Shoosmiths has announced a trainee retention rate of 76% for its autumn 2025 qualifiers, with 25 of its 33 final-seat trainees staying on as newly qualified (NQ) solicitors.
Specialist AI venture capital firm Yorkshire AI Labs has launched AI law firm LEXcelerate, with the aim of significantly accelerating the remortgaging process by automating the majority of administrative work.
Global law firm Kennedys has reported a significant rise in profit for the year ending 30 April 2025. Newly filed accounts at Companies House show the firm recorded a 20% increase in pre-tax profits, reaching £128.6 million before members’ remuneration and profit shares.