Practice Management
Broadfield model delivers international growth in first year
Broadfield – the new international law firm supported by a global management consultancy – has achieved a lot in its first year but there is much more to do, according to its UK managing partner.
ILCA: Law firms will look to hold money outside of client accounts
An Interest on Lawyers’ Client Account scheme will likely push law firms to hold more client money outside of a client account, to the detriment of consumer protection.
LawCare busier than ever in “uncertain and demanding times”
The current “uncertain and demanding times” are reflected in the record number of lawyers receiving emotional support from legal mental health charity LawCare.
AI to create “dividing line between innovative and conservative firms”
Artificial intelligence will create a “huge dividing line” between innovative and conservative law firms, the founder of a Sussex litigation practice has predicted.
PE-backed law firm takes over top insurance company’s ABS
Private equity-backed HF has acquired most of the assets of the alternative business structure owned by global insurance services firm Crawford & Company.
Lawyers worried about impact of AI on training next generation
The profession is worried about how junior lawyers will develop fundamental legal skills in the age of artificial intelligence, new research has found.
Community interest company uses AI to support immigration work
A community interest company is using artificial intelligence to help it provide pro bono advice to people seeking global talent visas to come to the UK.
Majority of mid-sized law firms “have been approached by PE”
Seven in 10 of mid-sized law firms have been contacted in the last year by a private equity investor or PE-backed law firm about acquisition, according to new research.
Criminal law firm to launch AI accreditation scheme
A criminal law firm in Manchester is turning its attention to artificial intelligence (AI) after 29 of its lawyers successfully obtained a client-care accreditation it created.
National litigation practice bought by private equity house
A national practice best known for its credit hire work has become the latest addition to the ranks of law firms owned by private equity.
Blog
Is your Google Ads budget funding your competitors’ AI visibility?
If your cost-per-click has crept up again this year, you’ve probably assumed the market simply got more expensive. That’s the wrong way to read what’s happening.
Containing the spread of unapproved AI
Nearly 60% of fee-earners admit to using unapproved tools (like free versions of ChatGPT). Yet 68% of firm leaders are confident there is zero risk of unapproved AI being used for client work.
When AI adoption goes wrong, costs add up fast
City AM recently reported that London is fighting to claim the title of ‘global capital of legal AI’. However, it’s crucial we remember that adoption alone does not create value.
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