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

Ropes & Gray LLP  have captured headlines in recent weeks for permitting AI experimentation to contribute towards 20% of first year billable hours targets We've seen tentative, small steps in this direction over the past 5 or so years, but they've tended to be low single digits of total hours targets, and possibly diluted with other non-billable activities such as BD R&G's 20% equates to 380 hours, out of a 1,900 annual target and is a significant step change. The targeting o

Pricing is our penultimate session in The Legal Mini-MBA, partly because of the alliteration, but mainly because there's some hard yards to cover before we get to it What are you trying to achieve, what sort of clients are you targeting and what services are you offering all need considering before working out how to price those services, for those clients, and to meet those aims Reflecting on the conversations in the pricing sessions over the past couple of weeks, most group