Practice Management

This year’s indemnity insurance renewal season has not been as bad as some had predicted, but there has been an uptick in mergers and acquisitions, the SRA has revealed.

A national law firm is considering the use of a ‘blind’ work allocation scheme to ensure the decisions it makes about how to distribute work are free from bias on the grounds of factors such as gender.

The former chief executive of DWF has re-emerged as non-executive chair of flexible lawyer business The Legal Director and announced the creation of his own ‘digital law firm’.

Law firms wanting to recruit the best young lawyers must showcase how they make “the world a better place”, a report on the post-pandemic legal services landscape has said.

Law firm mergers and acquisitions are increasingly based on net assets rather than a multiple of income or profits, as many do not have any inherent goodwill, an adviser has said.

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.

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.

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.

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.

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.