Practice Management

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.

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

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.

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 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.

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.

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

Family lawyers should scrap billing targets and develop a new business model, a senior practitioner has said, while criticising the failure to continue pushing collaborative law.

A litigation PA who worked for a Kent law firm for 25 years has won her claim for constructive unfair dismissal over the “thoughtless and high-handed” way it moved her to the conveyancing department.