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Economic caution urged despite legal gains

17 September 2025
Issue: 8131 / Categories: Legal News , Legal services , Risk management
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UK legal sector revenue grew 7.86% in July to £4.87bn, outperforming the services sector as a whole, which was only 0.3% higher at £249bn

Compared to July 2024, UK legal rose 9.4% while the overall services sector grew 2.3%. Both legal and services as a whole compare favourably to the overall economy which flatlined in July with zero growth.

However, Julie Norris, partner at Kingsley Napley, warned: ‘While Legal’s performance was positive this month, this must be viewed against a worrying backdrop because the overall economic picture for the UK is less rosy.

‘We know that some legal services can be counter-cyclical, but clearly a stalling economy will impact investment and demand from many clients. To that end law firm leaders must be hyper-vigilant about the opportunities and threats for their firms.’

Issue: 8131 / Categories: Legal News , Legal services , Risk management
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MOVERS & SHAKERS

Quillon Law—Neil Dooley

Quillon Law—Neil Dooley

Disputes firm expands fraud and investigations practice with partner hire

Charles Russell Speechlys—Vadim Romanoff

Charles Russell Speechlys—Vadim Romanoff

Firm strengthens corporate tax and incentives team with partner hire

Burges Salmon—Gary Delderfield & Alec Bennett

Burges Salmon—Gary Delderfield & Alec Bennett

Partner and senior associate join pensions team

NEWS
NLJ columnist Stephen Gold dives into the quirks of civil practice, from the Court of Appeal’s fierce defence of form N510 to fresh reminders about compliance and interest claims, in this week's Civil Way
Mazur v Charles Russell Speechlys [2025] EWHC 2341 (KB) has restated a fundamental truth, writes John Gould, chair of Russell-Cooke, in this week's NLJ: only authorised persons can conduct litigation. The decision sparked alarm, but Gould stresses it merely confirms the Legal Services Act 2007
The government’s decision to make the Financial Conduct Authority (FCA) the Single Professional Services Supervisor marks a watershed in the UK’s fight against money laundering, says Rebecca Hughes of Corker Binning in this week's NLJ. The FCA will now oversee 60,000 firms across legal and accountancy sectors—a massive expansion of remit that raises questions over resources and readiness 
The High Court's decision in Parfitt v Jones [2025] EWHC 1552 (Ch) provided a striking reminder of the need to instruct the right expert in retrospective capacity assessments, says Ann Stanyer of Wedlake Bell in NLJ this week
Paige Coulter of Quinn Emanuel reports on the UK’s first statutory definition of SLAPPs under the Economic Crime and Corporate Transparency Act 2023in NLJ this week
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