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2 天之前 · Growing profit before tax at listed law firm Knights is evidence of the success of its consolidation strategy, chief executive David Beech said today. The Competition and Appeals Tribunal has imposed an indemnity costs order on Walter Merricks, class representative in the groundbreaking collective ...
Listed law firm’s diversification strategy paying off
4 小时之前 · Non-legal professional services now account for 30% of the revenue of pioneering listed law firm Gateley, it revealed yesterday alongside good first-half results. Group income was up 5.3% to £86m for the six months to 31 October 2024 – with organic revenue from consultancy services growing three ...
“Rapid uptake” of AI by in-house lawyers to manage litigation
4 小时之前 · There has been a “rapid uptake” of artificial intelligence (AI) by in-house legal teams in the past year, with four out of 10 adopting it for the first time to manage litigation, new research has found. Meanwhile, the proportion of in-house lawyers involved in …
The AI legal leap: Why firms must adapt now or risk falling behind
4 小时之前 · Artificial intelligence (AI) has very quickly become a defining element of the legal industry. In what has been a rapid rise for something that, until recently, was still seen as simply a buzzword, AI has begun to revolutionise the way legal …
News - Legal Futures
2025年1月6日 · Private equity-backed injury specialist Fletchers Group has unveiled its fourth law firm acquisition in little over three years in the shape of North-West firm Scott Rees & Co.
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2025年1月6日 · The Octopus Group, the £13bn financial services and energy business, has launched a law firm to handle probate and estate administration work, Legal Futures can reveal.
UK legal market an “economic powerhouse” - Legal Futures
2024年9月11日 · The UK’s legal market remains “an economic powerhouse”, with exports of legal services reaching £7.25bn in 2022, an increase of more than £1.1bn since 2018.
UK legal services exports soar 14% to new high - Legal Futures
2024年12月10日 · Gross UK exports of legal services reached a new high of £9.5bn in 2023 as the law’s contribution to the economy continues to rise, new research has shown. Overall, revenue generated by UK-based legal services increased by 7.7% year on year to £47.1bn in 2023, according to financial lobby group ...
Litigation/Dispute Resolution - Legal Futures
2024年12月19日 · The High Court has adjourned next week’s trial of a £32m claim against a Manchester law firm because its KC is ill, holding that it would be unfair to force it to proceed with junior counsel. The Solicitors Regulation Authority has opened dozens of investigations into law firms in relation to ...
Value of legal services market “to hit £50bn” this year
2024年2月21日 · The legal services market will continue to grow in 2024, hitting a turnover of £50bn with a “resilient” corporate law sector boosted by “stronger economic conditions” later in the year.