Practice Management


Female lawyers anxious over disproportionate impact of Covid

23 October 2020

Almost a quarter of women in the profession have not seen their incomes return to pre-Covid levels with one in five still on less than their previous working hours, a survey has found.


Top PI firms reveal mixed profits as another hits TV to build brand

22 October 2020

Two leading personal injury law firms have recorded contrasting results that take lockdown into account, while Minster Law has launched its first national TV advert to promote its PI work.


Law firm loses appeal against penalty for late tax payment

21 October 2020

A law firm has lost an appeal against a penalty imposed by HM Revenue & Customs for the late payment of tax under PAYE, with the tribunal saying it should have posted the cheque in good time.


“Don’t drain law firms of Black talent”, GCs told

19 October 2020

General counsel have become so insistent in demanding that law firms give them Black candidates for secondments and legal work that they are in danger of draining them of Black talent.


Exclusive: Keystone investor eyes next legal opportunity

16 October 2020

The private equity investor who set Keystone Law on the road to listing is on the look-out for a new legal venture – but is not interested in traditional law firm partnerships.


Exclusive: High street consolidator buys three more firms

13 October 2020

Echelon Law, an alternative business structure which specialises in buying small high street law firms with succession problems, is set to acquire three more, Legal Futures can report.


Employee ownership move like “rocket fuel”, says firm

8 October 2020

A niche law firm which advises on employee share ownership and executive pay has become the latest to convert to an employee ownership trust.


Race equality and inclusion in law firms “totally achievable”

8 October 2020

Bonuses for managers could be made contingent on improvements in social mobility and the representation of minority ethnic people in law firms, it was suggested yesterday.


Bar Council: Positive action like ‘preferential briefing’ can aid diversity

7 October 2020

Positive action – such as giving female barristers preferential access to briefs after returning to chambers from career breaks – can help address diversity problems, the Bar Council says.


More mergers mark start of new insurance year

6 October 2020

A host of mergers and acquisitions have been announced now that the 1 October deadline that most firms still stick to for their insurance renewal has passed, following a series unveiled last month.

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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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