Legal Services Act

Global investments in legal technology companies are nearing a record £1bn this year, with the £44m raised by London-based ContractPodAI the largest in the UK, a new analysis has revealed.

Amazon has launched a “curated network” of intellectual property law firms to provide trade mark registration services to SMEs, which it plans to roll out internationally.

A niche employment firm launched in Birmingham is combining HR consultants and lawyers to cut the fees it charges SMEs. Its founder said some HR consultants were “more than a match” for lawyers.

There are nearly three times as many solicitors now than there were 30 years ago, but the profession’s growth has slowed significantly over the past decade, new figures have shown.

MPs and campaigners are wrong to say that the Ministry of Justice’s budget has fallen by 40% since 2010, new justice minister Chris Philp said last week.

The economic benefits of legal aid outweigh the costs and public funding can bring significant advantages, a detailed global analysis conducted jointly by the World Bank and International Bar Association has found.

The Legal Ombudsman could start publishing its full decisions, as well as annual reviews of the most complained-about lawyers and firms, to improve the quality of information it makes available.

A cash flow crisis that led to payments to its consultants being withheld and they then leaving as a result caused the collapse of new-model law firm Cubism Law, it has emerged.

There has been a surge of law firm mergers and acquisitions in recent weeks, as is usual at this time of the year when most still renew their professional indemnity insurance.

There has been a sharp rise in the number of complaints made about the Legal Ombudsman, its service complaint adjudicator has reported – and it is not clear why.

The Ministry of Justice official heading whiplash reform programme has maintained that April 2020 remains the goal, but said minister Lord Keen wants “to get this right and not rush it”.

City firm Rosenblatt has the highest revenue per fee-earner of any of the listed law firms, it told investors yesterday. The analysis came as the firm unveiled strong results for the first half of 2019.

HM Land Registry has not met its target to reduce the number of requests for information that it has to send to law firms that have submitted incomplete or inaccurate information.

Almost two-thirds of divorce and separation clients now pay fixed fees, but less than half of them end up paying the price quoted at the start, a report has found.

Investors have still to understand the legal market fully, according to the chief executive of listed law firm Keystone, which suffered market contagion last month because of problems at a litigation funder.