Market intelligence for law firms of the future
Market monitor
Asylum and detention specialist sets up BSB firm and law student project
A barrister whose charity, regulated as a law firm by the Bar Standards Board (BSB), was dissolved at the end of last year due to funding problems, has set up both a conventional BSB firm and a pioneering university law project to help immigration detainees.
October 17th, 2017
‘Social enterprise’ ABS set to merge with London councils’ joint legal team
LGSS Law, the ‘social enterprise’ alternative business structure owned by three local authorities, is set expand dramatically by merging with the shared legal team of Westminster City Council and the Royal Borough of Kensington & Chelsea. The two councils envisaged costs savings through less use of external lawyers and bringing in additional income.
October 17th, 2017
PwC: New business structures and capital will allow big law firms to deliver “fundamental change”
“Fundamental market change is on the horizon” for the largest law firms in the country, with the possibilities of technology the driving factor and new business structures and external capital needed to accommodate them, the annual law firm report by PwC has concluded.
October 16th, 2017
Second ABS for National Accident Helpline after deal with national law firm
NAHL, the marketing business that owns National Accident Helpline, has created its second alternative business structure (ABS) licence in partnership with national law firm Lyons Davidson. The ABS will trade under the name National Law Partners and it is expected to begin operating in November 2017.
October 13th, 2017
ABS consolidator unveils fourth and largest deal of 2017
Metamorph Law, the alternative business structure looking to consolidate small law firms, has made a south-west conveyancing law firm its fourth and biggest acquisition of the year so far. It has taken over BPL Solicitors, a firm with revenues in excess of £5m and staff of around 100, based in offices in Dorchester, Bristol and Bournemouth.
October 13th, 2017
LegalZoom ABS set to turn £2m loss into profit after major investment
Beaumont ABS – the alternative business structure owned by US giant LegalZoom – has said it is heading towards a “sizeable” profit next year after its first accounts showed a £2.1m loss. This was due to a significant and planned-for investment after it bought Wakefield law firm Beaumont Legal in early 2016 for £6.4m.
October 12th, 2017
When the Shine wears off – listed law firm faces shareholder class action
Shine Lawyers, the personal injury law firm that followed Slater & Gordon into listing on the Australian Stock Exchange, now finds itself on the receiving end of a shareholder class action, just like Slater & Gordon. The A$250m (£149m) action alleges that Shine misled investors in a series of representations it made to the market.
October 6th, 2017
ABS round-up: Riverview breaks new ground by schooling trainees in technology, and much more
Riverview Law has become the first law firm to offer its trainee solicitors a six-month seat in technology services, having obtained approval from the Solicitors Regulation Authority. We also have news from ABSs Co-operative Legal Services, Express Solicitors, Keoghs, gunnercooke, Gateley and Astute Dynamic – with diversification a notable theme.
October 5th, 2017
Commercial lawyers decamp en masse from Slater & Gordon to BLM
A team of 11 partners and 22 other commercial lawyers has left troubled Slater & Gordon for BLM as it looks to expand further beyond its core insurance law specialism. Meanwhile, a group of internal shareholders at AIM-listed law firm Gateley have sold £10m worth of shares.
October 2nd, 2017
Small claims expert: personal injury tariff scheme would force me to leave market
David Bott, whose law firm has led the way in handling huge numbers of low-value flight delay compensation claims, said last week the government’s planned tariff scheme for personal injury cases would force him out of the market even if he adopted the same approach for them.
September 28th, 2017
 |
Associate News
Chambers and Partners list us in 2017 HNW Guide
Mincoffs Solicitors select full Liberate software suite from Linetime
Eversheds Sutherland Selects Cloud-based Lexis® InterAction® Business Edge to Support Focused Business Development Efforts for Growth of Newly Merged Firm
FCA regulation for litigation funders – it should be the law
Leading Legal 500 law guide recognises Hudgell Solicitors as ‘excellent firm’ which prides itself on its ‘more personal touch’
ATE insurance in action – successful £5m professional negligence judgment for ‘Giambrone’ claimants
Understanding Financial Services Matters
