Practice Management


Ashurst elevates ‘New Law’ tech roles to careers alongside lawyers

27 September 2021

The ‘New Law’ arm of City firm Ashurst has created a formal career pathway for legal technology specialists to run in parallel with the traditional roles available to lawyers.


Recruiter launches automated data tool for law firm mergers

23 September 2021

A legal recruitment specialist has launched what is believed to be the first automated data tool for law firm mergers to speed up the early stages of due diligence.


Increased indemnity costs “biggest threat” to smaller law firms

14 September 2021

Smaller law firms have survived the pandemic well but are very worried about possible increases in the cost of their professional indemnity insurance, a report has found.


Mishcon de Reya to list – and more firms are set to follow

10 September 2021

Partners at London law firm Mishcon de Reya have voted to press ahead with a premium listing on the stock exchange, with experts predicting more to follow.


Law firms “must turn diversity aspirations into reality”

2 September 2021

Law firms must try harder to turn aspirations to improve their diversity into reality, according to an employed barrister who has founded a diversity consultancy.


Study links greater diversity to higher law firm profitability

31 August 2021

There is a link between greater diversity and higher law firm profits, research in the US has found, “diversity of cognition” one of the key reasons.


DWF details share-based incentive plan for senior executives

27 August 2021

The three senior executives at DWF – the only law firm listed on the main stock exchange – have been awarded 1.5m shares subject to the firm meeting certain performance targets by 2024.


Mishcon is third UK law firm to achieve B Corp status

25 August 2021

Mishcon de Reya has become only the third UK law firm to gain ‘B Corporation’ certification to show it balances purpose with profit. It has changed its LLP agreement to reflect this.


Pregnant S&G assistant fired for offensive Facebook posts

9 August 2021

Slater & Gordon dismissed a legal assistant over offensive Facebook posts on Muslims and Jimmy Savile, and not because she was pregnant, an employment tribunal has found.


BigLaw business model “not sustainable”, says Mayson

6 August 2021

The business model pioneered by large law firms but now adopted by many smaller ones too is not sustainable, Professor Stephen Mayson has argued.

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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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