News – Page 8
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Top litigation funder says sector has undergone 'sea change' as profits surge
Burford Capital reveals 23% profit growth - and warns about ‘dabblers’ trying to enter the market.
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Lawyers drawing up NDAs could be breaking the law, MPs told
Academic tells select committee that some solicitors ‘out of kilter’ with professional duties.
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Travers Smith operations chief moves to head KPMG legal services arm
Legal Operations & Transformation Services now runs in four countries.
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Legal services business Axiom to list in New York
Announcement follows divestment of contracts intelligence and managed solutions subsidiaries.
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‘Never say no,’ says GC who inspired groundbreaking Hermes deal
Hugo Martin has advised in-house legal teams that they need to gain influence in organisations by providing solutions.
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Majority of in-house teams will take to AI
Systems do not work 'straight out of the box' - or automatically replace humans, market study warns.
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KPMG legal consultancy arm coming to UK in 'months'
Legal Operations & Transformation Services will help in-house counsel identify solutions for delivery of legal services.
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News focus: A freelance life off the legal treadmill
More and more lawyers, attracted to the notion of not being tied to a particular practice while working flexibly, become consultants. As law firms are discovering, freelancers offer manifold benefits
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GCs tell firms: diversify or lose out
HP legal chief says tech giant’s ‘diversity holdback’ scheme is working as panel firms change behaviour.
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Pay trainees a 'fair' salary, Law Society urges
Law Society announces a 2.6% increase in recommended minimum salaries.
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Accountants winning in 'rapidly expanding' alternative legal services market
Nearly a quarter of large firms say they have lost work to one of the Big Four.
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GCs threaten to pull their millions from 'largely male and white' firms
Law firm partners are told that hiring a diversity and inclusion officer is not enough.
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'Sigh of relief' as GCs escape City accountability regime
Financial Conduct Authority says legal privilege would have restricted it from carrying out usual supervisory processes.
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US consultancy snaps up in-house adviser Halebury
Combined business will supply lawyers and other experts for in-house teams and law firms on global basis.
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Last post: Royal Mail legal chief en route to easyJet
Maaike De Bie is a leading figure in demonstrating the value of in-house lawyers.
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New contract battleground for AI in law
AI system will be used to spot areas of risk in large collections of supplier contracts.
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City firm's AI tool 'will help in-house counsel decide on disputes'
Clear/Cut programme will allow for extensive review that would be ’prohibitively large and costly’ to evaluate with humans.
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In-house lawyers expect artificial intelligence to cut firms' bills
75% of GCs expect to benefit from lower fees, improved quality and faster turnaround times – report.
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Revealed: firms that are allowed to operate outside solicitor rules
The SRA’s ‘safe space’ was extended in July - and the regulator has now started to publish details of applicants successful since then.
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Landmark privilege win: appeal court rules against SFO in ENRC case
Advice whose purpose is to avoid or settle legal proceedings is as much protected by litigation privilege as advice given for the purpose of defence.