Comment: The national market – brutally competitive but opportunity abounds

At one point in our Regional Insight report – a major collaboration with our colleagues at The Legal 500 included with this issue of Legal Business – one GC based in the North West discusses a recent pitch in which a City law firm came out best on price against regional rivals. Surprising as it …

How was it for you? – the people and events that defined the profession over 25 years of Legal Business

25 years ago Legal Business was launched to chronicle a rapidly changing profession in the wake of Big Bang. We look back to identify 25 defining figures, events and trends that shaped a world-beating profession. The curious nature of the legal industry means that as radically as things seem to change, they stay the same. …

The national market – brutally competitive but opportunity abounds

At one point in our Regional Insight report – a major collaboration with our colleagues at The Legal 500 included with this issue of Legal Business – one GC based in the North West discusses a recent pitch in which a City law firm came out best on price against regional rivals. Surprising as it …

Cyber risk moving up the in-house agenda

General counsel (GC) are increasingly involved in handling cyber security issues at board level, reflecting a more comprehensive shift towards effective risk management, research from Legal Business and PwC has revealed. In a survey of corporate attitudes to cyber security risk this autumn, which garnered more than 800 responses from a broad mix of senior …

Overview: Down in albion

Confidence is returning to the national UK economy, to the relief of clients and law firms alike. But, as our Regional Insight report shows, growth in legal services is still a relative term across local markets in continued flux. The outward indicators are generally strong. Based on economic forecasts in 2014 from the likes of …

The Friday Edit: Property is hot once more and the dangers of upsetting Susan

We’re halfway through November and it’s Friday, so here’s our regular look back at some of the stories that have drawn everyone’s attention over the last five days. For access to subscriber content, click here for full access to Legal Business or contact mark.proudley@legalease.co.uk. Also, a friendly reminder that the deadline for submissions for the …

Comment: Magic Circle real estate withdrawal isn’t a myth, but it’s not that simple

In a 2011 piece on the decimated real estate market in the City, we noted that few senior property partners were in their mid-40s, due to the fact that law firms largely ceased hiring junior real estate lawyers following the early ’90s crash. It looks like history will repeat itself in roughly 15 years’ time: …

Magic Circle real estate withdrawal isn’t a myth, but it’s not that simple

In a 2011 piece on the decimated real estate market in the City, we noted that few senior property partners were in their mid-40s, due to the fact that law firms largely ceased hiring junior real estate lawyers following the early ’90s crash. It looks like history will repeat itself in roughly 15 years’ time: …

The Knowledge Management Report – 20 standout teams in the know

Knowledge in law firms remains crucial but hard to capture. In a special report, we assess the standout KM teams aiming to give their lawyers an edge and clients the intelligence they crave. Not so long ago, access to the knowledge management (KM) function at a law firm meant running the gauntlet to avoid confrontation …