Features
A law firm’s expertise and experience are central to its value, and firms that effectively manage and utilise information have a competitive edge. As technology rapidly advances, knowledge management (KM) has transformed from simple document-sharing systems into a critical function that shapes the way legal services are delivered.
Starting one’s own business is arguably an exciting prospect. It offers many freedoms and opportunities possibly never experienced in a previous profession. In the UK, entrepreneurship is going strong, with nearly half of working age Britons considering launching their own business this year, up from 35% a year ago.
Every time I sit down with a founder, I ask one simple but revealing question: “What are you paying yourself?” I have learned after years of working with founders that their answer will not only tell me what I need to know about the state of the business but also so much of what I need to know about the person I am helping.
While headlines celebrate female entrepreneurship, there’s a concerning trend hiding in plain sight. The percentage of women-led SMEs in the UK has declined from 19% in 2021 to just 15% in 2023. Yet, at a time when nearly half of businesses are turning to freelancers to drive innovation, female micro business owners could be the key to unlocking economic growth.
The competitive reality of startup accelerators has reached new heights, with recent industry data revealing a stark imbalance between supply and demand. Approximately 4.2 million companies search for funding annually, with 1.6 million applying to accelerators. Yet, only 48,000 are accepted into equity-based and non-equity-based programmes, according to Crunchbase data, leaving 97% of entrepreneurs underserved and without access to critical support.














