale”
The managing director of a Kent law firm which has turned down multipe private equity advances has described its move to employee ownership as “a way of saying we are not for sale”.
Leading southern law firm launches referral network
Thrings, a law firm with offices across the South-West and South of England, has become the latest regional practice to launch a referral network for smaller practices.
Fifth of law firms looking to option of private equity backing
A fifth of law firms are considering private equity investment as a route to growth and transformation, according to new research.
Law firms disagree on what should be considered a complaint
Law firms are divided over what should be regarded as a complaint from clients, a survey by the Solicitors Regulation Authority has found.
Largest law firms raise rates by 10% but cut staff
The top 10 law firms have raised hourly rates by over 10% to an average of almost £500 while cutting staff numbers amid growing concern about the impact of AI.
Blog
AI in family law – drawing the line for clients and lawyers
AI is becoming increasingly intertwined with family law. Clients are using it to draft initial enquiries, prepare statements and, in some cases, to support themselves as litigants in person.
Why AI and leadership choices will define law firm profitability in 2026
Despite rapid advances in legal technology, the future of law will not be determined by software alone. It will be shaped by leadership decisions.
Legal director: an alternative to partnership
Firms are increasingly acknowledging the need for alternative senior roles – positions that offer influence and recognition without the obligations of ownership.
