Law firm Crowell & Moring shifts London HQ to Bishopsgate May 28, 2025 Crowell & Moring has swapped its London HQ from Tower 42 to 199 Bishopsgate, joining the swarm of City firms on the outskirts of Shoreditch
Recruitment surges for employment lawyers as businesses worry about worker rights overhaul April 30, 2025 Law firms are actively seeking to bulk out their practices as the pending employment law overhaul drives uncertainty at businesses
AI use rising in legal services, but public trust remains low April 29, 2025 While AI’s potential to reduce costs and improve efficiency is making waves within the industry, both public and legal professionals remain cautious about fully embracing the technology, especially for legally complex issues. A recent survey by Robin AI found that only 10 per cent of people fully trust law firms, with only 30 pert cent [...]
Stressed staff cost UK professional services firms more than £4m a year March 19, 2025 Nearly half of the professional service workforce is stressed, causing significant financial impacts on businesses
Legal sector continues to grow despite rising costs March 5, 2025 New research indicates that the legal sector remains resilient in uncertain ties after law firms' average earnings experienced single-digit growth.
The slow death of billable hours at law firms March 5, 2025 With the rise of AI and the cost of lawyers going through the roof, law firms are rushing to change how they bill clients in the hopes of avoiding awkward questions
People love suing solicitors – no wonder PI insurance is so expensive February 12, 2025 Solicitors have been named on the majority of professional indemnity claims. While insurance is legally needed, they don't come cheap
Freshfields: Revenue passes £2bn at Magic Circle law firm but profit cut February 3, 2025 Profit at Magic Circle law firm Freshfields was cut during its latest financial year despite its revenue passing £2bn for the first time. Freshfields has reported a pre-tax profit of £668.9m for the 12 months to 30 April, 2024, according to newly-filed accounts with Companies House. Profit before partners’ annuities increased from £497.8m to £675m. [...]
Inside the bitter court battle over Yodel’s future – and why it matters January 20, 2025 An increasingly bitter legal battle has broken out between Yodel and the entrepreneur who attempted to rescue the delivery giant last year. In the one corner is the Liverpool-headquartered company and its chief executive, Mike Hancox. In the other is the man who led that aborted rescue deal – which ended up falling through last [...]
Time to address the elephant in the room: AI’s impact on legal fees January 7, 2025 Last year, the legal sector saw record-level salaries and large mergers, all while rolling out every AI policy under the sun. So what does 2025 look like?