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August 2026 legal market roundup: Consolidation continues as scrutiny of growth increases
August 2026 legal market roundup: Consolidation continues as scrutiny of growth increasesAugust has brought another busy month for the legal market, with mergers, acquisitions and private equity activity continuing at pace. At the same time, the regulatory...
How to improve law firm profitability and ensure positive cashflow
How to improve law firm profitability and ensure positive cashflowProfits and positive cashflow are extremely important for law firms as they serve as a measure of the financial success and sustainability of the business. If a law firm isn’t making a profit and...
What Happens if My Firm Becomes Insolvent?
What Happens if My Firm Becomes Insolvent?Financial difficulties can affect any law firm, regardless of its size or reputation. Rising overheads, delayed client payments, increased regulatory costs and changing market conditions have all placed pressure on legal...
Law firm closing: Orderly closure ensuring SRA compliance
Law Firm Closing: Orderly Closure Ensuring SRA ComplianceLaw firm closing: Planning for an orderly closure The closure of a law firm is a significant undertaking that requires careful planning, professional management, and strict compliance with Solicitors Regulation...
Delta Legal – Individual Voluntary Arrangement
Delta Legal – Individual Voluntary ArrangementEstimated WIP £1.2 MAlternative offer £1.5 KValue Realised £1.5 MThe challenge Claimant personal injury firm entering an IVA following market reforms. Required a compliant external run-off of its live caseload. Recovery...
July 2026 legal market roundup: M&A accelerates as funding risks come into focus
July 2026 legal market roundup: M&A accelerates as funding risks come into focusJuly was another busy month for legal sector consolidation. Private equity-backed groups, regional firms, employee-owned practices and specialist platforms all announced deals, while...