Practice Management
Leading firm eyes rapid growth by building “house of brands”
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
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
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
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
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”
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
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
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
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
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.
Blog
Why law firms are getting AI supervision wrong
The profession’s response to AI supervision failures misunderstands the nature of LLM output – there needs to be for a shift in the culture.
Beyond the PII premium – rethinking risk
Professional indemnity insurance renewal is often treated as an annual pricing exercise. But it is also a chance to show how effectively you identify, manage and mitigate risk.
The AI governance gap in law firms and why it matters now
A third of law firms are already using AI tools with no formal policy in place to govern how AI gets used, what data goes into it, or who’s accountable when something goes wrong.
Reports
Associates
