Practice Management
“Sharing the wealth” – Firm donates all profits to charity
Corporate law firm Aria Grace Law has pledged to give all of its profits to charity and other good causes forever as part of a commitment to “share the wealth between clients, lawyers and society”.
Legal sector “must be bold and embrace disruptive tech”
Law firms need to have the courage to employ diverse and even abrasive characters who help disrupt the legal sector and ensure it does not fall behind other industries.
Are you live-chatting with your clients?
For legal firms striving to stand out in a digital age, live chat helps to bring them closer to clients and respond to the changing way people shop and procure legal services.
Listed firm eyes recruitment and acquisition boost from Covid
The Covid-19 pandemic should “accentuate the pipeline of recruitment and acquisition opportunities” for fast-growing listed law firm Knights, it said today.
Double acquisition creates new big player in legal IT
Hugely acquisitive IT company the Access Group has blown into the legal market by adding DPS Software to its purchase last month of Eclipse Legal Systems, with more deals to come.
Law firms coming out of lockdown “in fighting mood”
Law firms “acted quickly, made sound business decisions, and put cash first” in their response to Covid-19 and are now “coming out fighting”, according to new research.
Legal Ombudsman delays creep up again
The waiting time for the Legal Ombudsman simply to start considering a complaint has nearly halved over the past year but it was still 90 days before the pandemic struck.
Listed law firms post bullish trading updates
Two listed law firms yesterday issued bullish trading updates, with DWF announcing rising revenues alongside cuts, and Rosenblatt a 38% rise in revenues for the first six months of the year. DWF, the world’s largest listed law firm, has been… Read More
Freshfields: Covid has “accelerated” innovation culture change
The demands of working under Covid-19 has led to an accelerated culture change at Freshfields Bruckhaus Deringer, with lawyers much more willing to adopt tech solutions rapidly.
Medium-sized law firms “the most innovative”
Medium-sized law firms are more innovative than other firms, and are becoming more specialised, with mergers and acqusitions set to accelerate that trend, a report has predicted.
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.
