Harvey and Legora poach senior lawyers with equity stakes
Two billion-dollar AI legal-tech start-ups are systematically recruiting senior lawyers from City firms with equity compensation and legal-engineer roles, signalling a structural shift in legal career...
FRC publishes world-first guidance on generative AI audit risks
The Financial Reporting Council has published world-first guidance on how generative and agentic AI systems pose specific risks to audit quality. UK audit firms must now implement documented risk miti...
Treasury Committee pressures FCA on AI regulation gap
The UK Treasury Committee has publicly criticised the FCA, PRA and Bank of England for avoiding AI-specific regulation, warning that their 'wait-and-see' approach risks consumer harm. Over 75% of UK f...
UK lawyers project £2.4 billion AI productivity gains in 2026
UK law firms expect to realise £2.4 billion in productivity improvements through AI-enabled legal tools in 2026, creating competitive pressure on firms without AI deployment strategies.
