Practice Management


Large firms failing to optimise social media in hot recruitment market

7 February 2022

Large law firms are failing to make the best use of LinkedIn as a recruitment tool amid a hot market, with the top 100 firms often receiving no applicants as they fail to sell the roles effectively.


Diversity questions make up 20% of marks in panel tender

3 February 2022

Clients are ratcheting up the pressure on law firms to improve their diversity, with applicants for the panel of the Pension Protection Fund the latest to have to prove their credentials.


Multi-disciplinary network strikes third UK deal with BSB-regulated firm

27 January 2022

International professional services group ETL Global has inked its third law firm deal in England by taking a stake in a specialist investment fraud practice, amid a flurry of law firm M&A.


Law firms eye M&A as route to private equity or listing

24 January 2022

Nearly half of law firms are considering mergers and acquisitions, with a surprising number looking to grow in a bid to attract private equity investment or to go public, according to new research.


City firm launches domestic abuse support service for staff

20 January 2022

City practice Fieldfisher has launched a domestic abuse support service for staff, alongside more general awareness training to help people spot the signs that a colleague may be a victim of it.


Employee ownership “best way to deal with succession”, says Yorkshire firm

13 January 2022

A Yorkshire law firm with over 230 staff and 20 salaried partners has become 100% employee-owned after its three owners decided it was the best way to deal with succession.


Record year for City partner recruitment in 2021

5 January 2022

Last year was a record one for partner hires by City law firms, with the “legal boom” also triggering an associate salary war, legal recruitment consultants have reported.


Seven in ten legal sector workers suffer from poor mental health

21 December 2021

Seven out of ten legal sector workers (69%) describe themselves as suffering from poor mental health, with their union saying it showed a “crisis” in the law.


Microsoft offers financial bonus to firms that meet its diversity targets

20 December 2021

Law firms instructed by Microsoft will be eligible for a bonus of up to 3% of their annual fees next year if they meet the diversity targets set by the technology behemoth.


Start-up enables general counsel to compare law firms on ESG

16 December 2021

A start-up launched by two former general counsel at Zurich Insurance Group has created a tool to help in-house lawyers compare the performance of law firms in addressing ESG issues.

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Blog


Why upfront information could transform the home buying

The success of upfront property information will depend on more than simply making the information available.


AI risk: What law firms must now demand from vendors

AI systems ingest, transform, infer and generate. Treating them as equivalent to document storage or workflow tools is a category error.


Why mid-sized firms are the most interesting story in UK legal right now

Mid-sized law firms are facing a set of decisions about structure, technology and growth that will define where they sit in the market for the next decade.


Reports


Report Cover
The report draws on discussions from the Legal Futures Law Firm Growth Summit and explores the different routes mid-market firms are taking to achieve sustainable growth.

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