News
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News
Quarterly pulse survey report: Q1 (January to March 2022)
For the last 20 years, the Law Management Section (LMS) has carried out an annual Financial Benchmarking Survey. It’s the leading survey for medium sized and smaller firms (SMEs) in England and Wales, providing participants with a bespoke report showing how their firm compares to similar firms.
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Financial Benchmarking Survey 2022 report
The Financial Benchmarking Survey 2022 presents financial performance data on the financial year from 31 March 2020 to 30 April 2021, the first full year during the pandemic with three national lockdowns.
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Quarterly pulse survey report: Q4 (October to December 2021)
For the last 20 years, the Law Management Section (LMS) has undertaken an annual Financial Benchmarking Survey.
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Law Management Section – quarterly pulse survey report – July - September 2021
For the last 20 years, the Law Management Section has undertaken an annual Financial Benchmarking Survey.
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Survey: Women in leadership in law – compensation and benefits
Take part in an anonymous survey to help Thomson Reuters investigate market trends in the role of compensation and women in leadership.
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Quarterly pulse survey report – April to June 2021
Our quarterly pulse survey is a barometer of business conditions for small and medium-sized solicitor firms.
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Solicitors’ Indemnity Fund extended to 2022
Following our request, the Solicitors Regulation Authority (SRA) has decided to extend the life of the Solicitors Indemnity Fund (SIF) for a further 12 months.
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New guide on remote supervision of junior staff and trainee solicitors
We’ve published new guidance on how to supervise and support junior staff and trainees via hybrid and flexible working models as firms and organisations look to return to the office.
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Quarterly pulse survey report – January to March 2021
Our quarterly pulse survey is a barometer of business conditions for small and medium-sized solicitor firms.
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News
Financial Benchmarking Survey 2021 report
The Financial Benchmarking Survey 2021 presents financial performance data on the financial year from 31 March 2019 to 30 April 2020, the year before the coronavirus (COVID-19) crisis began to affect the UK.
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Solicitors’ Indemnity Fund closure: prepare against future claims, solicitors warned
The Law Society has issued a series of warnings ahead of the closure of the Solicitors Indemnity Fund (SIF) on 30 September 2021 – a move that could leave former owners of law firms that shut in the past two decades liable for losses for any new claims.
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Support for getting workplace coronavirus tests
If your firm is interested in getting government support to provide free workplace testing kits, you must register your interest by Wednesday 31 March.
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Best of the web – February 2021
From re-thinking ditching your office space to why stepping into leadership could be the right move for you – here’s the latest news from the across the web for February 2021.
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Legal Services Board proposes 10-year strategy for legal sector
The Legal Services Board (LSB) has proposed a new 10-year strategy for the whole legal sector, and consulted on the proposals from 9 December 2020 and 5 February 2021.
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Law Society supports the #10000BlackInterns initiative
On 8 February 2021, the Law Society announced it has joined the #10000BlackInterns initiative and encourages law firms and legal businesses to do the same.
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Law Society publishes new suggestions for disability inclusion for smaller organisations
No matter how big or small your firm, in-house team or organisation, you can make a positive change to improve disability inclusion
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Updated anti-money laundering guidance from Legal Sector Affinity Group
The Legal Sector Affinity Group (LSAG) has updated its anti-money laundering (AML) guidance for the legal sector.
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Law Society Connect: the meeting place for small firm members
Law Society Connect is a new digital community where members meet, find tips and advice, share information and connect with other small firm practitioners.
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Legal services in national lockdown – 2021
The UK government has published guidance on the new national lockdown announced on 4 January 2021.
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Guide to legal services in the Brexit free trade agreement
On 24 December 2020, the UK and the EU reached a new Trade and Cooperation Agreement. The Law Society has published an initial analysis.