Practice Management


Natwest survey: confidence and profits rise but firms must "spend more to make more"

27 March 2014

Profits were up last year and confidence is buoyant for the coming year among small and medium-sized law firms, according to a major benchmarking survey. Nine out of 10 firms surveyed thought profits would increase during 2014.


Linder Myers refinancing avoids administration

26 March 2014

Manchester firm Linder Myers has avoided administration by completing a deal which will see the firm refinance its debts and appoint a chief executive to lead the practice.


Judge cites Karl Marx in rejecting law firm’s bid to exit professional indemnity scheme

25 March 2014

A global law firm has been knocked back by a judge quoting Karl Marx, after seeking a waiver from the Isle of Man Law Society’s indemnity insurance requirements.


Online barrister service seeks crowdfunding to back major expansion plans

24 March 2014

A website that connects the public directly with barristers is the latest legal business to seek crowdfunding after it launched a bid to raise £150,000 in expansion capital. The site, myBarrister, wants to sign up 1,000 barristers by the end of the year.


Pioneering online dispute resolution service launches divorce package

21 March 2014

A groundbreaking online dispute resolution (ODR) service is gearing up for live trials of its expanded 2.0 version, which will initially offer an end-to-end legal support package for divorcing couples.


Osborne extinguishes any lingering hopes of LLP tax rethink

20 March 2014

The Chancellor George Osborne yesterday confirmed that there would be no delay in introducing the changes to the way LLPs are taxed, which has left many firms seeking funding for capital contributions.


New phishing alert over bogus Law Society e-mails

19 March 2014

Solicitors have been warned to be on alert for scam e-mails that appear to come from the Law Society and have attachments that potentially contain a virus. It follows the recent phishing attack using e-mails that looked as though the SRA had sent them.


Now the North/South divide hits solicitors’ salaries

19 March 2014

A significant earnings gap has opened up between solicitors working in the south of England and those in the North in a surprise reversal of fortunes, according to a survey. It also found the gender pay gap widening, with women’s salaries averaging 30% less than men’s.


Treasury decries Lords report and rejects delay for partnership tax reform

17 March 2014

The Treasury has said last week’s House of Lords committee report calling for partnership tax changes to be delayed was already out-of-date, and confirmed they would come into force next month as planned.


Diversity: Neuberger backs career judges and urges culture change at City firms

14 March 2014

The president of the Supreme Court, Lord Neuberger, has thrown his weight behind career judges as a way of improving diversity in the judiciary. He also bemoaned companies that choose to instruct “obsessive, testosterone-driven men rather than balanced, sensible women”.


Withers ordered to pay out £1.6m over negligence claim

13 March 2014

Leading London law firm Withers has been ordered to pay £1.6m in damages after the High Court upheld a claim of professional negligence over the drafting of an LLP agreement.


Lords urge HMRC to delay LLP tax changes

12 March 2014

An influential House of Lords committee has added its voice to calls for the government to delay its partnership tax reforms until 2015, so as to allow LLPs time to adjust to the changes.


Radiant opens South Africa in-sourcing centre as it targets ABS to bring top retailer onboard

11 March 2014

Innovative legal practice Radiant Law has moved to an in-sourcing model for some of its work by opening an office in South Africa last week – while also applying for an alternative business structure licence to enable a leading retailer to become its chairman.


High Court rejects barrister’s challenge to LeO finding of poor complaint handling

10 March 2014

A barrister has failed in his judicial review of a decision of the Legal Ombudsman (LeO) that he did not deal with a complaint properly. LeO has welcomed the ruling for setting the bar high when challenging its decisions.


Advertising watchdog raps PI firm over offer of £2,000 up-front payment

6 March 2014

A law firm which offers personal injury claimants a £2,000 up-front payment has been told to make it clear to potential clients that the offer is subject to significant qualifications, after a complaint about one of its television adverts was upheld.

← Page 101 Page 102 of 148 Page 103 →

Blog


Mazur: a symptom not a cause?

If Mazur is a symptom, what does it mean for the underlying health of our civil justice system: the ‘finest legal system in the world’?


Cross-generation collaboration: the key to in-house legal tech adoption

In-house legal function leaders will increasingly have to evolve their thinking on how to manage multigenerational teams containing differing levels of technological expertise.


AI and law firm risk – the view of professional indemnity insurers

In considering law firm applications for cover, many insurers will expect to see evidence of how firms are adapting to AI and preparing for the future.