Practice Management


PII market “only getting harder” after 17% premium increase

23 November 2020

The market for professional indemnity insurance is likely to continue to worsen but future premium rises should not be at the average of 17% seen this autumn, a leading broker has predicted.


Leading firm eyes rapid growth by building “house of brands”

17 November 2020

Midlands-based law firm Shakespeare Martineau has outlined a strategy to attract mergers, acquisitions and hires to a “house of brands” and double in size by 2023.


Law firm and union in war of words over dress code leak

13 November 2020

The family law firm that made national news recently after details of its dress code were leaked has secured an order to prevent a former employee from disclosing further information.


SRA: Most firms secured insurance but mergers on the rise

11 November 2020

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.


Leading firm considers ‘blind’ work allocation scheme

5 November 2020

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.


Ex-DWF boss becomes ABS’s chair as he launches new venture

3 November 2020

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 “must showcase how they make the world better”

27 October 2020

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.


Mergers increasingly based on net assets in absence of goodwill

27 October 2020

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.


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.

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Blog


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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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