All Law firm & practice management articles – Page 6
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NewsRemote working curbs are deterring City job applicants, survey reveals
Employers increasingly say the lack of hybrid working options is a barrier to recruitment, as vacancies soar.
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OpinionGlass houses
Last week I noted that the Law Society’s benchmarking survey was awkwardly timed, finding as it did that client interest is turbocharging practice profits.
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OpinionNo more ‘free money’?
Might the prospect of tipping dozens of law firms into financial trouble deter the SRA from imposing a ban on pocketing interest on client money?
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NewsIn depth: Benchmarking survey - client interest profit warning
Law firms buoyed by interest on client money must ‘wean themselves off’ this lucrative income stream. That is a key message of the annual Law Society Financial Benchmarking Survey.
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NewsHigh profile solicitor to quit UK after SRA fine
Legal commentator Kerry Underwood hits out at ‘frankly oppressive’ AML regime after agreeing to pay financial penalty.
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NewsNorth east firms merge to form £40m business
Two firms in London also announce they will join forces.
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NewsSRA bars former law firm boss over client money transfers
Jarmans Solicitors was well known locally in Kent, but the business has since dissolved.
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NewsPrivate equity reshapes UK law firms with record investments
Law firm leaders advised to consider the benefits of private equity - but only if they appreciate the risks.
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NewsFirm preserves independence with leadership buyout
Majority shareholder sells stake in Harrison Drury after overseeing rapid growth over 17 years.
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NewsSolicitor forced out at 63 wins age discrimination case
Walker Morris tells tribunal it wanted to stop senior partners blocking opportunities for younger lawyers.
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NewsSimmons & Simmons sets social mobility targets
International firm wants a minimum of 20% of lawyers from lower socio-economic backgrounds by 2029.
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NewsAI getting more accurate but lawyers still needed, finds new report
Language model tools score much higher when faced with difficult legal questions.
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FeatureAt the double
The saying ‘it’s lonely at the top’ doesn’t apply at many law firms, where senior and managing partners share leadership responsibilities. It helps if they get along, writes Katharine Freeland.
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NewsHMRC rows back on partner tax change which could have hit law firms
Tax authority changed its guidance last year to close potential loophole created by excessive capital contributions.
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NewsIn depth: Legal policy forum highlights new diversity and inclusion initiatives
The UK’s legal sector is continuing to champion diversity, equality and inclusion programmes as major US corporations, including professional advisory firms, begin to row back on their pledges.
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NewsIn depth: Should solicitors hold client money?
Would it be simpler and safer if law firms didn’t hold client money? That is one proposal in a landmark SRA consultation on client protection which closes later this month. Solicitors are sceptical.
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NewsRosenblatt redux rescues 40 staff as RBG sinks
Experienced executive team appointed as Ian Rosenblatt hails rebirth of firm he founded in 1989 as an independent practice.
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FeatureNew world disorder
The exponential rise of GenAI heralded a deluge of new security threats – are law firms up to the challenge?
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OpinionPuncturing the hype
Michael Kennedy reviews Nathan Cemenska’s 'How to Buy Legal Tech That Works'.