Practice Management
Simpson Millar exits most of private client in profitability push
National firm Simpson Millar is to exit private client services except for personal injury and family law as part of a major restructure sparked in part by the introduction next year of fixed recoverable costs.
Large law firms “struggle to give their lawyers a voice”
The largest law firms in the UK and US “struggle to give their lawyers a voice” through thought leadership, new research has found, with smaller firms more effective.
Lawyers “will walk” if hybrid working demands not met
Lawyers working in large law firms are committed to working remotely from home post-pandemic, with almost half willing to walk away if told they have to attend the office full-time.
Law firms not responding quickly enough to new competitors
Traditional law firms are failing to adapt quickly enough to respond to new competitors, or to differentiate their services by offering alternative approaches, research for listed law firm DWF has found.
Websites of top-100 law firms “slow and full of broken links”
A study of top 100 law firm websites has rated only one as ‘excellent’ in terms of speed and only 13% as having no broken links, with many riddled with basic SEO errors.
Litigation funder keen on taking more stakes in law firms
The world’s largest litigation funder, Burford Capital, is looking for more law firms willing to exchange a minority stake for capital as an alternative to stock market listing.
“Astonishing” revenue rise for top law firms in pandemic
The top 50 law firms increasing their revenue to over £20bn during the first financial year of the pandemic has been branded an “astonishing achievement”.
Scottish firm targets major expansion after first English acquisition
An ambitious Scottish law firm has made its first move south of the border by acquiring a large conveyancing business as it looks to rapidly build a full-service offering in England.
Firm cleared of disability discrimination against senior support manager
A senior manager at law firm Berrymans Lace Mawer has failed in a claim that her stress, anxiety and depression constituted a disability.
No longer just contracts – BT expands managed services partnership
BT is renewing and expanding its partnership with global managed services provider Factor, in a “complete synergy” which had allowed the telecoms giant to outsource “more complex problems”.
Blog
Lessons from Sir Keir Starmer for SRA chief
The proposed 29%, or £25m, increase in the Solicitors Regulation Authority’s budget announced last week should really come as no great surprise.
The hidden risks in client account reconciliations
The client account reconciliation process will be second nature to most people in legal finance – and so is also a potential area for a problem to be undetected until it becomes serious.
Mentoring the next generation of litigation leaders
As a female lawyer, from the North, with a state school education, I understand the value of sharing perspectives, experiences and contacts.
