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14 July 2023
Issue: 8033 / Categories: Legal News , Legal services , Career focus , Profession
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NLJ this week: Thinking of setting up a legal consultancy?

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The rise of legal consultants has been a game-changer for lawyers who want to work independently, manage their own caseload, and reduce the burdens of self-employment. In this week’s NLJ, Adrian Jaggard, CEO at AllC Group & Taylor Rose MW, looks ahead to the expansion of this model of working—research suggests one third of lawyers will work this way by 2026—and offers advice on how to prepare now for the changes to come.

Typically, lawyers act as self-employed consultants, retaining about 70% of their earnings, with the consultancy firm providing the overarching structure and support. As Jaggard writes, consultants can also ‘scale their operation within a lean environment, recruiting their own consultants and employees’. Law firms such as Taylor Rose MW, which has 700 fee-earners in its consultancy division as well as its traditional practice, also benefit. In fact, the firm is now expanding its consultancy division into Australia.

Jaggard also shares some tips and advice for firms considering launching a consultancy division—find them here.

MOVERS & SHAKERS

Weightmans—Jason Slatcher

Weightmans—Jason Slatcher

Weightmans appoint new Chief Technology Officer

Mishcon de Reya—trainees

Mishcon de Reya—trainees

Mishcon de Reya announces trainee retention rate of 86%

Sackers—Charlotte Adams & Fraser Sutton

Sackers—Charlotte Adams & Fraser Sutton

Sackers welcomes two new Graduate Solicitor Apprentices

NEWS
LexisNexis is delighted to announce the launch of the LexisNexis Legal Awards 2027, celebrating outstanding achievement, innovation and impact across the legal profession
The Legal Services Board (LSB) is to take further enforcement action against the Solicitors Regulation Authority (SRA), setting additional performance targets and ‘intensifying’ its oversight, it has said
Regulators missed several opportunities to intervene in PM Law Group before it collapsed, an independent review by City firm Jenner & Block has found
An employer’s vicarious liability for the alleged torts of an employee cannot be transferred by TUPE, the Court of Appeal has confirmed
Tiered fees of up to £1,500 for Legal Ombudsman (LeO) cases could leave firms with little option but to pay out, lawyers have warned
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