- Tuesday, 11 April 2017
Many senior partners lack all but a “basic knowledge” of their clients’ businesses, leading to “superficial” interactions and a “disconnect between law firms and their clients”, a report has found. As a result, in-house counsel are now looking at alternative providers.
Tags: alternative delivery models, City firms, law firm management
Posted in Client care, Latest news, Practice points
- Wednesday, 28 January 2015
Law firms should not view mergers as a way of making costs savings, James Carter, managing partner of Charles Russell Speechlys, has warned. “Economies of scale will at best pay for the costs of merging over the next one or two years.”
Tags: City firms, costs savings, fees, law firm mergers
Posted in Latest news
- Tuesday, 24 June 2014
Pinsent Masons is an example to other law firms on how to make the most of a Twitter account, while the ‘private’ setting on Slaughter and May’s account makes it the firm not to emulate, according to a report on the use of social media by large City law firms.
Tags: City firms, social media
Posted in Latest news, Marketing & PR, Technology
Legal education and training is not fit for today, let alone the future, and the approach of the main professional bodies to the need for greater accessibility and flexibility could not have been more different.
Since abolition of the common renewal date, practices have been free to choose when to renew their professional indemnity insurance. We estimate that around 30-40% now renew between March and April.