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Impact of coronavirus on legal profession

23 June 2020
Issue: 7892 / Categories: Legal News , Covid-19 , Profession
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Wills and probate practitioners saw no change in business levels, conveyancing was hardest hit, 60% of firms furloughed employees and 15% had to make redundancies, a survey of law firms has found

Company and commercial was the practice area hit second hardest by the COVID-19 pandemic, as companies pressed the pause button, and crime suffered the third hardest hit as all but essential criminal cases stopped. The in-depth survey, ‘The impact of COVID-19 on legal businesses’, was carried out among 100 UK law firms by legal technology company dps software, in May (see https://bit.ly/3hU6GNj).

The survey predicts lawyers in certain practice areas may be in demand post-lockdown for unhappy reasons―business turmoil generated by the economic downturn will create work for insolvency and M&A practitioners and employment lawyers will be required to advise on redundancies. Divorce rates could rise due to the stress of lockdown. Criminal practitioners are also likely to see a surge in demand―figures obtained by the Criminal Bar Association showed a backlog of more than 40,000 cases as of 24 May.

Issue: 7892 / Categories: Legal News , Covid-19 , Profession
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MOVERS & SHAKERS

Clarke Willmott—Declan Goodwin & Elinor Owen

Clarke Willmott—Declan Goodwin & Elinor Owen

Corporate and commercial teams in Cardiff boosted by dual partner hire

Hill Dickinson—Joz Coetzer & Marc Naidoo

Hill Dickinson—Joz Coetzer & Marc Naidoo

London hires to lead UK launch of international finance team

Switalskis—11 promotions

Switalskis—11 promotions

Firm marks start of year with firmwide promotions round

NEWS
Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)
The next generation is inheriting more than assets—it is inheriting complexity. Writing in NLJ this week, experts from Penningtons Manches Cooper chart how global mobility, blended families and evolving values are reshaping private wealth advice
Artificial intelligence (AI) is rapidly transforming sport, from recruitment and training to officiating and fan engagement. Writing in NLJ this week, Professor Dr Ian Blackshaw of Valloni Attorneys at Law explains how AI now influences everything from injury prevention to tactical decisions, with clubs using tools such as ‘TacticAI’ to gain competitive edges
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
A Competition Appeal Tribunal (CAT) ruling has reopened debate on the availability of ‘user damages’ in competition claims. Writing in NLJ this week, Edward Nyman of Hausfeld explains how the CAT allowed Dr Liza Lovdahl Gormsen’s alternative damages case against Meta to proceed, rejecting arguments that such damages are barred in competition law
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