Practice Management


Reduce AML officers’ billable targets, regulator tells firms

24 November 2021

Firms should relieve lawyers who hold their anti-money laundering compliance roles of some of their fee-earning workload and consider appointing deputies too, the SRA has said.


Leading firm vets clients for conflicts with social purpose

23 November 2021

The law firm leading the new wave of firms balancing profit with social purpose has turned down “quite a lot” of potential clients for ethical reasons, its managing partner revealed last week.


Pandemic has hindered lawyers’ careers, survey finds

18 November 2021

Half of all legal professionals think that the pandemic has been detrimental to their career, with many now looking for new roles, according to a survey conducted by a Kent law firm.


“Basic errors” keep law firms scoring low for customer experience

9 November 2021

Law firms record lower scores for customer experience than other professional sectors, with a host of “basic and avoidable errors” costing them new business, a survey has found.


Solicitors must “redouble” pro bono efforts in face of increased inequality

5 November 2021

Lawyers must “redouble” their efforts to provide pro bono legal advice because the pandemic had led to “increased inequality”, the London Solicitors Litigation Association has said.


Big firms join forces to improve BAME under-representation

4 November 2021

Twenty one major commercial law firms have joined forces on a new initiative aimed at tackling the under-representation of Black, Asian and minority ethnic (BAME) groups in the profession.


Law firm eyes up acquisitions after embracing employee ownership

3 November 2021

The latest law firm to embrace employee ownership, West Midlands firm Talbots Law, is looking to buy other firms as part of its ambitious expansion plans.


Pro bono services “cannot keep up” with post-Covid demand

3 November 2021

Demand for pro bono legal assistance has accelerated dramatically since the pandemic started and providers cannot keep up, leading lawyers said this week.


Big law firms “more concerned about cyber-attacks than Covid”

25 October 2021

The top 100 UK law firms are more likely to see cyber-attacks as a threat to their ambitions than Covid-19, a survey by Big Four accountants PwC has found.


‘House of brands’ group makes first non-legal acquisition

21 October 2021

Ampa – the group that owns midlands law firm Shakespeare Martineau – has made its first non-legal services provider acquisition since unveiling its innovative ‘house of brands’ strategy last year.

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Blog


Modern search is about ‘knowledge’ retrieval

Search has long been understood as data retrieval – the ability to call back information and check a box on finding something. Legal professionals today need more of a 360-degree view on a matter.


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.


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