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Law firms must innovate to prosper

19 February 2015
Issue: 7641 / Categories: Legal News
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Innovation, “like breathing, is not optional if a firm wishes to prosper in a highly competitive legal services marketplace”, according to George Bull, chair of professional practices group, Baker Tilly, in a briefing to professional firms. He recommends that firms add value by providing services which clients are not paying for and do not expect. Innovation in a firm’s distinguishing features is important, he says, including “the style of delivery, value-added elements of the service and the cultural values of the firm”.

Issue: 7641 / Categories: Legal News
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MOVERS & SHAKERS

Gibson Dunn—London partner promotions

Gibson Dunn—London partner promotions

Firm grows international bench with expanded UK partner class

Shakespeare Martineau—six appointments

Shakespeare Martineau—six appointments

Firm makes major statement in the capital with strategic growth at The Shard

Myers & Co—Jess Latham

Myers & Co—Jess Latham

Residential conveyancing team expands with solicitor hire

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
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