Market monitor

PI firms merge to take on 2020 reform upheaval

22 February 2019

Personal injury firms in Sheffield and Macclesfield have merged and created a new alternative business structure as they bid to ride out the upheaval of next year’s reforms.

“Time for quotas” to boost ranks of women partners

20 February 2019

It is time to impose quotas on law firms for the number of women at both equity partner and management level as “years of talking” about diversity have failed to drive sufficient change.

‘New Law’ pioneer Axiom set to float

20 February 2019

Leading alternative legal services provider Axiom Law is set to list on the New York Stock Exchange in what could prove the most significant move in the so-called ‘New Law’ market to date.

London firm cultivating groundbreaking cannabis law practice

18 February 2019

A London law firm is building what it says is the country’s first dedicated cannabis law practice as it looks to take the lead in a fast-growing market.

Construction business becomes ABS to reduce client confusion

15 February 2019

A multi-disciplinary construction business has become an alternative business structure, in part to reduce confusion among clients and also offer a one-stop shop.

£3.5m legal spend on London’s Garden Bridge detailed

14 February 2019

Lawyers were paid £3.5m on the project to build a garden bridge across the River Thames in London, which was abandoned before it was built, a full breakdown of spend has shown.

“Far removed from fat cats” – High Court praises lawyers

13 February 2019

Lawyers acting pro bono in a complex family law case countered the stereotyped image of ‘fat cats’, a High Court judge has said in praising their “commitment to the delivery of justice”.

Falling budget sparks Law Commission independence concern

11 February 2019

The Law Commission’s funding model is to be reviewed to address concerns about a lack of independence from government, following a review of its operations.

DWF to raise £75m from groundbreaking listing

8 February 2019

DWF will raise around £75m from listing on the London Stock Exchange, the firm said today as it announced its plan to float in March and confirmed that it had received a positive reaction from investors.

Gauke: Innovation and tech the way forward on legal aid

8 February 2019

The justice secretary said yesterday that innovation and technology, rather than significant increases in legal aid spending, are the way to improve access to justice.

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21 February 2019

The art of being honestly dishonest

The concept of dishonesty within the legal profession has always struck me as particularly inflexible. This is not without good reason, as it is a foundation of our profession that no solicitor should ever act dishonestly.

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