Practice management
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NewsA dollar a second? Hourly rates rocket at top global firms
Billing rates for senior lawyers are already 'exceptionally high' and fee inflation is rampant, new study finds.
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NewsAcquisition for growing south east firm
Manak Solicitors announces acquisition of private client specialist Browns.
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NewsSociety consults on small PC fee increase
Chancery Lane accounts for under 30% of the annual levy, which was unchanged this year at £307.
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NewsOver half of new partners are women at Eversheds, Taylor Wessing and Leigh Day
Prominent firms announce partner promotions across UK and Europe and Asia.
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NewsVardags extends flexible working under new management
Ayesha Vardag's famed divorce boutique announces promotion of Manchester chief Emma Gill to managing partner.
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News‘Ostrich-like’ ex-law firm owner given contempt warning
Dorota Newman is being sued by previous owner but has ignored proceedings.
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OpinionThe case for onshore: Dubai is about more than offshore and free zones legal work
Excello Law expanded our UK law firm into Dubai recently and one of the most significant decisions we made was to operate as a mainland firm rather than setting up in a free zone.
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NewsLegal training manager who lost her team was not forced to resign
Claimant alleged she was forced to quit following changes to her role and lack of team responsibilities.
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FeatureAI and mid-sized firms roundtable: Intelligence testing
For mid-market firms, the advent of generative AI is a double-edged sword. The technology can handle routine tasks and free up billable time, but also obscure intrinsic flaws in processes.
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NewsHigh Court freezes assets of former law firm boss
Ex-fashion designer said to owe ‘substantial’ amount as part of deal to acquire Kent solicitors.
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OpinionAdvice for Paul, Weiss wannabes
Principles I would try to remember if I were a senior partner of a global American law firm.
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NewsMacfarlanes announces largest cohort of partners for years
Two-thirds of the City firm’s nine new partners are women.
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OpinionPortfolio careers
Rosemary Auchmuty reviews 'The Rising Role of Women in Family Offices and Family Businesses'.
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NewsAnalysis: Elite US firms attacked by Trump face a dilemma
Donald Trump has unleashed a blizzard of attacks against law firms he has deemed inimical to his cause. With independence and the rule of law at stake, there are calls for the profession to show a united front.
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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.