19 December 2024
It is a difficult and uncertain time for many in the legal sector, with high costs, rapidly evolving technology, and changing client demand posing challenges to firms. To meet these challenges and use potential opportunities, some firms are changing the ways they operate.
13 December 2024
This is the final report of research commissioned by the Solicitors Regulation Authority (SRA) and carried out by BMG Research, to better understand the high-risk market developments that law firms identify and how they mitigate these, where relevant.
20 November 2023
Read our Risk Outlook report, it outlines current and potential future developments, and what firms may need to think about to help them assess if and how they might be affected.
28 July 2023
Law firms of all sizes are currently managing regulatory risk in a period of economic uncertainty and this report helps identify and manage those areas of risk.
2 February 2023
Report focusing on distributed ledger technologies (DLTs) such as blockchain-based cryptocurrencies and their implications for legal services providers.
1 June 2022
The move to remote and hybrid working has driven successful innovation from firms. It also means they are more dependent on IT, so IT security is ever more important. This report gives a broad picture of information security and cybercrime threats.
1 June 2022
Risk is two sided. There are many threats in the market that firms need to be aware of, and which we advise firms of through our guidance and publications such as the Risk Outlook. But risk also covers opportunities. Missing them can be just as much of a threat as many of the hazards we warn about. This report covers what can be done by firms to seize some of those opportunities.
23 November 2021
This report looks at what defines the 'new normal: the shape of the legal market as it emerges from Covid-19. We give our view of the key changes, and the threats, opportunities and uncertainties that come from them.
16 November 2020
Welcome to our new Risk Outlook for 2020/21. The Outlook sets out our view on the key risks and challenges currently facing the profession, helping you to take steps to protect both your firm and your clients.
28 October 2019
Our annual Risk Outlook sets out what we think are the risks and the challenges faced by solicitors and law firms.