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Mid-market firms losing corporate work “by stealth”, report says
Monday, 16 May 2016Corporate clients are bleeding law firms without them realising it, as work is funnelled away to cheaper providers by in-house counsel who wish to avoid confrontation over pricing, according to a report. The steady process of commoditisation was behind the shift, it said.
Tags: general counsel
Posted in Latest news, Market monitor
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Judging proportionate risk requires confidence. Do law firms have it?
As of 30 June 2026, the money laundering regulations have been updated again, this time to make the regime more proportionate and addressing unnecessary over-compliance.
Is clients’ use of AI destroying legal privilege?
Much has been written about the risks of lawyers misusing AI. However, in my view, the greater challenge lies elsewhere: the routine use of AI by clients themselves.
Does the Lloyd review mark the end of the Legal Services Act?
The Legal Services Board often generates eye-rolls and irritation from the leaders of the frontline regulators it oversees and of the representative bodies attached to them.
