Practice Management
Law firms and chambers told to up their game on diversity or face “nuclear” option of quotas
Law firms and chambers need to accelerate the increase in workforce diversity if they are to ward off the “nuclear” option of quotas being imposed, the Black Solicitors Network (BSN) has warned.
“Beyond comprehension” why struggling law firm failed to make HMRC arrangement
A tribunal judge has described as “beyond comprehension” the failure of a financially struggling law firm to make special arrangements with HMRC under the ‘time to pay’ scheme.
Government plugs hole in inducement ban by stopping solicitors using third parties
The government has secured an amendment to the Criminal Justice and Courts Bill banning inducements for personal injury claims offered by unregulated third parties linked to law firms.
SRA’s competence statement wins high marks from solicitors
Solicitors, consumers and businesses who took part in research for the Solicitors Regulation Authority have given high marks to a draft competence statement, which aims to define the standards needed to enter and remain in the profession.
Average big firm PEP tops £1m but fee income per hour falls
Average profit per equity partner (PEP) for the top 10 law firms has exceeded £1m for first time since 2008, reaching £1.03m, while they also recorded a record average profit margin of 40%, PwC has reported.
Rating and review website recruits 1,300 solicitors
Over 1,300 solicitors – from small practices to some of the biggest in the City – have joined rating and review website VouchedFor, and 1,100 client reviews have already been posted, the company has said.
Nearly half of law firms secured cheaper indemnity cover, survey suggests
Nearly half of law firms – 47% – secured cheaper indemnity insurance this year, a survey has suggested. Half of these obtained “significant” reductions. It also indicated a move by firms from unrated to rated insurers.
Leading law firms failing to move with the times online, website study finds
The websites of leading law firms are failing to take advantage of consumers’ changing habits, a new study has claimed. The ‘white video’ issued by digital marketing agency mmadigital reported that 56% of the top 200 law firms do not have a mobile responsive website.
Law Society invests £5m+ in online conveyancing project
The Law Society has invested over £5m in a new online conveyancing system, to be launched next spring, which aims to revolutionise the home-buying process.
Knowledge more important than price for law firms choosing IT suppliers
Specialist knowledge and expertise are more important than price or consistency of delivery for law firms choosing an IT supplier, research has found.












