Legal Futures - Home of Legal News, Legal Reports & Legal Tech
1 day ago · Get our news roundup every Friday. Legal Futures Publishing Limited, Registered in England No. 7135808. Registered office: Handel House, 95 High Street, Edgware, Middlesex, HA8 7DB. Legal news and updates from Legal Futures. …
News - Legal Futures
Nov 6, 2024 · Law firm acquired by private equity aims to double in size in a year. The latest law firm to be bought by private equity has ambitions to more than double in size in just a year, its chief executive has revealed. Read More. 8 November 2024.
Five key issues to consider when adopting an AI-based legal tech
18 hours ago · As more of our familiar legal resources have started to embrace a generative AI overhaul, and new players have come to the market, there are some key issues that your law firm needs to consider when adopting an AI-based legal tech. Licensing. Whenever procuring a new tech solution, it is important to understand the applicable licence provisions ...
UK legal market an “economic powerhouse” - Legal Futures
Sep 11, 2024 · The UK’s legal market remains “an economic powerhouse”, with exports of legal services reaching £7.25bn in 2022, an increase of nearly £1.2bn in four years, a Law Society report has found. Researchers singled out the London Commercial Court (LCC) and the London Maritime Arbitrators Association as world leaders in their fields. They said ...
Latest news Archives - Legal Futures
6 days ago · Tribunal fines law firm for persistent transparency rule breaches. 8 November 2024. The Solicitors Disciplinary Tribunal has fined a law firm over £20,000 for failing to comply with the SRA’s transparency rules and requirements to have a COLP and COFA.
Technology - Legal Futures
Aug 6, 2021 · Technology and innovation “step-change” in last year but barriers persist. 27 July 2021. The past year has seen a “step change” in the adoption of legal technology and innovation, in part as a result of Covid-19, a major piece of new …
Cyber threats for law firms in 2024 - Legal Futures
Dec 13, 2023 · Key cybersecurity risks in 2024. Cyber risks that will be a major threat to law firms in 2024 include: Multi-factor faking – Attackers spoof your multi-factor authentication web pages, tricking you into entering your code and granting them access. QR code phishing – Rather than emailing a link, an attacker will send you a QR code to scan ...
The state of the UK conveyancing market in 2024 - Legal Futures
Oct 22, 2024 · The state of the UK conveyancing market in 2024. 22 October 2024. Posted by Ryan Sparrow, digital content specialist at Legal Futures Associate Access Legal. Sparrow: Huge polarisation in conveyancing market. Last year saw significant headwinds for the conveyancing market, with falling transaction volumes and rising interest rates.
Value of legal services market “to hit £50bn” this year
Feb 21, 2024 · Researchers said the UK legal services market grew by 8.3% last year at current prices, reaching £47.5bn. Market turnover was expected to grow to £50.3bn this year, at a rate “just below the level” recorded last year, £53.5bn in 2025, £57.5bn the following year and £61bn in 2027. Legal advice for business and commercial matters ...
Compliance & Regulation - Legal Futures
Nov 5, 2024 · Legal Ombudsman seeks 10% budget hike as delays persist. 31 October 2024. The Legal Ombudsman has proposed a 10.2% increase in its budget, or £1.8m, as it struggles to bring down the longstanding backlog of complaints.