Search Results for: solicitors
Economic modelling of Brexit implications for legal services sector
September 29th, 2015
The legal services sector would be disproportionately disadvantaged compared to the whole UK economy if the UK were to leave the European Union, according to economic analysis commissioned by the Law Society. Oxford Economics extended their industry-leading Oxford Global Economic ...
World’s largest law firms to be ‘lawyerless’ within five years
September 9th, 2015
Uber and Facebook cited as examples of what a future legal practice might look like Within the next five years the world’s largest law firms will not employ its own lawyers, is a bold prediction by the UK’s leading ...
Law firms head to the banks as lawyers target expansion
August 19th, 2015
Lending tops £7.3bn as firms borrow to fund M&A, overseas offices, and lateral hires Long-term lending to UK law firms has risen by 28 per cent over the last four years to £7.35bn, as firms compete to capture a ...
Accountants will soon be competing directly with solicitor firms
July 30th, 2015
Acountants will soon be competing directly with solicitor firms ‘on every high street in the country’, according to a leading financial adviser to the legal sector. Ian Muirhead, chairman of Solicitors Independent Financial Advice, said he expects 750 accountancy ...
Costs lawyers gather strength as costs budgeting becomes more complex
July 15th, 2015
Annual survey reveals ‘costs management regime is far from perfect’ Solicitors struggling to cope with complex costs budgeting; significant growth in costs lawyers’ practices; and judicial inconsistency undermining the regime – these are just some of the findings of ...
Unregulated advisers beat law firms in Google rankings
July 13th, 2015
Solicitor firms are missing out on vital marketing opportunities – and losing ground to the unregulated sector – by not establishing themselves at the top of Google searches, research has found. Legal Services Board chief executive Richard Moriarty (pictured) ...
Legal professionals are becoming more innovative in running their businesses but more is needed
July 8th, 2015
Findings from the largest ever study of innovation in the legal sector, commissioned by the Solicitors Regulation Authority (SRA) and the Legal Services Board (LSB), suggest that legal professionals, including solicitors and barristers, are becoming more innovative in the ...
Greek crisis hits international firms
July 7th, 2015
Strict capital controls in place at all Greek banks are preventing the collection of legal fees owed to international law firms, the Gazette has learned as the country’s referendum result sets it on course to leave the euro. The crisis is ...
Nine out of 10 lawyers save more than £250 a month regularly
June 29th, 2015
Lawyers are sensible savers but need to be smarter to fulfil their ambitions Most lawyers are regular savers but need to plan properly if they are to achieve all their saving goals, according to new research. Wesleyan, the specialist ...
Lawyers facing up to Grexit
June 22nd, 2015
If Greece goes bust, what will happen to client money? “As the spectacle of potential Greek bankruptcy unrolls before our eyes, we should put ourselves in the shoes of our Greek lawyer colleagues.” The main impact of the crisis ...