ABS News and Analysis


Nottingham Law School becomes 'teaching law firm' with grant of ABS license

9-Oct-2015 | By Richard Simmons

Nottingham Trent’s law school has become a ‘teaching law firm’ with the grant of Alternative Business Structure (ABS) status.

Jeff Winn

Multi-millionaire PI lawyer Winn reveals how to build a business

30-Sep-2015 | By Katy Dowell

Across the personal injury (PI) claims market firms are feeling the force of the fixed-fee system first brought about by the Jackson reforms. Profit margins are under attack. 


Riverview Law: can artificial intelligence change the business of law?

10-Sep-2015 | By Katy Dowell

Riverview Law entered the market in a blaze of publicity. Growth has been rapid and now the legal service provider is banking on the use of artifical intelligence to put it ahead of the competition.


KPMG legal beats £10m revenue target in first year

4-Sep-2015 | By Katy Dowell

Revenues generated by KPMG’s legal business are set to exceed the £10m target it set last October when it was granted an ABS licence.


Fairpoint sees turnover rise 64 per cent at half year

3-Sep-2015 | By Jonathon Manning

The Fairpoint Group has seen its turnover rise 64 per cent for the first six months of the current financial year, largely due to its acquisition of Simpson Millar and Foster & Partners last year.

PwC Pricewaterhouse Coopers

Revenue growth gathers pace at PwC Legal as turnover hits £41m

3-Sep-2015 | By Katy Dowell

PwC Legal, PricewaterhouseCoopers’ law firm, has pushed up revenue by 15 per cent in the last year with turnover of £41m for the financial year ending 30 June 2015.

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Slater & Gordon’s UK revenue up 48 per cent as global turnover hits £243m

28-Aug-2015 | By Jonathon Manning

Slater & Gordon has announced that group revenue has soared 27 per cent from A$411.1m to A$521.9m (£242.9m) for the 2014/15 financial year.


Aspire Law and Buckingham hospital provide rehab to clients

27-Aug-2015 | By Jonathon Manning

ABS Aspire Law has entered into a joint venture agreement with the Royal Buckinghamshire Hospital to create a service where clients with severe spinal injuries can receive rehabilitation treatment.


Keoghs in discussions over Plexus tie-up

25-Aug-2015 | By Jonathon Manning

Keoghs Solicitors is rumoured to be in talks to acquire defendant insurance firm Plexus Law in a deal which would create a £145m turnover firm.


Irwin Mitchell earmarks further acquisitions as profit and turnover rise

19-Aug-2015 | By Joanne Harris

Irwin Mitchell has announced a 3.9 per cent rise in turnover for 2014/15 along with a 6 per cent increase in profit before tax in the wake of another acquisitive year.

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Slater & Gordon under scrutiny as SFO investigates Quindell

7-Aug-2015 | By Katy Dowell

It has been one of the largest acquisitions made by a firm to date, but this week Slater & Gordon (S&G) sought to put some distance between it and the historical accounting practices of Quindell as the latter came under investigation from the Serious Fraud Office (SFO).


Keystone Law picks up 20 lawyers from Pinsent Masons, Hogan Lovells and Foot Anstey

24-Jul-2015 | By Tabby Kinder

Dispersed firm Keystone Law has made 20 lateral partner and senior lawyer hires in recent months, including a team from Hogan Lovells and former practice heads from firms including Pinsent Masons and Sheridans.


Bates Wells Braithwaite sees 12 per cent jump in revenue to £20m for 2014/15

20-Jul-2015 | By Natasha Bernal

City firm Bates Wells Braithwaite (BWB) has posted a 12 per cent increase in turnover from £18.26m to £20.38m in the 2014/15 financial year.


Knights to open office in Derby after doubling turnover to £20m in 2014/15

25-Jun-2015 | By Natasha Bernal

Private-equity backed firm Knights is set to open a Derby office in August following the doubling of its turnover to a projected £20m in 2014/15.

jo index

The public sector’s not what it was – it's much better

1-Jun-2015 | By Joanne Harris

Life has been tough for the public sector in the past few years, with spending cuts hitting home.

Editor's Note

Pricing matters for firms small and large


How much pressure is on smaller law firms? The Lawyer’s brand new report in this year’s UK 200 series, which analyses those in the lower 100 group by revenue, suggests the answer is simple: tons.

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Management News


Exclusive: HMRC prepares for judicial review into Manches administration

29-Sep-2015 | By Tabby Kinder

The creditors of liquidated firm Manches are seeking legal advice to bring a judicial review of the Solicitors Regulation Authority’s (SRA) handling of the liquidation after being left with a £4.2m shortfall in tax receipts.


Exclusive: KWM completes "partnership review" with equity exits imminent

9-Jul-2015 | By Tabby Kinder

King & Wood Mallesons (KWM) has reviewed its UK partnership with up to 15 partners to depart the firm with immediate effect.

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Hogan Lovells executive manager May joins 42 Bedford Row chambers as CEO

24-Apr-2015 | By Tabby Kinder

Hogan Lovells executive manager Neil May has been appointed chief executive of common law set 42 Bedford Row following a unanimous vote by the chambers’ executive board.

cape of good hope, south africa

Webber Wentzel's Sally Hutton: We want to be the dominant South African law firm

27-Mar-2015 | By Joanne Harris

The Lawyer’s Africa Elite report is published on Monday (30 March). Ahead of that the first-ever managing partner of Webber Wentzel, one of South Africa’s oldest and largest firms, unveils her plans for the future.

Neville Eisenberg top story

BLP's outgoing managing partner Eisenberg wins senior partner role

26-Mar-2015 | By Natasha Bernal

Berwin Leighton Paisner managing partner Neville Eisenberg has been appointed in an uncontested election to a four-year term as the firm’s senior partner, effective from 1 May.


Noerr continues run of growth with 7 per cent turnover rise in 2014 to €197.2m

26-Mar-2015 | By Joanne Harris

German firm Noerr has announced another strong year with turnover rising by 7 per cent to €197.2m (£145.2m) for 2014, up from €184.5m the previous year.

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Management Analysis


When management fails: a tale of Scottish law firm collapse

8-Oct-2015 | By Margaret Taylor

Collapses among big Scottish law firms had more to do with management failings and the partnership system than big bank-mania and ‘Scottishness’. 


Survivors: Austria special report

5-Oct-2015 | By Jonathon Manning

Hit hard by the 2008 crisis, Austria’s businesses and law firms have found a variety of ways to adapt to the changed environment.


International Top 30 Firms in London 2015: the executive summary


This year’s International Top 30 reveals a market in excellent health. As this executive summary of the report shows, taking just revenues alone, these firms’ finances have gone through the roof.

Merger mania

Mergers: bigger is not always better

27-Apr-2015 | By Natalie Stanton

Merger activity over the past three years shows a trend for consolidation, but UK 200 data shows not all tie-ups create a better balance sheet.

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Hot 100: management roundtable – Who dares, wins

13-Apr-2015 | By Catrin Griffiths

The legal market is having to adjust to a rapid pace of change, but there’s all to play for if you’re willing to break the mould. A selection of this year’s Hot 100 tell us their game plan.

barrister bar bptc

Blackstone hunts for juniors to plug gaps as elite bar talent war rages

17-Mar-2015 | By Tabby Kinder

Blackstone Chambers is looking to recruit junior tenants this year after losing a number of its mid-level commercial barristers.

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