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31 July 2024
Issue: 8082 / Categories: Legal News , Profession
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UK legal services market second only to the US globally for fee revenue

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The legal services sector generated turnover of £47.5bn in the UK in 2023, according to the Legal Services Board (LSB) annual report

It highlights that the UK legal services market is second only to the US globally for fee revenue, and employed about 368,000 people last year (not including the in-house side of the profession, where 26% of solicitors were based in 2022).

The LSB’s expenditure of £4.659m was within 1% of its £4.679m budget, and it returned £129,000 as a rebate on the levy in the next financial year.

Alan Kershaw, Chair of the LSB, said: ‘High-profile matters such as the Post Office IT Horizon scandal and the collapses of Axiom Ince and SSB Law reinforce the importance of effective regulation, consumer protection and high standards of professional ethics.’

Issue: 8082 / Categories: Legal News , Profession
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MOVERS & SHAKERS

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Firm expands with new Grimsby office to serve North East Lincolnshire

Slater Heelis—Will Newman & Lucy Spilsbury

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Property team boosted by two solicitor appointments

NEWS
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The Supreme Court has delivered a decisive ruling on termination under the JCT Design & Build form. Writing in NLJ this week, Andrew Singer KC and Jonathan Ward, of Kings Chambers, analyse Providence Building Services v Hexagon Housing Association [2026] UKSC 1, which restores the first-instance decision and curbs contractors’ termination rights for repeated late payment
NLJ this week: Old rules, fresh warnings in employment law
Secondments, disciplinary procedures and appeal chaos all feature in a quartet of recent rulings. Writing in NLJ this week, Ian Smith, barrister and emeritus professor of employment law at UEA, examines how established principles are being tested in modern disputes
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The AI revolution is no longer a distant murmur—it’s at the client’s desk. Writing in NLJ this week, Peter Ambrose, CEO of The Partnership and Legalito, warns that the ‘AI chickens’ have ‘come home to roost’, transforming not just legal practice but the lawyer–client relationship itself
NLJ this week: Surrogacy children caught in succession gap
A High Court ruling involving the Longleat estate has exposed the fault line between modern family building and historic trust drafting. Writing in NLJ this week, Charlotte Coyle, director and family law expert at Freeths, examines Cator v Thynn [2026] EWHC 209 (Ch), where trustees sought approval to modernise trusts that retain pre-1970 definitions of ‘child’, ‘grandchild’ and ‘issue’
NLJ this week: Online safety law at a crossroads
Fresh proposals to criminalise ‘nudification’ apps, prioritise cyberflashing and non-consensual intimate images, and even ban under-16s from social media have reignited debate over whether the Online Safety Act 2023 (OSA 2023) is fit for purpose. Writing in NLJ this week, Alexander Brown, head of technology, media and telecommunications, and Alexandra Webster, managing associate, Simmons & Simmons, caution against reactive law-making that could undermine the Act’s ‘risk-based and outcomes-focused’ design
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