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02 December 2022 / Andy Cullwick
Issue: 8005 / Categories: Features , Profession , Legal services , Marketing , Technology
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Law firms: survival of the fittest?

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Andy Cullwick considers how law firms are facing up to an uncertain future, & how they can best adapt to it
  • The latest White Paper from First4Lawyers looks at the big issues affecting law firms and what they are doing to prepare themselves for the difficult year ahead.
  • Whiplash reforms continue to bite, with a quarter of firms exiting the small claims road traffic accident market and more set to follow.
  • Despite the popularity of review sites, just over a third of firms read or respond to what is said about them online.

It’s at this time of year that we start seeing predicted legal trends for the next 12 months. Sadly, the outlook for 2023 is not so much of a prediction as a foregone conclusion. Rising inflation and the impending recession make it likely that the months ahead will be difficult for many, but particularly for law firms in the personal injury (PI) sector, the number of which has dropped significantly

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MOVERS & SHAKERS

Slater Heelis—Probate & Court of Protection team

Slater Heelis—Probate & Court of Protection team

Slater Heelis brings Probate and Court of Protection expertise together with new dedicated team

Clarke Willmott—Antonia Power

Clarke Willmott—Antonia Power

Antonia Power joins Clarke Willmott in Taunton

Haynes Boone—Chris Acton

Haynes Boone—Chris Acton

Chris Acton joins Haynes Boone as chair of UK derivatives platform

NEWS
Civil practitioners face changes spanning debt recovery, workplace harassment and possession claims, alongside guidance on insolvency challenges and children proceedings

Finding matrimonial wealth is as challenging as dividing it, as family disputes draw practitioners into asset tracing, offshore structures and insolvency

Agreement between opponents offers no guarantee that a court will approve a retrospective increase to a costs budget
Climate change belongs on every lawyer’s agenda, with risks extending far beyond environmental practice into commercial advice, litigation and access to justice
Workplace bullying and harassment can no longer be left solely to HR, as financial regulation scrutinises culture, character and fitness
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