Practice Management

Pressure from managers or other colleagues is the biggest and still growing concern for young lawyers, who are pushing back on the hours they are expected to work.

Fletchers Group, the serious injury law firm owned by private equity, has continued its expansion by taking on the once-core motorbike work of Macclesfield firm Thorneycroft.

Regional law firm Muckle, based in Newcastle, has become the first in the North-East to become a certified B Corporation, changing its LLP agreement as part of the move.

Kent law firm Cripps has secured B Corporation certification, one of the biggest law firms to do so, and said it would have to keep improving to meet a “higher bar”.

Artificial intelligence could transform law firm billing “beyond recognition” as the time taken to complete tasks becomes “almost irrelevant”, a report has predicted.

Large losses at law firms have been “trending up” and firms should look at their culture to address often simple errors caused by stress, pressure or fatigue, a professional indemnity insurer has said.

Axiom Ince’s history of consolidating law firms with financial issues saw its turnover quadruple in just three years even before the Ince & Co and Plexus Law deals, its joint administrators have revealed.

The arrival of generative AI has turned the process of legal tech purchasing and adoption “on its head”, the head of innovation and legal technology at national firm Addleshaw Goddard has said.

Law firm innovator Alice Stephenson has turned her business into an unregulated practice, citing problems with HM Revenue & Customs and the costs of running a regulated law firm.

Hull-based Hudgell Solicitors has become one of the largest law firms to date to become employee owned, after founder Neil Hudgell decided to transfer the majority of shares to an EOT.