Business management

My LS

Our practice notes, guides and other resources will help support solicitors and practice managers in managing and growing their practices. We also provide advice and support if you need to close or merge your firm.

Resources

Managing and closing files

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Brexit and the legal profession28 Jul 2021
Business development for law firms07 Oct 2019
Client funds20 Apr 2020
Closure of the Solicitors Indemnity Fund06 Sep 2021
Coronavirus (COVID-19) information for legal services07 Jul 2021
Coronavirus (COVID-19): practical support for your business, family and finances07 Apr 2021
Coronavirus Job Retention Scheme: guidance for law firms07 Jul 2021
Doing legal business in Japan07 Jul 2021
EU mobility after Brexit: practice rights and rules in EU 27 member states28 Jul 2021
End of transition period guidance: trade in legal services16 Oct 2020
England and Wales as an open jurisdiction to European and foreign lawyers after Brexit19 Mar 2021
Help for solicitors facing financial difficulty14 Sep 2020
Introduction to lawtech06 Oct 2019
Joint Law Society and City of London Law Society Q&A on the PSC Register08 Nov 2019
Joint guidance on changes to the City Code on Takeovers and Mergers28 Jun 2021
LawTech Delivery Panel11 Oct 2018
Legal services in the Brexit free trade agreement29 Dec 2020
Managing and closing files10 Mar 2020
Notes on intra-group guarantees and intra-group loans05 Jun 2018
Our position on the use of virtual execution and e-signature during the coronavirus (COVID-19) pandemic06 Jan 2021
Ownership of documents12 Mar 2020
PII buyers' guide14 Sep 2020
Practical framework for law firms and sole practitioners on return to the office13 May 2021
Q&A on how to use electronic signatures and complete virtual executions 06 Jan 2021
Renewing your firm’s professional indemnity insurance20 Jul 2021
Setting up a lawtech start-up01 Dec 2020
Signing and exchanging documents07 Oct 2019
Solicitors on demand: legal secondments02 Oct 2020
Sources of complaints03 Jan 2020
Support for law firms29 Sep 2020
Travelling to the EU on business after Brexit04 Aug 2021

APPG on Legal and Constitutional Affairs report: The effect of Brexit on legal services22 Oct 2018
Annual Statistical Report 201401 Jan 2015
Annual Statistics Report 201718 Jun 2018
Annual Statistics Report 201807 Oct 2019
Annual Statistics Report 201919 Oct 2020
Annual firm survey 2014/15: Snapshots from the results 29 Jan 2016
Blockchain: The legal implications of distributed systems01 Aug 2017
Capital allowances - seizing the opportunity26 Mar 2015
Capturing technological innovation in legal services report25 Jan 2017
Categories of work undertaken by solicitors 201507 Dec 2015
City Legal Index14 Dec 2017
Climate change risks – the future of law as we know it?18 Feb 2021
Contribution of the UK legal services sector to the UK economy report23 Jan 2020
Economic value of the legal services sector report22 Mar 2016
Forecasting economic activity levels in the legal activities sector09 Sep 2021
Future Worlds 2050 project26 Jul 2021
Future Worlds 2050: images of the future worlds facing the legal profession 2020-203008 Jun 2021
Larger law firms COVID-19 survey01 May 2020
Lawtech Adoption Research report14 Feb 2019
Lawtech and ethics principles report28 Jul 2021
Lawtech: a comparative analysis of legal technology in the UK and in other jurisdictions03 Dec 2019
Legal needs of individuals in England and Wales report27 Jan 2020
Legal services sector forecasts22 Aug 2018
Online survey of individuals’ handling of legal issues in England and Wales 201525 May 2016
Research Roundup - issue 4, Winter 201612 Jan 2017
Research Roundup - issue 5, Spring 201725 May 2017
Research Roundup - issue 6, autumn 201717 Oct 2017
Research to inform workforce planning and career development in legal services06 Dec 2019
Solicitors’ salaries in 201623 Oct 2017
The UK-EU future partnership – legal services sector01 Aug 2019

Alternative business structures28 Jul 2021
Closing down your practice: regulatory requirements14 Sep 2021
Cloud computing18 Aug 2020
Compliance officers14 Sep 2021
Entity-based regulation02 Jan 2020
Equality Act 201002 May 2012
Execution of a document using an electronic signature21 Jul 2016
Execution of documents by virtual means16 Feb 2010
File closure management23 Jan 2020
File retention: trusts24 Jan 2020
File retention: wills and probate01 Nov 2018
Freelance solicitors13 Jul 2021
Outsourcing09 Sep 2021
Professional indemnity insurance02 Nov 2018
Protection for client accounts27 Nov 2019
Reorganising your business: Employment law implications25 Jul 2016
Residual client balances09 Sep 2021
Setting up a practice: regulatory requirements02 Dec 2019
Social media05 Dec 2019
Solicitors offering legal services to the public from unregulated entities13 Jul 2021
Tax for sole practitioners08 Dec 2014
Using lawtech in your practice21 May 2020

Are fees for swearing oaths, affidavits and taking declarations subject to VAT?29 Apr 2019
Are solicitors exempt from jury service?21 Feb 2019
As my firm’s COLP, how can I protect myself from personal liability?09 Nov 2020
Can I access the Law Society library services remotely?21 Sep 2020
Do I have to give the oath fees I receive to my new firm's partners?30 Sep 2019
Do I have to pay trainees the Law Society's minimum salary?16 Sep 2019
Do partners have to sign bills?26 Feb 2019
How long can I retain a private client file for?15 Aug 2019
Should we quote our account number on bills?01 Jul 2020

Barclays Eagle Lab19 Feb 2019
Law and justice snapshot: solicitors and law firms mapped in constituencies23 Oct 2020
Procurement Protocol20 Apr 2017

Economic crime levy23 Sep 2021
Lawtech programme and events19 Jan 2021
No retrospective effect for revised VAT treatment of early termination fees and compensation payments27 Jan 2021
Quality indicators in the legal services market22 Apr 2021
UCL review of legal services regulation11 Jun 2020

Reset, Resilience and Recovery

We're supporting solicitors and firms to reset their practices to best serve their clients, increase business resilience and drive the recovery after coronavirus.

Solicitor working from home during the coronavirus pandemic

News and articles

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Women in Leadership in Law
Feature

Denzel Washington is right! Three key steps firms must take for diversity and inclusion

Diversity and inclusion (D&I) advocate Dr Funke Abimbola MBE explains the three key steps firms must take to create a truly inclusive workplace, and why D&I can no longer be viewed as a box-ticking exercise to win new clients.

27 Sep 2021

Diversity and inclusion
Press release

New guidance seeks to improve disability inclusion in the legal profession

Employers in the legal sector have been provided with guidance by the Law Society and Cardiff University, outlining the reasonable adjustments firms and organisations could make to help them recruit and employ disabled staff.

27 Sep 2021

Lawyers with disabilities
Guide

Reasonable adjustments in organisations – best practice for disability inclusion

We've created best practice guidance for disability inclusion to help organisations better understand their legal obligations in terms of reasonable adjustments, and how to implement them.

24 Sep 2021

Small firms
Partner content

Tech for law firms in 2021 – it’s now about the personal touch

Dave Seager explains why embracing technology in 2021 goes far beyond recognising the SRA’s focus on tech – it can enhance your client relationships to a very real extent

21 Sep 2021

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