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12 April 2020
Categories: Legal News , Covid-19 , Profession
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COVID-19: Impact on law firms

Many law firms appear to be weathering the COVID-19 storm fairly well so far, albeit with cuts to partner shares of profit and furloughed staff.

Solicitors are continuing to work successfully―from home―at many firms, such as Leicester family law firm Josiah Hincks Solicitors, commercial firm Clarkslegal and Essex firm Palmers Solicitors. Criminal law solicitors are having to continue to attend magistrates’ courts for urgent work although not police custody suites after a national protocol on interviewing during the COVID-19 outbreak was agreed. Crown courts are continuing to work but dealing with matters remotely where possible. Criminal lawyers and those involved in the functioning of the justice system are deemed key workers.

Magic Circle firm Freshfields Bruckhaus Deringer, in a briefing note, identified several difficulties contributing to the slowdown in M&A work during the crisis, such as delays to the auction process, valuations and approvals. Finance work in general has been affected.

Freshfields, Magic Circle firm Allen & Overy and Norton Rose Fulbright are among firms reported to have suspended partner distributions and to be offering staff flexible working arrangements and reduced hours―Norton Rose is reported to have asked staff to voluntarily go down to a four-day week, while Pinsent Masons, Slater & Gordon and Withers have all furloughed some employees. 

Categories: Legal News , Covid-19 , Profession
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MOVERS & SHAKERS

Carter-Ruck—Tomas Vail

Carter-Ruck—Tomas Vail

Carter-Ruck strengthens International team with appointment of arbitration partner Tomas Vail

Slater Heelis—Nick Terry

Slater Heelis—Nick Terry

Slater Heelis strengthens crime and regulatory team with appointment of Nick Terry as partner

Payne Hicks Beach—Thomas Moran & Sarah Gogan

Payne Hicks Beach—Thomas Moran & Sarah Gogan

Payne Hicks Beach strengthens private wealth offering with appointment of two new partners

NEWS
Expert witnesses face a multitude of risks and uncertainties when using artificial intelligence (AI) in their reports, IT specialists have warned
The Ministry of Justice (MoJ) has accepted Richard Lloyd’s recommendations for the Legal Services Board (LSB) and ordered a ‘comprehensive review of the regulatory framework’, likely to continue beyond 2029
More than one-third of expert witnesses now use artificial intelligence (AI) regularly or occasionally in their work, according to Bond Solon’s 2026 expert witness survey
General counsel have warned law firms not to keep artificial intelligence (AI) savings to themselves or risk losing work
Some 53 firms have been successfully assessed for legal aid contracts for inquest work and will now move to the verification stage, the Legal Aid Agency has confirmed
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