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The number of law firm mergers has fallen 25% in the past year—possibly due to partners delaying retirement in the hope of a private equity buyout
Clients are paying more for legal services, but have more pricing transparency and a greater selection of remote options available
What impact will artificial intelligence (AI) have on our jobs? How will it shape the delivery of legal services? In this week’s NLJ, Bernadette Bulacan, chief evangelist, Icertis, writes that ‘the legal industry stands at a pivotal moment for transformation’ as gen AI, autonomous agents and large language models begin ‘reshaping how legal teams operate'
Bernadette Bulacan on how AI is reshaping the sector
The Legal Services Consumer Panel (LSCP), which advises the Legal Services Board on regulation, has reiterated its call for lawyers to be made to publish data on all complaints they receive
General counsel need a wide set of skills on top of being excellent at the law and managing risk. In this week’s NLJ, Kerry Phillip, a lawyer at The Legal Director, shares advice from her 20 years of managing in-house legal teams
A GC’s guide to team optimisation: don’t wait, do it today, by Kerry Phillip
The Solicitors Regulation Authority (SRA) has been given 12 months to improve its safeguarding of risk, intervention and client money, under binding directions issued in response to the Axiom Ince scandal
The regulators of both barristers and solicitors have launched consultations on the way lawyers handle complaints
A higher proportion of legal work will be done in-house in the next five years, more than half (54%) of UK in-house counsel and a third (35%) of lawyers in private practice believe
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MOVERS & SHAKERS

Gibson Dunn—London partner promotions

Gibson Dunn—London partner promotions

Firm grows international bench with expanded UK partner class

Shakespeare Martineau—six appointments

Shakespeare Martineau—six appointments

Firm makes major statement in the capital with strategic growth at The Shard

Myers & Co—Jess Latham

Myers & Co—Jess Latham

Residential conveyancing team expands with solicitor hire

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
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