Justice minister: legal services must embrace AI Opinion The economic prize from AI won’t simply go to the countries that develop the most powerful technology. It will go to the countries where businesses have the confidence to use it, invest in it and build around it, says Sarah Sackman I can remember when I started my legal career 20 years ago, we still [...]
DWF: Sir Nigel Knowles to retire as new CEO named Legal Sir Nigel Knowles, the chief executive of legal services giant DWF, is to step down from the role after five years, it has been revealed. The CEO will retire from the position he has held since May 2020 on 1 August but will remain with the firm as a senior advisor. He will be succeeded [...]
Freshfields: Revenue passes £2bn at Magic Circle law firm but profit cut Legal 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. [...]
AI-powered law must make justice fair and equal for all November 1, 2024 AI will make legal services more accessible and affordable but it cannot take the place of legal advice or personal relationships and professional interactions, says Richard Atkinson The legal landscape is changing with artificial intelligence (AI) front and centre. There has been exponential growth and increasing momentum in AI technologies. These advancements have remarkable potential [...]
Competition watchdog launches probe into unregulated legal and will writing services April 30, 2024 The competition watchdog has launched a new consumer enforcement investigation into unregulated legal services including that that provide will writing.