Practice Management


“Troubling inequality” persists for BAME consumers of legal services

19 January 2021

A “troubling inequality” between BAME and White British consumers in the way they access legal services has changed little in the five years since it raised the issue, the consumer panel has found.


Commercial firm aims to create “biggest in-house chambers”

14 January 2021

Leading commercial firm DAC Beachcroft has launched an “in-house chambers” which plans to expand rapidly and become “the biggest of its kind” by end of the year.


From M&A to Malta: New Year brings host of law firm growth strategies

14 January 2021

The year has kicked off with a spate of law firm expansion activity, whether through mergers, huge team hires, file acquisitions or one Essex law firm maintaining EU links by opening in Malta.


Difficult year for Law PLC, with most firms seeing share prices dive

4 January 2021

Acquisitive regional practice Knights was the only listed law firm to defy the Covid gloom and end 2020 with its share price higher than where it began, a Legal Futures analysis has shown.


Firm sues former lawyers for causing its financial failure

23 December 2020

A claim by a law firm owner who alleges that the departure of four lawyers to another practice caused his firm’s administration has come out into the open in the High Court.


Law firm leaders expecting market consolidation in 2021

10 December 2020

There are “high expectations” among law firm leaders of consolidation in the legal services market during 2021 and beyond, research has found – although there is often little strategy behind deals.


3,000 law firms “could be forced to close or merge”

8 December 2020

As many as 3,000 law firms could be forced to close or merge over the next few years after the conveyancing bubble bursts and the recession really kicks in, a leading law firm consultant has warned.


Small firm solicitors’ wellbeing worsening as homeworking stretches on

7 December 2020

Homeworking has led to many solicitors at small firms experiencing feelings of isolation and lack of motivation – but also most want it to continue in some form post-Covid, a survey has found.


The Unilever of law? Shakespeare Martineau’s big ambitions

27 November 2020

Shakespeare Martineau has outlined its ambition to be a top 30 law firm by 2025 as it rolls out its unique new ‘house of brands’ strategy, with “crowdfunding” staff investment one possible way to raise finance.


Report questions equality initiatives that “set women apart”

24 November 2020

Some of the measures used by law firms to tackle a lack of gender diversity in senior roles could be “ineffective or even counter-productive”, a report has found.

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Blog


Why upfront information could transform home buying

The success of upfront property information will depend on more than simply making the information available.


AI risk: What law firms must now demand from vendors

AI systems ingest, transform, infer and generate. Treating them as equivalent to document storage or workflow tools is a category error.


Why mid-sized firms are the most interesting story in UK legal right now

Mid-sized law firms are facing a set of decisions about structure, technology and growth that will define where they sit in the market for the next decade.


Reports


Report Cover
The report draws on discussions from the Legal Futures Law Firm Growth Summit and explores the different routes mid-market firms are taking to achieve sustainable growth.

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