News & Views

The UK government estimates that artificial intelligence (AI) will be worth around £1 trillion to the UK economy by 2035, and with its potential advances and efficiencies at the forefront of nearly every industry’s agenda, mapping out how that technology can be used is essential.

B Corp certification is gaining traction across many industries and the legal sector is no exception. For law firms, becoming a certified B Corp demonstrates a commitment to balancing purpose and profit. But is it right for your law firm?

The Autumn Budget 2024 has brought significant changes to the legal landscape of Employee Ownership Trusts (EOTs). These reforms, while aimed at safeguarding the integrity of EOTs, have introduced complexities that businesses considering this ownership structure must navigate.

When a tech developer and customer come together, the main focus of the initial conversations is always around what the tech will do and how exciting the new tool will be for the businesses involved. In this situation, you want your solicitors to balance being both the enablers of the deal and the worrywarts of the details. One of the key areas that can stifle those conversations however is that of ownership.

Over the last year or so there has been considerable hype about our legal jobs potentially being taken away by artificial intelligence (AI). With the passage of time though, we now seem to be on the path to acceptance of AI within our working lives.

As regulatory advisers, we’ve seen a recent flurry of enquiries for regulatory advice on damage waivers and the contractual drafting of them.

Running a club is not an easy job. With the senior members often having so many tasks to consider, it is easy to forget to occasionally take that step back and check that the overall operation of the club is still fit for purpose.

It is estimated that cybercrime cost the UK economy around £27 billion in 2022, rising to £30.5 billion in 2023 and expected to increase again in 2024. On a global scale, the figure is in the multi-trillions. So, it’s not surprising that legislators are looking at how best to tackle this problem - especially within the financial sector.

This article looks at the SRA’s Consumer Protection Review and its potential impact on regulated firms.

The application of artificial intelligence across all industries is growing exponentially, most notably in the sport sector.