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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

NLJ Career Profile: Stephen Ward, The Barrister Group

NLJ Career Profile: Stephen Ward, The Barrister Group

From mowing lawns to life at the Bar: Stephen Ward reflects on an unconventional career

Clarke Willmott—Ben Loosemore

Clarke Willmott—Ben Loosemore

Commercial property partner joins Clarke Willmott in Southampton

Ellisons—Robert Tiffen

Ellisons—Robert Tiffen

Robert Tiffen joins Ellisons as Partner in growing Norwich office

NEWS
The Law Society RFC Festival of Sport returns next month, bringing together legal and financial services professionals for one of the sector’s largest annual sporting events
Legal aid deserts leave almost one in four without adequate access to justice
The Solicitors Regulation Authority (SRA) has warned solicitors and law firms that using artificial intelligence does not alter their professional obligations, amid concerns over inaccurate legal material and client confidentiality
From forgotten interest claims to case-management appeals, a string of procedural developments offers useful—and occasionally cautionary—lessons for practitioners

Jonathan Fisher KC highlights that it now accounts for around 40% of criminal offences, with roughly 70% involving technology, and argues that the UK cannot simply prosecute its way out of the problem. Detection, investigation and prosecution all require improvement, while different fraud types demand tailored responses.

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