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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

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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