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Law firm earnings up, but it’s taking longer for clients to pay

Law firm earnings up, but it’s taking longer for clients to pay

Law Society research Law firms’ earnings are on the rise but they’re waiting longer to get paid, new research produced by the Law Society has found. The Law Society’s 2025 Financial Benchmarking Survey reports a 6.1% increase in firm earnings…

Read More Law firm earnings up, but it’s taking longer for clients to payContinue

‘Failed SQE1 and lost my training contract — what now?’

‘Failed SQE1 and lost my training contract — what now?’

SQE student seeks advice In our latest Career Conundrum, an SQE student wants to know if anyone else is in the same pickle, and for your advice on what their next steps should be. “I sat SQE1 in January and, unfortunately,…

Read More ‘Failed SQE1 and lost my training contract — what now?’Continue

The best social media posts of the week   

The best social media posts of the week   

A round-up of online musings, memes and more Opening statements don’t get the same attention as closing arguments. Too bad. A good opening is a map for the jury… [Miller Leonard on LinkedIn] Well this didn’t age well… [Emma Geale…

Read More The best social media posts of the week   Continue

Business Secretary ‘corrects record’ on Addleshaw solicitor claim

Business Secretary ‘corrects record’ on Addleshaw solicitor claim

Addresses House of Commons Business Secretary Jonathan Reynolds Business Secretary Jonathan Reynolds has corrected the parliamentary record after scrutiny over a speech in which he described himself as having worked as a solicitor. In a point of order raised in…

Read More Business Secretary ‘corrects record’ on Addleshaw solicitor claimContinue

SQE results day reactions are taking over TikTok — and it’s emotional chaos

SQE results day reactions are taking over TikTok — and it’s emotional chaos

‘POV: you just opened your SQE1 results and…’ Earlier this week, aspiring solicitors across the country received their results for the first stage of the Solicitors Qualifying Exam (SQE). But this year, checking results wasn’t the only thing on their…

Read More SQE results day reactions are taking over TikTok — and it’s emotional chaosContinue

Why AI probably won’t disrupt law firms any time soon

Why AI probably won’t disrupt law firms any time soon

The idea that 25 year-old rookie solicitors earning nearly £200,000 are ripe for replacement by tech is appealing, but likely to be wrong In 2017 I remember a partner at a large City of London law firm telling me confidently…

Read More Why AI probably won’t disrupt law firms any time soonContinue

US lawyer jailed for faking Kirkland & Ellis experience to land six-figure legal roles

US lawyer jailed for faking Kirkland & Ellis experience to land six-figure legal roles

Also posed as a former footballer and ex-Marine A disbarred US lawyer who falsely claimed to have worked at top law firm Kirkland & Ellis has been sentenced to more than three years in prison after using a string of…

Read More US lawyer jailed for faking Kirkland & Ellis experience to land six-figure legal rolesContinue

SRA to fund disadvantaged SQE students using fines imposed on Kaplan

SRA to fund disadvantaged SQE students using fines imposed on Kaplan

£360k accumulated so far The Solicitors Regulation Authority (SRA) has established a new six-figure fund to support disadvantaged aspiring lawyers through the SQE, using financial penalties it has imposed on the organisation responsible for running the assessments. The regulator says…

Read More SRA to fund disadvantaged SQE students using fines imposed on KaplanContinue

Latham joins Kirkland in $7 billion revenue club

Latham joins Kirkland in $7 billion revenue club

Very (very!) strong financials Latham & Watkins has joined Kirkland & Ellis in the $7 billion revenue club after posting a record-breaking financial performance for 2024. The Los Angeles-headquartered firm saw its revenue surge 23% to $7 billion (£5.4 billion),…

Read More Latham joins Kirkland in $7 billion revenue clubContinue

Trump’s executive orders under siege — but is he already winning?

Trump’s executive orders under siege — but is he already winning?

As legal challenges mount, US President escalates his attack on law firms In just the first seven weeks of his presidency, the Trump Administration faced an astonishing 119 legal challenges — an average of two per day, according to data…

Read More Trump’s executive orders under siege — but is he already winning?Continue

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