Benchmarking costs of law practice in New Zealand

The Law Society’s Costs of Practice Report for March 2024 provides a detailed analysis of the expenses associated with law practice in New Zealand. It highlights the increasing overhead costs across different types and sizes of law practices, with a specific focus on staff-related costs as the primary expense driver, escalating significantly each year. The…

Law Society of Ontario provides comprehensive guidelines on the use of generative AI in legal practices

The April 2024 Futures Committee Report of the Law Society of Ontario provides comprehensive guidelines on the use of generative AI in legal practices. It emphasises the rapid evolution and integration of generative AI technologies, urging legal professionals to embrace these advancements while considering the ethical and professional implications. The report outlines the potential of…

Legal Services Board of England and Wales issues guidance on promoting technology and innovation to improve access to legal services

The Legal Services Board (LSB) of England and Wales has issued guidance aimed at promoting the use of technology and innovation within the legal sector to improve access to legal services. This guidance outlines three main outcomes that regulators should strive to achieve: enabling the use of technology and innovation to support improved access to…

Brought to you by ICLR.