Law Firm Management

Law Firm Management Strategy: Leading UK Law Firm Offers Expansion or Exit Route For Legal Firms

Jumpingship desertingjob

O’Neill Patient Solicitors to offer expansion help or an exit route to other legal firmsOne of the UK’s leading conveyancing solicitors, O’Neill Patient LLP (ONP) is prepared to provide help or an exit route to other legal firms.  Following its purchase of South East based Cavendish Legal Group, which completed in June, it has said […]

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Forget the Slow, Step Change for Law Firms – How the Pandemic Is Pushing Law Firms 3 Years Into The Future

The coronavirus pandemic and lockdown has changed the way we all live, but for law firms it has also served to accelerate many three years into the future, according one consultant. Firms are being forced to make ‘next-generation’ changes that will give them a competitive edge, says UK Crowe business advisory partner Ross Prince.Law firms,

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Law Firm Management – Why The Pandemic Should Be Creating More Diverse Law Firms – Not Fewer

Management

Debra Pickett* The tremendous economic uncertainty emerging in the wake of COVID-19 is forcing law firm leaders to contend with challenges they’ve never faced before. People are scared, and for good reason. Given the enormous financial pressure firms feel, it’s understandable that leaders may opt to push diversity and inclusion efforts to the back burner

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Masking Up: How Are Law Firms Handling Coronavirus?

Coronavirus mask lawfuel

Tanking stock markets, masked citizens across the globe, self- or imposed- isolation moves and more . . but how are law firms handling the global coronavirus?Most firms are taking steps involving the postponement or cancellation of events and deferring or cancelling international travel as the virus spreads across the globe. Orricks for instanced also cancelled

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The Staggering Crisis of Mental Health Issues Among Lawyers . . And One Firm’s Digital Step To Help

Stress

The law profession’s ‘record’ of mental health issues is worse than any other profession by a staggering margin. A recent American Bar Association Survey showed that lawyers – in the US at least and the figures in similar Western jurisdictions are unlikely to be much different – are 3.6 times more likely to experience a

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Alternative Fee Arrangements for Lawyers – Explained

big legal fees in Big Law

BrightFlag – Hourly billing has been the dominant financial model for the legal profession for generations. But more and more in-house legal teams are exploring the potential of alternative fee arrangements (AFAs) when engaging outside counsel.Why? Well, for starters: Hourly billing models (implicitly and/or explicitly) incentivize law firms to increase the time, staff, and seniority

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Partner expulsion case offers lessons to LLP firms and their partners

law firm staff cutbacks - law job cuts

Kingsley Napley – Just before Christmas, the High Court ruled on a dispute regarding the expulsion of a partner from one of the Big Four under the firm’s 2017 LLP Agreement (LLPA). The case Joseph v Deloitte NSE LLP concerned a challenge from David Joseph, a Swiss-based partner at Deloitte, to a decision by the firm to dismiss

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Law Firm Ownership Changes for DC . . And The Big Four Accountants Will Be Watching Carefully

law firm resources

Washington D.C. is the latest jurisdiction to look at whether the rules surrounding law firm ownership should be changed.Bloombergs report that DC’s bar is to look at alternatives to the present law firm ownership rules, saying it will look at the evolving legal service delivery models, which includes non-lawyer ownership of law firms.Bar members will

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How Can The Law Profession Solve Its #Metoo Problem

MeToo

#Metoo issues have continued to plague the legal profession and it seems that despite the best intentions, some re-regulation, sanctions, client pressure and any number of other initiatives, the #Metoo problem remains.Alcohol and substance abuse, toxic work environments, power imbalance and other factors continue.Can it be solved?Writing in Legal Business, Nathalie Tidman and Muna Abid

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