The Latest Insights

Advances in tech creates opportunities for dealmakers
Immense pressure to close deals faster and more cost-effectively is squeezing investment banks and private equity firms. Despite efforts to…

The resilient law firm: The state of play and the road ahead
Much has changed since the year began. Law firms kicked off 2023 with vigilance as demand fell, inflation soared, and…

Attracting talent in professional services (it’s not always the money)
The professional services sector is facing a skills crisis, which is creating significant operational risk for firms. According to Statista,…

Facing competing challenges of faltering legal demand and burgeoning technologies, the resilient law firm adapts and thrives
The legal industry continues to grapple with falling demand, profit margin erosion, soaring expenses, client pushback on fees, and growing…

The evolving role of the junior banker
The role of junior bankers and analysts has traditionally been associated with long hours, heavy workload, and repetitive tasks. It…

[Financial News Recap] Time to optimize: Facing down challenges through efficiency
In a live roundtable hosted by the Financial News in partnership with Williams Lea, Clare Hart, CEO of Williams Lea,…

Managing through uncertainty: Law firm business leaders discuss the challenge of falling demand and rising expenses
Despite growing revenues, law firms have become more expensive to operate and less profitable than 2022. Williams Lea CEO, Clare…

Unlocking the hidden value of data through workflow best practices
Data is the lifeblood of a successful business, and firms are investing in data infrastructure and related technologies at an…

With a shaky economy and continued pressure on legal fees, law firms seek levers to improve profitability
If we want to see just how quickly things change, all we have to do is look at the legal…

The people factor: Five ways law firm leaders can attract, nurture, and retain top talent
The recent UK Legal Office and Facilities Forum (LOAFF), hosted by Williams Lea, invited members to discuss and debate current…

AI technology, pricing demands and increased competition are driving law firm leaders to focus on efficiency and profitability
Artificial intelligence (AI) technology, digitization, client collaboration and profitability led the discussions at the 8th Annual Sandpiper Partners’ Managing Law…

UK law firms are finding that office flexibility is vital for success
The first Legal Office and Facilities Forum (LOAFF) of 2023, hosted virtually by Williams Lea, focused on the different approaches…

A look ahead: Law firms begin navigating a year of uncertainty
Is 2023 likely to bring significant change in the legal industry? This was the burning question at the 13th Annual…

What role does outsourcing play in today’s UK law firm?
At the Alternative Legal Management Summit, the last major UK legal management conference of 2022, Managing Partners, CEOs, CFOs and…

Technology can improve business processes, but people determine their success
A hallmark of successful businesses is that they are always innovating and improving the way they work. Streamlining processes, adopting…

Bracing for 2023: Law firms and their clients examine the expanding role of outside counsel guidelines
Law firms have displayed remarkable agility during the pandemic, overcoming business disruptions and adapting to constant workplace evolutions. With a…

Hybrid working requires dynamic thinking for long-term success
The annual People in Law Conference 2022 took place in London in late November, with a great turnout and many…

Law firm leaders and clients meet in London to discuss challenges and opportunities in the changing law firm landscape
As the world gradually moves away from pandemic-influenced virtual conferencing, it was exciting to see so many law firm leaders…