Close Brothers: How the motor finance scandal reshaped one of ‘Europe’s least cost-efficient lenders’
CMS rolls out Suits-inspired AI after saving lawyers 100 hours Legal Law firm CMS has said it aims to ‘stay ahead of the curve’ by rolling out legal tool Harvey AI after lawyers reported already seeing “meaningful time savings”. The law firm is set to extend the use of the AI tool, named after the fictional character in Suits, across all 21 CMS member organisations in [...]
UK legal sector books double-digit revenue growth in 2024 Legal 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 [...]
Legora CEO: Law degree is not enough -‘AI knows the law’ – what do you bring? Legal 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 [...]
Think twice before you take legal advice from AI August 26, 2025 AI can help make legal support accessible, but it can also be dangerous. Could a regulated AI tool akin to the NHS 111 service be the answer?
‘My boss knew I’d leave Freshfields from my first week in’: Nnamdi Emelifeonwu on setting up legal tech firm Definely August 7, 2025 Freshfields lawyer Nnamdi Emelifeonwu left law to set up legal tech firm Definely. He takes us through his career in Square Mile and Me.
Former Freshfields lawyers AI legal tech raises $30m in funding round June 9, 2025 An AI-powered legal tech company founded by two former associates from Freshfields has raised $30m (£22.1m) in Series B funding
Harry Maguire among investors in AI lawyer’s $40m push into US market December 5, 2024 Footballers Harry Maguire and Reece James among those that co-led UK legal tech startup Lawhive raising $40m in series A funding for its push into the US
Thomson Reuters snaps up British AI startup that provides legal advice August 21, 2024 Information giant Thomson Reuters has snapped up British artificial intelligence (AI) company Safe Sign Technologies as it looks to grow its suite of AI-powered research tools targeted towards the legal industry. Safe Sign has been building and developing a legal specific large language model (LLM) that aims to make reliable legal advice more accessible. Both firms [...]