Practice Management


M&A round-up: Taylor Rose MW eyes North-West expansion after deal

2 July 2021

Leading consumer law firm Taylor Rose MW is targeting “significant” expansion in the North-West of England after acquiring Warrington practice FDR Law, as we round up a slew of recent M&A activity.


Office attendance limit “will avoid new type of presenteeism”

21 June 2021

A global law firm’s post-pandemic plan to compulsorily limit office attendance will stop women working remotely suffering from present colleagues receiving better assignments.


Top firms “need to get clients paying faster” to prepare for next crisis

14 June 2021

The top 50 law firms had nearly £6bn of unpaid client invoices on their balance sheets last year and would be better prepared for another crisis like Covid if they reduced this, an analysis has argued.


Law firm mergers “not a time for consensus”

11 June 2021

Mergers of law firms are “not a time for consensus because decisions must be made” and the fact partners may have to cede control “must be debated and not hidden”, a report has warned.


Law firms faced major premium rises in spring PII renewal season

7 June 2021

The spring renewal season saw law firms pay a lot more for their PII, with the surge in conveyancing work a concern and contentious probate an increasing problem.


Pandemic has “undermined cohesiveness” of firms, lawyers say

2 June 2021

Nearly half of lawyers believe that working remotely during the pandemic has damaged the cohesiveness of their firms, a global study has found.


“Startling” – SME firms saw profits per partner rise during lockdown

25 May 2021

A 6% increase in profits per partner recorded by small and medium-sized law firms in the first six months of the pandemic was a “startling outcome”, according to a report.


Largely positive response to office return, law firm bosses report

19 May 2021

The boss of a Cheshire law firm has said the “constant theme” of recent appraisals is that “people want to come back to the office”, with another saying his firm has reversed plans to downsize its office.


Remote negotiations “speeding up law firm mergers”

19 May 2021

Remote communication during Covid has sped up law firm mergers, rather than acting as a hindrance, according to the chairman of the Association of Law Firm Merger Advisers.


High Court upholds judgment on law firms’ unpaid fees

18 May 2021

The High Court has rejected a challenge to a judgment in default obtained by two law firms whose retainers were terminated by a Swiss company, which then failed to pay them £500,000 in fees combined.

← Older posts Page 51 of 61 Newer posts →

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.


Loading animation