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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

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
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