UK legal sector books double-digit revenue growth in 2024 December 9, 2025 Total revenue from legal activities in the UK reached a record £52.3bn in 2024, up 11 per cent from 2023, according to a new report by TheCityUK, published in partnership with Barclays. The UK boasts the world’s second-largest legal services market, trailing only the US, thanks to the dominance of English common law. Overall, the [...]
Birthday cookies and fine dining: Inside the law firm aiming for 5-Star service December 4, 2025 There are not many office buildings in the City where, just five feet in the door, you receive a personalised greeting, but Addleshaw Goddard’s client services team would put The Ritz to shame. How to stand out in a crowded field? That is the question plaguing most law firms as they battle to grow in [...]
Legora CEO: Law degree is not enough -‘AI knows the law’ – what do you bring? December 2, 2025 AI has turned the business world on its head and no more so than in the legal sector, where knowledge-intensive roles going toe-to-toe with knowledge-based tech is driving a significant shift in the industry. A lot of the attention has been on the implications of the surge in investment in AI for jobs, especially at [...]
Money talks, but culture counts in transatlantic law firm tie-ups November 20, 2025 A merger between a notable US outfit and a UK-headquartered legal firm used to be a rare event, but with the focus on global dominance, these strategic moves are now attracting more attention – as more firms begin to follow suit. This week, London-based Ashurst agreed to merge with Seattle-based Perkins Coie, and overnight it [...]
Backlogs and political attacks risk erosion of rule of law, Lords claim November 20, 2025 The rule of law in the UK is being weakened, and everyone must take steps to protect it against further erosion, says a damming House of Lords report. The ‘Rule of law: holding the line between anarchy and tyranny’ report, published on Thursday, identified three areas contributing to the decline: social/cultural erosion, institutional failings in [...]
Trump’s DEI crackdown sparks ethics exodus across UK businesses October 30, 2025 US President Donald Trump’s crackdown on initiatives such as diversity, equality and inclusion (DEI) and environmental sustainability has drifted across the Atlantic. According to research by law firm Freeths, over half of UK businesses (54 per cent) have changed the way they approach ethical policies and practices. While over a quarter (28 per cent) have [...]
Lawyers to rethink personal tax structures as Reeves set to target LLPs October 28, 2025 Chancellor Rachel Reeves’s proposed tax raid on LLPs may force partners to work longer or reconsider their retirement plans, with significant financial implications for many professionals. It was reported last week that Reeves is targeting limited liability partnerships (LLPs) in a tax raid as she tries to fill a fiscal black hole. The proposed 15 [...]
Nik Storonsky-backed Robin AI seeks rescue buyer after fundraise falls short October 28, 2025 An AI business backed by the likes of Revolut co-founder Nik Storonsky is seeking a rescue buyer after its fundraising ambitions fell short, City AM can reveal. London-based legal firm Robin AI has been put up for sale on an insolvency marketplace – meaning its future could be in doubt if a buyer is not [...]
Treasury’s LLP tax proposal could add £46,000 burden per partner October 23, 2025 Law firms’ partners could face an additional £1.4bn in tax each year if the Treasury goes ahead with imposing a 15 per cent rate of national insurance contributions on LLPs. According to data provided by HMRC to UHY Hacker Young, partners of law firms made a total of £9.2bn in profits in the latest year. [...]
Lawyers sound alarm over Rachel Reeves’ proposed tax target on LLPs October 22, 2025 The Chancellor is reportedly looking to target limited liability partnerships (LLPs) for a tax raid as she tries to fill the fiscal black hole, but critics warn that this move will have consequences for the professional services sector. The LLP model, used by professional services such as law firms, accountancy, and some doctors (GPs), came into force [...]