Market monitor


Ince Group values brand at £17m as turnover soars

4 August 2020

Listed law firm Ince Group has had its brand valued at £17m, it announced yesterday as it unveiled turnover up 87% to £98.5m, reflecting the full impact of the acquisition of Ince & Co.


MPs fear firms, chambers and law centres collapsing

3 August 2020

MPs have expressed concern that law firms, chambers and law centres may collapse because of the impact of Covid-19, and that lawyers from BAME and state-school backgrounds will be badly hit.


TV personalities withdraw libel claim against barrister

30 July 2020

TV personalities Rachel Riley and Tracy-Ann Oberman have withdrawn their defamation claim against a London barrister who retweeted an article about them.


Solicitors bullish about future but doubtful about clients’ prospects

29 July 2020

Solicitors are generally bullish about the future, despite nearly one in four believing Covid-19 will harm their clients’ prospects and many predicting lower demand for legal services.


Now MP targets Herbert Smith over Post Office work

28 July 2020

An MP has urged select committees to investigate the role of law firms – and in particular Herbert Smith Freehills – in helping client companies accused of wrongdoing set up compensation schemes.


Circuit poll: Barristers set to quit if court hours are extended

27 July 2020

Some 55% barristers would consider leaving the Bar if the courts adopt extended operating hours and they could set back female barristers’ progress by 50 years, research has found.


“Sharing the wealth” – Firm donates all profits to charity

24 July 2020

Corporate law firm Aria Grace Law has pledged to give all of its profits to charity and other good causes forever as part of a commitment to “share the wealth between clients, lawyers and society”.


“Our goodwill has run dry” – hundreds to refuse out-of-hours hearings

24 July 2020

Hundreds of crime lawyers have issued public refusals to attend hearings in evenings or at weekends as new figures show that backlogs in courts and tribunals were growing even before the coronavirus.


Portal offers fixed-fee barristers to handle small claims

22 July 2020

A service offering direct access barristers to handle all the stages of a small claim – including whiplash cases from next year – for a fixed fee of £999 has gone live.


Listed firm eyes recruitment and acquisition boost from Covid

22 July 2020

The Covid-19 pandemic should “accentuate the pipeline of recruitment and acquisition opportunities” for fast-growing listed law firm Knights, it said today.


Demand for legal services to surge after pandemic

22 July 2020

The end of the coronavirus pandemic will be followed by a “massive increase” in demand for legal services, the president of the Law Society has predicted.


Legal aid minister under fire from practitioners

21 July 2020

Criminal lawyers took their fight for government support direct to a justice minister yesterday, haranguing him mercilessly at an online meeting and complaining that barristers were operating on “fumes”.


MoJ unveils locations of first 10 ‘Nightingale courts’

20 July 2020

Middlesbrough Town Hall, the Knights’ Chamber within the grounds of Peterborough Cathedral, and the Ministry of Justice’s HQ in London are among the venues of the first ‘Nightingale courts’.


Law firms coming out of lockdown “in fighting mood”

16 July 2020

Law firms “acted quickly, made sound business decisions, and put cash first” in their response to Covid-19 and are now “coming out fighting”, according to new research.


Lessons of Covid “making for better in-house lawyers”

16 July 2020

Covid-19 has taught in-house lawyers about the importance of being trusted advisers, using technology for low-risk work, and making data-driven decisions, according to a new report.

Page 1 of 122 Page 2 →

Blog


BSB entities offer positive future for the Bar
3 August 2020

The chambers of the 17,000 or so practising barristers in England and Wales face, arguably, their greatest time of challenge and controversy since advocates first took up arms in the early 13th century.


My lockdown legacy – what will yours be?
30 July 2020

As we go back to work, we will not – and should not – forget the lessons we learnt during lockdown. I really hope that we drive change as a result and create a positive legacy for our industry.


Reports


Report Cover
Our latest special report, produced in association with Temple Legal Protection, looks at the role of after-the-event (ATE) insurance in commercial litigation post-LASPO. We are at a time when insurers, solicitors, clients and litigation funders work ever more closely to create funding packages that work for all of them, with conditional fee and even damages-based agreements now part of many law firms’ armoury.