Align success measures with your law firm’s core values for long term success
What sets you apart from your competitors? How does your team’s core values help you deliver a service that sets you apart from the competition and help you retain – and win – business? In the latest LPM Frontiers report, 62% of SME law firms reported that firms entering their geography pose the biggest risk, […]
CMA outlines growing concerns in markets for AI Foundation Model
As the legal sector sees an increase in usage of generative AI such as ChatGPT, the Competition and Markets Authority(CMA) in the UK have expressed ‘concerns’ with the utilization of more diverse Foundation Model AI in a rapidly accelerating market. The authority has outlined risks to effective competition in AI Foundation Models(FM) and has set […]
Leasehold reforms: Ground rent caps set at £250, phased out over 20 Years
Michael Gove’s plans to abolish leasehold have been scaled back, with a compromise reached to cap ground rents at £250 annually. Despite Treasury resistance, Rishi Sunak overruled objections, signalling a partial victory for Gove. The decision, expected to be announced imminently, aims to alleviate the burden on leaseholders, who have long been trapped by escalating […]
Extension of Japanese Knotweed responsibilities ‘leaves vendors open to litigation’
The updated TA6 property information form, released by the Law Society in the past week, places a new onus on vendors to be clearer about the risks posed by the incursion onto the property of Japanese Knotweed, and failure to properly identify the risk could lead to more claims warns CLS Property Insight, who point […]