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Law firms: survival of the fittest?

02 December 2022 / Andy Cullwick
Issue: 8005 / Categories: Features , Profession , Legal services , Marketing , Technology
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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 in

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MOVERS & SHAKERS

NLJ Career Profile: Bridget Tatham, Forum of Insurance Lawyers

NLJ Career Profile: Bridget Tatham, Forum of Insurance Lawyers

Bridget Tatham, partner at Browne Jacobson and 2026 president of the Forum of Insurance Lawyers, highlights the importance of hard work, ambition and seizing opportunities

Gibson Dunn—London partner promotions

Gibson Dunn—London partner promotions

Firm grows international bench with expanded UK partner class

Shakespeare Martineau—six appointments

Shakespeare Martineau—six appointments

Firm makes major statement in the capital with strategic growth at The Shard

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
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