Market monitor

Nokia to score panel firms quarterly on equality, inclusion and diversity

12 May 2021

Two City practices are in the first group of panel law firms used by telecoms giant Nokia to undergo a new assessment of their progress on equality, inclusion and diversity.

Solicitor sells HR software company to PE-backed healthcare business

10 May 2021

A solicitor who sold his stake in the law firm he co-founded to focus on a HR software company set up at the same time has now sold the IT business.

Lawyers and students flock to help free legal advice CIC

9 May 2021

A community interest company set up to offer free legal advice to those unable to pay for it and not eligible for legal aid has increased the number of its volunteers from nine to 50 during the pandemic.

Latest deal for law firm consolidator as M&A rumbles on

6 May 2021

Law firm consolidator Metamorph Group has unveiled its latest acquisition, as we round up the latest M&A news and report on a major new international force launched in France and Germany.

Global network targets London with second UK law firm acquisition

5 May 2021

International professional services group ETL Global has acquired 30-partner London firm Laytons for its network, doubling its legal footprint in the UK with further acquisitions to come.

Investors back start-up that turns collaborating lawyers into virtual firm

5 May 2021

A lawtech start-up has far exceeded its target to raise funding of £120,000 for software that links lawyers who know each other so they can collaborate remotely and compete with large firms.

Immigration and civil litigation hit hardest by Covid-19

5 May 2021

Immigration and civil litigation were the two areas of legal practice hit hardest by the pandemic last year, with private client and family law “insulated” from the impact, new research has found.

Knights enters Sheffield in deal number 13 for listed consolidator

4 May 2021

Knights is to acquire Sheffield practice Keebles for £11.6m, the 13th acquisition the consolidator has managed in less than three years as a listed business.

Keystone boss untroubled by competition from US

30 April 2021

The boss of Keystone Law has said he is “untroubled” by the ambitions of other law firms that openly want to compete with the listed business as it announced rising turnover and profit for 2020/21.

CMC numbers continue to fall as whiplash regulation clear latest hurdle

29 April 2021

The number of claims management companies continues to fall year on year and has dropped 80% over the past decade, new figures have shown.

CEO who “ran for the hills” loses appeal over failed unfair dismissal claim

29 April 2021

A well-known law firm did not fire its chief executive because he made protected disclosures about financial problems that were discovered at the practice, the Employment Appeal Tribunal has ruled.

Mishcon de Reya confirms plan to list on main stock exchange

28 April 2021

Partners at London law firm Mishcon de Reya have voted to explore a premium listing on the London Stock Exchange later this year, it announced today.

Firm discriminated against partner suffering mental health problems

28 April 2021

A former equity partner at Freeths has won a disability discrimination claim over the way the leading midlands law firm treated him after he was diagnosed with mental health problems.

Law firms to offer upfront conveyancing transaction packs

28 April 2021

A national panel of law firms is being created to allow estate agents and members of the public to find conveyancers prepared to provide buyers with upfront property transaction packs.

Three-quarters of law firms furloughed staff, survey finds

28 April 2021

Three-quarters of law firms furloughed fee-earners last year and 84% support staff, a Law Society survey has found. Some 15% were forced to negotiate ‘time to pay’ arrangements with HMRC.

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You win some, you lose some – class actions post Google

In November, Google received two court rulings, through which it both closed and opened the door to class actions against it. So what do the decisions mean for future class actions?

Clinical negligence, a changing market – part 1

The consolidation of law firms through merger and acquisition has resulted in fewer, but more sophisticated and expert clinical negligence practices.

How to set your law firm up for success in 2022

At this time of year, law firms around the country are busy strategising and implementing plans for the coming 12 months. Forward-planning is a crucial part of a firm’s success, but where to start?