Knowledge management in law firms has changed beyond recognition over the last few years. As a recent special report in The Lawyer highlighted, the KM conversation has moved from internal document creation and management to creating value for the client.
Manchester-based Express Solicitors reported a 21 per cent increase in fee income over the last 12 months, with end of year figures increasing from £7.2m in 2012/13 to a record £8.7m in 2013/14.
German firm Luther has reported a 12.4 per cent rise in revenue for the 2013/14 financial year, with domestic turnover breaking through the €100m barrier for the first time.
One firm moves its money to England, fearing a run on banks if UK splits apart
Aim-listed European IP group Murgitroyd saw its pre-tax profits drop by 10.9 per cent during the course of the 2013/14 financial year.
Scotland’s top independent firms have pulled out of the recession in earnest in 2013/14, with the top 20 turning over a combined revenue of £438.2m, a rise of 8 per cent on £406.9m the previous year.