According to the Wolters Kluwer ‘Future Ready Lawyer’ survey, 76% of law firms prioritise legal technology as a key driver for future readiness.

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In-house legal departments are bracing for significant adjustments in their spending amidst the fallout of the global pandemic, according to a recent survey conducted by RollOnFriday.

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In today’s legal landscape, efficiency and cost-effectiveness are paramount for in-house legal departments striving to meet growing work volumes while managing budget constraints.

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Calculating the value of a law firm involves more than just traditional financial metrics.

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Recent research from PwC reveals a significant shift in priorities among law firms, emphasising the adoption of financial innovation to enhance client service and operational efficiency.

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The Covid-19 pandemic has catalysed a seismic shift in the legal industry, compelling law firms to embrace innovation and technological disruption to adapt to the new normal.

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In the dynamic landscape of litigation funding, advancements continue to shape the industry’s trajectory.

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The recent Reuters article ‘The Changing Role of in-house legal operations and procurement professionals’ emphasises the crucial impact of legal operations and procurement professionals on reshaping the legal landscape.

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In today’s digital age, the gap between law firms and their clients is becoming increasingly apparent.

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The evolution of litigation funding reflects a dynamic process of adaptation and growth, with past achievements laying the foundation for present developments and future innovations.

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At Taborns, we remain at the forefront of these transformative changes in dispute resolution.

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By staying ahead of industry trends and fostering collaborative partnerships, we empower businesses to achieve their legal objectives effectively and efficiently.

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Enhancing accessibility, efficiency, and reducing adversarial conflicts in resolving civil, family, and administrative disputes is transforming dispute resolution.

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Class action lawsuits have faced criticism for their association with an ambulance-chasing legal culture and the enrichment of lawyers. However, perceptions have started to shift.

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A recent report from legal industry advisers highlights a significant challenge facing the largest law firms in the UK and beyond – Tech.

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Litigation funding, where third parties finance legal claims in exchange for a share of the proceeds, has become a significant industry in the UK, now valued at £2 billion.

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Nearly one in ten chambers have admitted to failing to comply with the Bar Standards Board’s service and price transparency rules.

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In a new diversity push, two US based law firms have offered jobs to students with the promise that they will have tuition, living expenses, mentoring and a full time job on graduation.

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As we offer an unbundled service whereby a client could go to a solicitor for a service, and the solicitor recommends a non-legal step before taking the case further and formally advising, we find this an interesting development.

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