WeWork boasts huge growth – but losses double

WeWork – recently re-branded to The We Company – has reported doubling its revenue from last year to an impressive $1.82bn. However, its umbrella company also reported annual losses of $1.93bn for 2018. The jump in revenue was due to an increase in membership to 401,000 at the end of 2018, up from 186,000 from the year before. Now many[…]

Should GC’s sit on the board?

Kate Teh, Group Legal Director for Telegraph Media Group has said that General Counsel’s should sit beside the board – not on it. She has stated that board alignment with the General Counsel is an “excellent thing”, stressing how GC input is valuable and highly important. It can help shape the direction the company is[…]

Dechert embraces a new relaxed dress code

Dechert lawyers can now wear jeans ANY day of the week! The firm already has a “business casual” dress policy, which was updated last week to specifically cater for jeans. Dechert’s director of human resources, Caroline Bowes: “As a forward-thinking business with an innovative culture, our change in business dress code is about inclusivity, empowering[…]

Contax are contenders for the Legal Week and The Lawyer Awards 2019

Contax Law began development of an App for its pool of contractor lawyers in June 2018 and focused on creating a product which is easy to use and capable of enhancing the community support we already provide. We plan to launch the App within the next couple of months. CX’s mission is to build flexible career paths for our[…]

Majority of in-house teams will take to AI

A recent global business survey has predicted that well over half of in-house legal departments will have AI systems set up over the next year, with an aim that it will help with analysing and reviewing contracts. US analyst Ari Kaplan Advisors, acting for Seal Software – a supplier of AI-based contract review systems, found[…]

Why working from home should be standard practice

Nicholas Bloom is a Professor in the department of economics at Stanford University. He also co-directs the Productivity, Innovation and Entrepreneurship program at the US’ National Bureau of Economic Research. He conduced a study which he discussed on his TEDxStanford Talk: “Go Ahead, Tell your boss you are working from home.”  Bloom wanted to really convince people.[…]

Contax Law’s new app – more details

Our Contax Law app is to launch over the next few months! It will be available on all iOS and android devices. What will the app do? Will help you find a job quickly and more efficiently. Help us build a closer relationship with you – making us easily accessible and contactable. (alternatively the app[…]

May’s Brexit deal gets voted down in historic defeat

Yesterday, Theresa May’s Brexit deal was voted down in a historic Commons defeat. The deal was rejected by 230 votes: the largest defeat for a sitting government in history. Corbyn issued a vote of no confidence in the government, set to take place tonight, which could trigger a general election. It is advised that businesses[…]

How is AI shaping the legal profession?

Machine Learning is a type of data analytics founded on the idea that systems can learn from data and identify patterns in order to make decisions without the need for human involvement. Whether it is a virtual assistant able to provide medical advice or an advisory chatbot who helps with generic enquiries – the use[…]

Over 1,000 lawyers embrace remote-working ‘gig economy’

This article was written by John Hyde for the Law Gazette and can be found at: https://www.lawgazette.co.uk/news/over-1000-lawyers-embrace-remote-working-gig-economy/5068266.article More than 1,000 lawyers in the UK now work remotely in practices outside the traditional firm environment, new figures suggest. Research by accountants and business advisory group Hazlewoods showed the number of lawyers working for so-called ‘platform’ firms has[…]