Practice Management

A second acquisition in a year by private equity-owned Stowe Family Law leads the way in our round-up of the latest activity among alternative business structures.

Clients are holding City law firms to account on diversity and firms that fail to respond to this pressure will lose work, the chair of the City of London Law Society has said.

Some 40 leading law firms have so far signed up to an e-mentoring programme that aims to help female lawyers gain the business development skills they need to become rainmakers.

National law firm TLT is launching a free menopause diagnosis service for all female staff today to coincide with International Women’s Day.

Demand for competition law will grow fastest this year, while the markets for private client and criminal law shrink slightly, research has predicted.

Defendant insurance law firm HF has handed employees free shares in the business as part of an ambitious growth plan that includes diversification, acquisition and maybe even a stock market listing.

Law firms doubled their revenue growth in the last financial year as they prepared to reward staff with salary rises, research has found.

The outsourcing of marketing activity has become a common feature of many law firms that handle claims-related work – a tacit acceptance perhaps that attracting clients requires specialist skills which some lawyers simply do not have.

The founder of a new family law firm has said she works a four-day week and will be recruiting staff to work in the same way. The “emotionally draining” nature of the work made it important.

Law firms are not responding to employees’ need for support with mental health and wellbeing, while those working flexibly are recording more hours than they did before the pandemic.