Research - Page 7
More than a third of world’s top law firms exacerbating climate crisis, study claims
Law Firm Climate Change scorecard shows most firms received D or F grades for their efforts to address global warming
Number of legal professionals using Gen AI jumps sharply over past year, study shows
Thomson Reuters survey shows that 26% of legal professionals are using Gen AI, up from 14% a year ago
PE-backed law firms outpace UK top 50 revenue growth, study shows
Firms backed by private equity grew revenue by 30% over past two years, compared to 15% for the UK’s largest firms
London edges ahead of Singapore as top go-to jurisdictions for international arbitration, study finds
White & Case survey shows seats continue to be favoured for their reliability, legal infrastructure and recent reforms
Law firms must ‘rethink roles’ when accepting clients to combat corruption claims
Institute of Business Ethics taskforce challenges legal profession to act as ‘steward of public trust’
In-house lawyers say ‘empathy’, ‘soft skills’ critical as AI advances, study finds
Simmons in-house counsel survey seeks to understand what legal profession will look like in 10 years
IBA announces next phase of its gender equality project
Second stage of the 50:50 by 2030 study will include a global survey of women lawyers
Mid-market UK firms grew turnover by 6% in 2024 amid rising costs
Law Society report warns firms to wean themselves off reliance on client interest for profit boost
PE investment in UK legal sector hits record high
Investment of £534m last year boosted five-year figure to £1.2bn, according to research by Acquira
European CLOs see responsibilities grow beyond legal advice, ACC study finds
Almost three-quarters of European CLOs now oversee multiple corporate functions
Legal sector is still unprepared for AI, IBA report highlights
The Future of Legal Services - White Paper 2024 reveals that legal professionals don’t consider AI a short-term priority
AI could shape future of arbitration, Freshfields claims in report
Geopolitical shifts, Russian disputes and ESG also flagged as key trends in 2025 arbitration report
AI-related filings drive increase in US securities class action lawsuits in 2024
Plaintiffs filed 225 lawsuits in total last year, up from 215 in 2023, Cornerstone and Stanford Law School study finds
US firms grew revenue by 12.5% in bumper 2024
Billing rate hikes and transactional practices drive growth as Am Law 50 firms leave smaller rivals trailing, according to report by Wells Fargo
Value of ALSP market climbs to $28.5bn
Growth in demand for alternative legal services far outpaces traditional law firm segment, according to Thomson Reuters