Legal Market Round-up: February 2013

No comments, posted on February 20, 2013

Partners at Salans, SNR Denton and Canadian firm Fraser Milner Casgrain (FMC) have ratified the firms’ three-way merger. All three firms approved the deal, with Salans partners asked to publicly state their voting preference in a firm-wide meeting on the 28 November 2012). The firm will be known as Dentons and will officially have no headquarters.

Legal-Market-Roundup

REUTERS/Jason Lee

Younger consumers attracted by idea of legal services from a supermarket. Nearly seven out of ten people are attracted to the idea of finding legal services on the internet and a similar number of younger adults are likely to go to supermarket providers, according to a survey.

Read more: http://www.legalfutures.co.uk/latest-news/younger-consumers-attracted-idea-legal-services-supermarket

Clifford Chance to slash 2015 trainee intake. Clifford Chance has confirmed that it will be cutting its trainee intake for 2015 from up to 120 to a maximum of 100.

The firm said the decision reflected the number of lawyers it expected to need in the UK in the coming years, and follows a redundancy round for London associates earlier this year resulting from a low attrition rate among newly qualified lawyers (NQs) (23 March 2012).

Read more: http://www.thelawyer.com/clifford-chance-to-slash-2015-trainee-intake/1015881.article

Trade union giant Thompsons is latest ABS. Trade union personal injury firm Thompsons has become one of the biggest practices yet to be licensed as an alternative business structure.

Read more: http://www.lawgazette.co.uk/news/trade-union-giant-thompsons-latest-become-abs

Lawyers fear lower profitability and having to turn clients away post LASPO. Lower profitability and the possibility of having to turn away clients are law firms’ main concerns ahead of implementation of the Legal Aid, Sentencing and Punishment of Offenders Act 2012 (LASPO), according to new research.

Read more: http://www.litigationfutures.com/news/lawyers-fear-lower-profitability-turn-clients-away-post-laspo

Masses of non-compliance by overwhelmed solicitors, research finds. There are widespread failures among law firms to comply with a host of key regulatory requirements, from their websites to the Bribery Act, new research seen exclusively by Legal Futures has shown.

Read more: http://www.legalfutures.co.uk/latest-news/masse-non-compliance-overwhelmed-solicitors-research-finds

Deloitte survey: growing number of large firms preparing for ABS conversion. The growing interest in alternative business structures (ABSs) among large law firms has been highlighted by another survey, with 46% of those polled saying they are likely to use the ABS regime in the next three years.

The poll by Deloitte and Winmark said the most notable change compared to 2011 is the proportion that are ‘very likely’ to convert, which was up to 23%.

Read morehttp://www.legalfutures.co.uk/latest-news/deloitte-survey-growing-number-large-firms-preparing-abs-conversion

Law firm websites ‘trail other sectors’. City firm Berwin Leighton Paisner and international firm DLA Piper have scored the highest in a survey of legal websites – which the authors say reveals that law firms have much to learn from other sectors.

Of 30 law firms surveyed by Last Exit, a digital strategy agency which benchmarks websites in different business areas, 18 had sites rated as mediocre and 12 as good. None achieved an excellent rating.

Government backs apprenticeship route to law. Apprenticeships equivalent to BA and MA degrees will soon be available as a route in to the law, the government has announced.

From next year, changes to the apprentices standards for England will mean that level six and seven apprenticeships – equivalent to bachelors and masters degree level – are available for the first time, making vocational learning an attractive alternative to the traditional higher education route, the Department for Business, Innovation and Skills said.

Read more: http://www.lawgazette.co.uk/news/government-backs-apprenticeship-route-law

From the week beginning January 28, 2013, videos of the Supreme Court justices as they give judgments will be uploaded on YouTube shortly after they are delivered in court. The videos will bring the country’s most important legal rulings to a much wider audience. The idea comes after the success of the Court’s live web streaming of proceedings through Sky News.

 

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