Market monitor

Moving home using just an app comes a step closer

6 December 2019

A start-up aiming to give home buyers access to all the information on their move via an app is set to launch a pilot with several leading software providers – and through them law firms.

“Ageism” of virtual law firms not being confronted

6 December 2019

The “ageism” of new-breed ‘virtual’ law firms, with their focus on senior lawyers at the expense of younger ones, has not been confronted, an analysis has argued.

Exclusive: “Impossible” for insurers to meet whiplash deadline

3 December 2019

A “growing number of insurers” believe there will not be enough time for them to prepare properly for launch of the whiplash portal in April 2020, the new head of FOIL has warned. One said it was “impossible”.

City firms circling Irish counterparts for EU foothold

3 December 2019

Most of the large Irish law firms have been approached about a merger with a UK counterpart in the past year as City firms look to establish a foothold in the post-Brexit EU, it has emerged.

Investors “eager to back law firms”

2 December 2019

Investors are poised to buy into the legal services sector to capitalise on recent regulatory changes, with corporatised law firms best placed to benefit, according to an expert in external investment.

Exclusive: Consumer law consolidator eyes public listing

29 November 2019

Metamorph Law, which has bought eight law firms in the past three years, is planning to list on the stock market in 12-18 months – the first move of its kind for a UK consumer law firm.

Ince eyes opportunities from new SRA rules

28 November 2019

Listed law firm Ince Group is examining how it could take advantage of the new rules allowing solicitors to practise from unregulated businesses, it said today as it announced strong half-year results.

Four in ten claimants would use whiplash portal

27 November 2019

A minority of personal injury claimants, 43%, would be willing to use the government’s new portal for road traffic accident claims worth up to £5,000, a report has found.

Private investor helps fund litigation boutique launch

26 November 2019

A private investor has provided £1m in start-up funding for a Liverpool litigation boutique and alternative business structure specialising in complex and high-value commercial cases.

Time’s up on big law firm model, says Dentons

22 November 2019

The traditional big law firm model is “backward looking” and the Big Four accountants pose “a seismic competitive change to practices of all types, sizes and locations”, Dentons has warned.

Tribunal ups fine imposed on PI marketing company

22 November 2019

A tribunal has increased an £80,000 fine meted out to a telemarketing company found to have made personal injury claims calls to people signed up to the Telephone Preference Service.

Labour makes limited pledge on PI reform rollback

21 November 2019

The Labour Party’s election manifesto, launched today, suggests the party is only going to roll back one element of the planned personal injury reforms if it forms the next government.

“Mixed messages” from consumers on online conveyancing

19 November 2019

Only 19% of home buyers use online conveyancers, despite the dominance of online searches as a way of finding property, new research has found.

DWF forecasts double-digit revenue rise

18 November 2019

Listed law firm DWF will report revenue growth of “not less than 10%” for the last six months, it told investors today, sending its share price to a new high.

Co-operative Legal Services sees turnover and profit soar

15 November 2019

Co-operative Legal Services has recorded a 29% increase in turnover in its last financial year as it consolidates its position as the country’s largest probate provider.

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6 December 2019

Still running Windows 7? Cyber-criminals are on your trail

When the end-of-life date arrives, it is estimated thone in four PCs will still be running Windows 7. This figure will be higher in industries slower to embrace IT developments – legal is likely to be amongst those.

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