Clifford Chance eclipses UK elite as Global 100 unveiled

Magic Circle firm posts 16% PEP hike against 7% revenue increase Clifford Chance has emerged as the strongest-performing Magic Circle firm financially for 2013/14, as the UK elite all unveiled unaudited sterling figures to coincide with the launch of the Global 100 this month. The 3,000-lawyer firm has revealed a 7% rise in revenues to …

Strategic Recruitment: The Product

The debate over the value of partner recruitment has intensified in recent years. Legal Business analyses hiring trends at top 50 firms and assesses the link between lateral hiring and financial performance The mixed fortunes of law firms in recruiting partners can be summed up using a simple compare and contrast exercise. Compare the fanfare …

Where the bodies lie – the risk report 2014

  While the regulatory upheaval of recent years has calmed down, our annual risk report finds law firms facing many threats lurking around the corner In our seventh annual risk management and professional indemnity survey with broker Marsh, we asked law firms if they felt they had got to grips yet internally with the Solicitors …

Big data and AI will come to the fore as law firms expect tech to drive their businesses

Year-long study by legal technology body identifies future challenges Artificial intelligence (AI) and big data analytics will play a game-changing role within the legal sector as law firms emerge from a decade where they began to understand the power of technology, and to recognise they now have to put it at the heart of their …

Southern comfort: Blake Lapthorn, Boyes Turner and Morgan Cole in three-way merger talks

It would create a south-east giant with combined revenues approaching £100m but any potential tie-up between Blake Lapthorn, Boyes Turner and Morgan Cole could require some considerable rationalisation. The firms are currently in the very early stages in merger talks, potentially creating a firm with offices across the Midlands, south of England and Wales, employing …

Comment: Almost meeting minds – a select band of CIOs and MPs plot a big, big breakthrough

During the original dot-com boom, there was a brief period – oh so brief – when legal technologists and managing partners were almost on the same page. With both camps dreaming of dramatic use of IT projects to revolutionise the legal business – the era of Blue Flag – there were big sums signed off, …

Systems addicts – The CIO Power List

  With the use of data and technology increasingly central to a law firm’s success, the contribution of the individuals leading multi-million pound tech teams has never been greater. Meet the IT heads and chief information officers that stand out from the crowd. From law firm partners to former data analysts at banks, the individuals …

Knowledge is power – the future of legal tech

Effective use of technology and knowledge management tools are higher on a law firm manager’s agenda than ever before. Here we track the key developments that will shape the future of legal tech For insight into how important the role of the IT specialist is to the modern law firm, just ask Balfour Beatty’s head …