top of page


2025/26 Briefing / HSBC Law Firm Investment and Strategy Survey
The Briefing Legal / HSBC 2025/26 Law Firm Investment and Strategy Survey paints a picture of overall confidence, with a touch more uncertainty than last year's responses 54% of the 90 surveyed firms are pursuing a strategy of UK only growth and further 45% of international growth (p7), with the US and Middle East preferred destinations in the latter But it's p11 that stands out 82% of firms are looking to achieve that growth through lateral hires in existing geographies an

James Markham
1 min read


A 10,000ft view on AI in law firms
(1) I don't know what's going to happen and neither does anyone else. There are a range of scenarios in play from AGI taking all our jobs through to the bubble pops triggering a recession and we all lose our jobs. Possibly with more positive outcomes in between 🙂 In any case, planning for a range of scenarios seems sensible (2) This time is different for two reasons; (i) the wall of money trying to break into legal is significantly higher than previous tech waves, and (ii) t

James Markham
2 min read


Four Strategic Questions for Law Firms and AI
Further to my post last week, where firms are increasingly anticipating a negative impact of AI on their business models, there are essentially four strategic questions they need to be able to answer Namely, what is the impact of AI on: (A) The clients they choose to serve (B) The services they choose to offer (C) The prices they choose to charge (D) The way they choose to deliver the work Note the emphasis on choice Much of the discussion to date has been around (D) "look at

James Markham
2 min read


GenAI - a Darkening Mood?
Law firms are increasingly nervous about the impact of GenAI on their business models One of the trends that stood out to me in PwC 's 2025 UK Law Firm Survey is the shift in sentiment illustrated on p16 Now, the step change from net positive to net negative actually happened from 2023 to 2024, where 69% anticipated a positive impact on revenue and margins in 2023, that flipped to 60% anticipating a negative impact in 2024 There's a further darkening of the mood in 2025 (now

James Markham
2 min read


All flash but no cash
On my list of headlines I wish I had written, but didn't... all flash but no cash... 🙂 It's a good read from Taha & Watmough , based on...

James Markham
2 min read


The Legal Mini-MBA: Goal Setting and Strategy
Week 4 of our 12 week Legal Mini-MBA is drawing to close for our current cohorts and we spent time discussing the goals, objectives,...

James Markham
2 min read


Emerging AI Strategies for Law Firms
When it comes to structural shifts, law firms tend exhibit herd-like behaviours which, rather than be a criticism, I attribute to...

James Markham
2 min read
NQ Salary Trends - June 2025
Good round up of recent NQ salary increases in this FT article (paywall) I don't really share in the "this is terrible, in my day NQs...

James Markham
2 min read


Empowering Law Firm Leaders: The fundamentals and best practices to master the business of law
For Episode 12 of the Empowering Law Firm Leaders podcast , Darren and I joined Amy Bruce – host and Marketing Director at Osprey...

James Markham
5 min read


Pricing Pyramid
It's naïve to think law firms increase headline rates by 10% and that all clients just pay up For certain clients, and certain practice...

James Markham
2 min read


Five common hurdles to successfully implementing a law firm strategy
Having sat on both sides of the fence on this one, in multiple firms, there are five common sticking points or hurdles I see in...

James Markham
2 min read
bottom of page