- Wednesday, 10 June 2015
There is a “huge future” for high street law firms, but the way ahead will be for practices to become more specialised, the new chairman of the Sole Practitioners Group (SPG) has said.
Tags: Law Society, small firms, sole practitioners, Solicitors Regulation Authority
Posted in Latest news, Solicitors
- Wednesday, 13 May 2015
The Solicitors Regulation Authority (SRA) has widened its definition of a ‘small firm’ by doubling the annual turnover limit from £200,000 to £400,000. The limit of four on the number of managers is not changing.
Tags: small firms, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
- Thursday, 26 February 2015
Delegates at the Global Law Summit have questioned why a major report on the health of the legal services industry included so little on new entrants to the market, smaller firms and diversity.
Tags: ABS, Alternative business structures, diversity, small firms
Posted in Alternative business structures, Latest news, Legal Services Act
- Wednesday, 5 November 2014
Professor Avrom Sherr, one of the country’s leading legal academics, has said that “nobody listens to the Law Society” since it lost its regulatory role.
Tags: Law Society, legal education and training review, LETR, small firms
Posted in Competence, Latest news, Regulation, Solicitors
- Friday, 31 October 2014
Barrister entrepreneur William Rees has launched an online drafting service aimed at mainly at solicitors in small firms. The business provides “customised templates”, which aim to be more tailored to lawyers’ requirements and individual cases than traditional precedents.
Tags: Online Legal Services, small firms
Posted in Latest news, Outsourcing
- Tuesday, 26 October 2010
There is real potential for alternative business structures (ABSs) to have a positive impact on both the profession and consumers, the Solicitors Regulation Authority has said. The provisional conclusions of an equality impact assessment said solicitors would benefit from improved employment opportunities, while ABSs would facilitate improved access to legal services for consumers.
Tags: ABS, Alternative business structures, BME, small firms, Solicitors Regulation Authority
Posted in Alternative business structures, News
What the pandemic has brought into sharp focus for firms is a desire to reduce costs. In 2019, research found cost reductions were last on a long list of priorities for firms; now they are near the top.
As my legal career progressed, I began to realise the reality was very different than I had envisaged. I was in a constant state of stress, working very long hours. I normalised the stress, as it seemed to be everywhere I looked.