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Easing of tax rules for divorcing couples confirmed
Easing of tax rules for divorcing couples confirmed

New legislation easing the tax rules for divorcing couples has received Royal Assent.  This confirms announcements made by the Chancellor in the Spring Budget 2023.  The changes apply in relation to disposals of assets made on or after 6 April 2023.   What were...

Digital Opportunities in Conveyancing
Digital Opportunities in Conveyancing

A recent study from the Digital Conveyancing Maturity Index found that the average digital maturity of law firms in England and Wales was 43%. Furthermore only 5% of law firms scored higher than 80%. This will perhaps come as a shock too many considering the pandemic...

Legal sector continues to grow in July
Legal sector continues to grow in July

Recent statistics have revealed that the legal sector has defied predictions of a slowdown. Data from the Office for National Statistics has revealed that turnover for the legal sector for July was £3.7bn, an 8.3% increase from July 2021 (£3.4bn) and a 2.2% increase...

Larger volume of work for in-house lawyers
Larger volume of work for in-house lawyers

Recent sector research has found that the biggest challenge facing in-house legal teams is managing risk whilst prioritising large volumes of work. It is important to note that this was a global survey formed of 169 legal, risk and compliance professionals. Over 20%...

SRA Confirms Fining Power Increase to £25,000

Towards the end of 2021 the SRA announced that they were proposing an increase in fining powers from £2,000 to £25,000. In addition, the regulator announced the development of a new fast track system for ‘fixed penalties’ for low-level offenses. It was recently...

Reshaping Legal Services

The LSB (Legal Services Board) has developed a new website called reshapinglegalservices.org.uk. The new website aims to present research and insight about the future of legal services from lawyers, regulators, tech experts and consumers. The idea behind the website...

Utilisation of Legal Data

What is Legal Data? Legal data is information classified as regarding law and is generated from multiple formats including time recording, knowledge banks, spreadsheets, legal documents, billing systems and more. This data is used in all areas of practice law. It is...

Legal Sector Salaries Set to Climb in 2022

It’s no secret that many sectors are facing severe wage inflation with many locked in ongoing battles to retain their best staff. Indeed, as the economy begins to open up as Omicron-related restrictions are eased, many legal firms in particular are facing a backlog of...

Easing of tax rules for divorcing couples confirmed
Easing of tax rules for divorcing couples confirmed

New legislation easing the tax rules for divorcing couples has received Royal Assent.  This confirms announcements made by the Chancellor in the Spring Budget 2023.  The changes apply in relation to disposals of assets made on or after 6 April 2023.   What were...

Digital Opportunities in Conveyancing
Digital Opportunities in Conveyancing

A recent study from the Digital Conveyancing Maturity Index found that the average digital maturity of law firms in England and Wales was 43%. Furthermore only 5% of law firms scored higher than 80%. This will perhaps come as a shock too many considering the pandemic...