Practice Management
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.
Top offshore firm eyes new locations after taking external capital
Leading offshore law firm Walkers is eyeing geographic growth after becoming the latest to take external cash after agreeing a “strategic co-investment” into its fund and corporate services business.
Staff churn drops sharply as Knights reports positive results
Listed law firm Knights has significantly reduced staff churn, according to half-year results which showed a 30% rise in turnover to £130m, albeit most of it from acquisitions.
Clients demanding AI chatbots to “circumvent lawyers”
Large law firms are facing “increasing demands from clients” for AI chatbots to allow them to “self-serve and circumvent the need to direct all queries through lawyers”.
Government will put firms “at risk” with client account interest grab
The government’s proposed raid on client account interest “will put high street law firms at risk and force legal fees to rise for those that survive”, the Law Society has warned.
Two more acquisitions for leading PE-backed group
Two of the law firms owned by Lawfront, the largest buy-and-build group backed by private equity, have made their own acquisitions, in our first M&A round-up of the year.
AI tool aims to capture “invisible thinking” of lawyers
A legal tech startup led by a solicitor turned behavioural psychologist is aiming to capture the “invisible knowledge” of senior lawyers for the benefit of both junior lawyers and clients.
Blog
Mazur: a symptom not a cause?
If Mazur is a symptom, what does it mean for the underlying health of our civil justice system: the ‘finest legal system in the world’?
Cross-generation collaboration: the key to in-house legal tech adoption
In-house legal function leaders will increasingly have to evolve their thinking on how to manage multigenerational teams containing differing levels of technological expertise.
AI and law firm risk – the view of professional indemnity insurers
In considering law firm applications for cover, many insurers will expect to see evidence of how firms are adapting to AI and preparing for the future.
