Lawyers “need to find new ways to charge” in AI world – Legal Futures
The advent of AI means that lawyers will need to become more creative in how they charge their clients, with the billable hour unlikely to survive, it has been claimed.…
The advent of AI means that lawyers will need to become more creative in how they charge their clients, with the billable hour unlikely to survive, it has been claimed.…
The first episode in a new series of Osprey Approach’s Build Better Habits webinars, will weigh up the pros and cons of traditional billing models versus value-based pricing. The post…
Data shows firms are missing out on significant realization gains due to lagging commercial literacy, limited budgeting capability, and uncertain AI strategies. The post New BigHand research reveals “impossible to…
Conveyancing fees vary by 150% or more for “essentially the same service”, according to new research, with just 5% of firms offering different service levels. The post Conveyancing fees “vary…
Pass rates on the legal practice course slumped from 57% to 42% in the year to 31 August 2024, newly released figures from the Solicitors Regulation Authority have revealed. The…
A veteran solicitor who said she was wrong to continue running her firm after the death of her husband – who worked with her in the business – has been…
Doing nothing is “a legitimate strategy” for lawyers which “maintains focus on key objectives and avoids burnout”, the founder of LOD (Lawyer on Demand) has argued. The post Doing nothing…
For an individual involved in a non-fault road traffic accident, the claims process can be complex and stressful. An Accident Management Company (AMC) serves to manage the entire process on…
The Chancery Lane Project (TCLP), launched in 2019, develops climate-conscious legal drafting. Its clauses are now widely adopted, helping to reduce emissions and embed environmental responsibility into legal practice. The…
In the legal sector, the shift toward digital marketing continues to accelerate. Yet despite this growing focus, many firms struggle to convert those efforts into meaningful outcomes. The post Navigating…
Anti-money laundering is once again in the spotlight, with the FCA wanting to tackle what it perceives to be a failure among UK financial institutions to tackle money laundering. The…
A partner at a London law firm “dishonestly assisted” in misappropriating a company’s funds by turning a blind eye to money laundering issues raised by property transactions, the High Court…
Listed group NAHL has announced growth in profitability and cash generation for the first six months of 2025, while also reducing net debt to a 10-year low. The post Listed…
The interim chief executive of the Legal Services Board has called on the Solicitors Regulation Authority to publish data on SQE pass rates by provider “as soon as possible”. The…
Solicitors have reported “little improvement” in the dilapidated state of court estate over the past three years, with problems including rotting seagulls and maggots “raining down” into a lobby. The…