Finance News – Law Firms
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Burford Capital seeks to buy equity stakes in US law firms
Burford Capital aims to invest in American legal practices through new corporate models that potentially bypass existing regulations prohibiting non-attorneys from owning part of t...
Read Full Article →FBI warns of ‘fictitious law firms‘ targeting crypto scam victims
The alert highlights potential financial threats where individuals posing as legal experts may exploit those affected by cryptocurrency fraud to unlawfully obtain money or sensitiv...
Read Full Article →Fake Law Firms Targeting Crypto Scam Victims, FBI Warns
Cybercriminals impersonating legal and government officials are exploiting previous cryptocurrency scam victims, aiming to deceive them into fraudulent transactions that result in...
Read Full Article →Lawsuits piling up against Strategy could take years, go nowhere, lawyer says
The multiple legal actions involving Strategy may result in prolonged litigation that could impact the company's financial stability, depending on how the cases are resolved over t...
Read Full Article →Inside the AI boom that's changing how Big Law attorneys work
The adoption of advanced artificial intelligence technologies in major legal firms is driving cost efficiencies and reshaping revenue models within the traditionally high-fee legal...
Read Full Article →Rachel Reeves should end national insurance loophole for law firms | Letters
Adjusting national insurance regulations for partners in major law firms could generate significant government revenue without increasing taxes on regular employees.
Read Full Article →Law firms' new competition is small, fast, cheap, and AI-driven — and it's not a law firm at all
Emerging technology-driven entities outside traditional legal sectors are transforming the market by offering affordable and efficient services, which could significantly impact la...
Read Full Article →Private equity eyes legal market, but not all law firms are viable for investment
Private equity firms are increasingly considering investments in the legal sector due to its profitability, although only certain law firms meet the financial and operational crite...
Read Full Article →Businesses rethink legal strategy as costs of lawyers surge
Companies are allocating more legal responsibilities to internal departments to manage rising expenses associated with external legal services and maintain better control over thei...
Read Full Article →Mid-tier law firms increase bonuses for juniors working long hours
Several mid-level legal practices have raised compensation for junior employees as an incentive to acknowledge and reward extended working hours and higher billable targets.
Read Full Article →UK law firms look for novel way to trump US pay supremacy
UK law firms are exploring innovative strategies to gain a competitive edge over US firms, especially in light of recent challenges facing the US legal market that could create new...
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