Barclays has set aside £90 million to cover potential claims against its past motor finance business, according to its 2024 annual report. This comes after the lender tries to address the legal implications of existing litigation over secret commissions paid by motor finance lenders to car dealers. This follows the October 2024 Court of Appeal […]
In the fiercely competitive landscape of the legal industry, UK law firms are in a perpetual quest to expand their practices, elevate client services, and invest in growth initiatives. While these objectives may seem ambitious, there is a strategic avenue that empowers law firms to achieve them: unsecured business funding. In this article, we will explore the benefits of unsecured business funding for solicitors and shed light on how The Practice Loan Company can assist law firms in securing the funding they need to thrive.
A digital presence is essential for law firms, as 83% of B2B purchasing decisions are made before clients engage with a firm, and potential clients will form an opinion about a firm’s website within 0.05 seconds. A clear, easy-to-navigate website that showcases a firm’s values and expertise can attract new enquiries from the right type of clients. Thought leadership articles, social media posts, and emails can also build a firm’s authority and grow their business.
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