Social mobility advocates, a new group of barristers from across England and Wales, have joined the Bar Council’s award-winning social mobility campaign – #IAmTheBar.

Today is International Women’s Day, undoubtedly a time to celebrate the achievements and fortitude of women everywhere. However, it is also a time to reflect on women’s place in the world of business and law – for example, the number of female CEOs is still woefully low and female partners in law firms remain underrepresented. And dare we mention gender pay parity – not yet a reality, despite legislation requiring it. Gender politics aside, read on for this collection of interesting business news from the past week.

Many law firms, such as Simmons & Simmons, Baker McKenzie, Freshfields Bruckhaus Deringer LLP  and Clifford Chance, are incorporating reverse mentoring into their diversity, equity and inclusion (DE&I) and retention strategies.

The number of freelance solicitors has doubled over the past three years, from around 300 in 2021 to 650 at the beginning of 2024, according to the Solicitors Regulation Authority (SRA). However, freelance solicitors still make up less than 1% of practising solicitors.

Last week’s NationalLawLIVE conference confirmed once again that the ability to deliver commercial legal advice to clients is essential – we heard from a panel of partners about its centrality to their practices, from recruiters about how to demonstrate it, and a myriad of workshop topics that delved into its role in today’s law firms. We expect that this message will be affirmed once again at CityLawLIVE tomorrow. As a way to start developing your commerciality, read on for this week’s selection of top business news.

The Next 100 Years project has launched a new film series, supported by full-service law firm Irwin Mitchell LLP.

MPs have called for employment tribunal fees to be “substantially” reduced after it was found that such fees have badly reduced the public’s access to justice since they were introduced. 

Nominations are now open for the LawWorks and Attorney General’s Student Pro Bono Awards, which celebrate the significant contribution of law students and law schools to vital pro bono legal advice.

The winners of the 2023 National Accident Helpline’s Future Legal Mind competition have been revealed, with Emily Eastburn-Pentreath taking the title for the postgraduate category and Stephanie Anais becoming the latest undergraduate winner. 

The government plans to build 14 new Nightingale courts to tackle outstanding court cases caused by the pandemic, according to a statement from Lord Chancellor Robert Buckland.

Leading law firm Shakespeare Martineau LLP has announced its merger with GL Law which will see the firm broaden its geographical footprint into Bristol and the Southwest.

The University of Law has secured an exclusive partnership with magic circle law firm Clifford Chance to deliver its Solicitors Qualifying Examination (SQE) courses. 

A-level students are not the only ones poring over results and figures today to see what that means for them. Figures from the Office for National Statistics show that consumers’ retail spending rose 1.4% in July following the June vote for Britain to leave the European Union, a much higher increase than economists predicted.

An increasing number of lawyers are leaving the legal profession, with new research based on responses from more than 800 law firm leaders across the UK and US revealing that associate attrition has nearly doubled in the past year.

The Law Society of England and Wales has awarded 15 scholarships to aspiring solicitors, welcoming them into its Diversity Access Scheme (DAS), which is now in its 21st year. The DAS supports those facing social, educational, financial or personal obstacles to qualifying – assisting awardees on their legal academic journey and helping them obtain relevant work experience and access to mentoring opportunities.