The University of Law has reported a significant rise in profits, posting a pre-tax surplus of £4.2 million for the year ending 31 May 2025, which is more than double the £1.6 million recorded the previous year. Newly filed accounts show income increasing by 6% to £173 million, a boost attributed to what the institution described as an “optimised course and campus mix” and a review of its costs base.
Magic circle law firm A&O Shearman has introduced an innovative AI tool designed to expediate tasks typically handled by senior associates and partners. The move aims to capitalise on the transformative impact of AI within the legal industry.
Newly appointed Bar Council chair Kirsty Brimelow KC delivered her inaugural address at Gray’s Inn, outlining her key priorities for the year ahead, with a strong emphasis on improving access to justice.
Around 21% of the UK’s leading law firms are considering private equity investment to fund growth and transformation, according to HSBC’s 2025/26 law firm strategy and investment report.