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Ian Johnson HonFILFM
 

Impact of negative interest rates on law firms

  • Posted

At the time of writing, bank interest rates are sitting at an all-time low of 0.1%. Only a couple of years ago, a rate as low as this, let alone a sustained hold at this level, seemed inconceivable and yet we now face a possibility, if not likelihood, of...

Coronavirus and the impact on UK law firms - one month on...

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The ILFM has now run a second follow up survey in conjunction with Saffery Champness to understand the impact on UK law firms and their strategies around furloughing their staff members. Furloughing – where are we now? At the...

Coronavirus and the impact on UK law firms

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The ILFM has run a survey in conjunction with Saffery Champness to understand the impact on UK law firms and their strategies around furloughing their staff members Introduction We are living through deeply challenging and, for many, distressing times....

Updated guidance for law firms from the SRA

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02 Apr 2020 It has only been a couple of days since we made firms aware of new guidance relating to the SRA’s Accounts Rules and, in particular, the considerations for firms where there may be a delay in obtaining an...

COVID-19 and the regulatory landscape for law firms

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30 Mar 2020 The last month has been enormously challenging for businesses across the globe and with the professional landscape changing on a daily basis, law firms may be struggling to keep abreast of the issues affecting...