Legal practice
Digital innovations and LPAs: navigating the future of legal practice
Lasting power of attorney and digital innovations go hand in hand but what does the future hold? Legal affairs can cover many different elements, but when we hear of lasting power of attorney (LPA) it has traditionally conjured images of extensive paperwork, face-to-face meetings, and intricate legal processes. However, with the introduction of digital innovations, […]
What to expect from a career as a sports lawyer
The role of a sports lawyer is often misunderstood. What can you expect from a career as a lawyer working in the world of sport? Sport is a multi-billion-dollar industry that is growing all the time. Huge deals and agreements are made in the world of sport, which means there is always a demand for […]
What are the funding options available for a law firm?
A growing alternative finance market runs alongside traditional bank lending and provides a variety of funding options for law firms. One common business area that benefits from funding is cash flow, whether the business is new are already well-established. Other scenarios where you may require finance include acquiring another law firm, restructuring debts, paying your […]
How does an SRA investigation affect a law firm?
Nothing strikes fear into the heart of a law firm more than the prospect of an SRA investigation and, in this article, we’re looking at what this is and, more importantly, the possible impact on the law firm. When a law firm finds itself the subject of scrutiny by SRA investigation solicitors, it can be […]
The rise of the fee-share model: how consultant law firms are changing the legal industry
There was a time when consultant law firms were a great option for lawyers who could afford to take a little bit of risk, or who were looking to downscale their career. That time, however, is far behind us; thanks to pioneering firms and recent events, the fee-share model has become more accessible and its […]
The vital importance of communication for leadership figures in the legal industry
Communication is one of the most critical skills for legal professionals and leadership figures alike. If you are in a leadership position within your law firm, it is crucial to understand how communication can benefit your position and help you be the best leader possible. Communication means more than simply getting information across to people […]
How to fulfil your SRA mandatory training
This year the end of CPD deadline falls on the 31st October 2022, which means that time is running out to comply with the SRA’s four domains for 2022. This means it is vital for solicitors to have a platform where they can quickly and easily evidence, organise, and track their CPD training to comply […]
What competencies are required of solicitors?
The Solicitors’ Regulatory Authority Competency Framework demonstrates what it takes to be a successful, competent professional. Within the framework there are a list of competencies that explain what is required from solicitors to perform their role effectively. These competencies are used to provide a clear indication of what is expected from a solicitor and the […]
How to set up your own legal practice
The process of setting up your own legal practice can be a daunting prospect without the right training or resources to help guide you through the job. However, once you have achieved all the key steps, such as gaining authorisation from the Solicitors’ Regulation Authority (SRA), it can also be an exhilarating experience. A key […]
Why join a virtual law firm like Scott-Moncrieff as a freelancer consultant solicitor?
More solicitors than ever before are choosing to join a virtual law firm – and for good reason. It is well documented that people work best when they are happy with their working environment, enjoy a good work-life balance, and feel rewarded for what they do. Joining a virtual law firm can give you increased […]
