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Nearly half of London Law firms are already utilising AI

Nearly half of London Law firms are already utilising AI

Nearly half of London Law firms are already utilising AIThere have already been warnings from workplace experts that the legal profession isn’t one to choose for those starting out on their careers as it’s ripe for automation, and a new survey claims these changes are happening fast. According to a survey of over a 100 law firms by CBRE, nearly half (48 percent) are already utilising Artificial Intelligence (AI) and a further 41 percent have imminent plans to do so. Of the firms already employing AI, 63 percent of firms are using it for legal document generation and review, and the same proportion for e-discovery. Due diligence (47 percent) and research (42 percent) were also common applications, along with compliance and administrative legal support (each 32 percent). The use of AI will affect employment levels, with the greatest impact predicted at the junior and support levels, where nearly half (45 percent) of firms believing that there will be a reduction in headcount. In contrast, only 7 percent of firms believe that senior headcount levels will be reduced.

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Business leaders struggling to keep up with demands of individuals and technological developments in the workplace

Business leaders struggling to keep up with demands of individuals and technological developments in the workplace

Organisations are struggling to keep pace with workplace shifts including skills gaps, the development of artificial intelligence, the demands of employees and new social expectations, according to the latest Human Capital Trends report from Deloitte. In its 2018 edition, The Rise of the Social Enterprise, Deloitte focuses on the growing expectations of individuals and the pace at which technology is shaping organisations’ human capital priorities.

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Lack of effort by UK employers to retain staff is increasing talent turnover

Lack of effort by UK employers to retain staff is increasing talent turnover

Lack of effort by UK employers to retain staff is resulting in high talent turnover

UK employers are facing increasing levels of staff turnover with one in seven (14 percent), or roughly 4.5 million employees predicted to seek a new job in near future, according to research carried out by Robert Half UK. Employers have registered this shift with almost three in five (61 percent) reporting an increase in voluntary employee turnover in the last three years. The research also showed that over half (51 percent) expect employee turnover to increase in the next three years. Yet many businesses still fail to employ basic retention initiatives. Only half (47 percent) of organisations run training and development programmes to help build employees’ skills and support career development, while most don’t have any programmes in place to support employee wellbeing or reward performance. Organisations are also missing out on valuable insight from their departing employees, with more than four in five (83 percent) failing to undertake exit interviews.

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Quarter of workers say job negatively affects their mental health and a third feel overworked

Quarter of workers say job negatively affects their mental health and a third feel overworked

Quarter of workers feel work negatively affects their mental health, finds CIPD report

One in four workers (25 percent) feel their job negatively affects their mental health, while nearly a third (30 percent) say their workload is too high, according to a brand new report from the CIPD, the UK Working Lives survey. Although the survey found that two-thirds of workers (64 percent) were satisfied with their job overall, one in ten (11 percent) report regularly feeling miserable at work. More than a quarter (28 percent) of senior leaders say that they find it difficult to fulfil personal commitments because of their job, while over a quarter (27 percent) say that their job does not offer good opportunities to develop their skills, jumping to two in five (43 percent) among unskilled and casual workers. Focusing on the three main groups in the labour market, those at the lower levels are far less likely to have access to skills and training, those in middle management feeling significantly squeezed by their workload and those at the top find it difficult to maintain a work/life balance.

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British employers are failing to prepare staff for automation

British employers are failing to prepare staff for automation

UK employees aren’t being equipped with the skills required by an automated workplace, according to a new study from ADP. The findings suggest that despite a third (32 percent) of workers believing their job will be automated within 10 years and one in ten (10 percent) predicting it will happen in two, half of those affected (49 percent) say their employer isn’t preparing to train or reskill them for the new world of work. ADP surveyed 1,300 UK working adults across the country as part of The Workforce View in Europe 2018, which gives a snapshot of employees’ views about their jobs, workplace and career plans. The report claims that thousands of workers are worried about the prospect of mass automation and how this will impact their own career prospects if they aren’t prepared with the right skills.

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Women are happier and more engaged at work than men, despite the gender pay gap

Women are happier and more engaged at work than men, despite the gender pay gap

Following the deadline for organisations to publish their gender pay this week, it came as little surprise to find that almost eight in 10 organisations pay men more than women. The debate over the reasons why will continue, but new research now claims that women remain happier and more committed at work than men, despite this disparity. Employee benefits provider Personal Group’s Gender Happiness Gap research shows that contrary to, and perhaps in spite of the fact that the Gender Pay Gap tends to favour men, happiness at work tends to fall in favour of female staff, with men much less happy in the workplace than their female counterparts. Whilst 77 percent of PAYE female employees are happy at work at least some of the time, the figure is only 66 percent for men. This means that one in three men are rarely or never happy at work. The case is similar when looking at the total workforce: 45 percent of female staff stated that they’re happy most of the time at work, versus only 38 percent of male staff. Amongst women, the 30-49-year-old age group is the unhappiest age group, which may be due to juggling family life alongside working commitments.

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Government announces details of new real estate agency

Government announces details of new real estate agency

The UK government has announced the creation of the Government Property Agency (GPA) which will aim to ‘improve the efficiency and effectiveness of the Government Estate and generate benefits of between £1.4 billion and £2.4 billion over the next ten years’. GPA’s initial portfolio of 80 properties will grow to over 1,000 as it takes on increasing responsibility for managing the general purpose central government real estate portfolio. This is intended to manage the government’s property portfolio strategically in order to realise the benefits that departments cannot achieve on their own. The GPA will partner with government departments to find innovative property solutions, and provide expertise to enable them to deliver wider business change more efficiently. More broadly, the GPA will also be an enabler for the delivery of Civil Service transformation, regional growth and the government’s vision to strengthen the Union.

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Employers should not write off older female workers quite so readily

Employers should not write off older female workers quite so readily

An ageing population and changes to the default state pension age mean employers need to better prepare for the needs of older women in the workplace, according to a study by Anglia Ruskin University published by the Chartered Institute of Personnel and Development (CIPD). With more and more women aged between 50 and 65 now employed, the research reviewed published literature to look into the experience of those workers and how their needs might change in the future.

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Poor numeracy thought to account for an estimated £3.2 billion annual cost to businesses

Poor numeracy thought to account for an estimated £3.2 billion annual cost to businesses

Poor numeracy thought to account for an estimated £3.2 billion annual cost to businessesAlmost one in two working age adults currently lack numeracy skills and this skills gap is estimated to cost businesses £3.2bn annually, with a cost to the UK economy of up to £20.2billion a year. This is why charity National Numeracy has joined together with founder supporter, KPMG, to establish the first ever UK National Numeracy Day – created to drive a change in recognition of the importance of numbers, as well as improve employee careers. The day, which takes place on the 16th May will be designed to celebrate numbers, and aims to help individuals to check their numeracy levels, and provide free tools to support improvement amongst those who could benefit. Businesses are being called on to get involved in a variety of ways; from becoming an official supporter, to encouraging employees, suppliers and the local community to check their numeracy levels using the free online numeracy assessment tool. 

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Gender pay gap could in part be due to women’s lack of confidence in seeking job progression

Gender pay gap could in part be due to women’s lack of confidence in seeking job progression

Gender pay gap could be due to women’s lack of confidence in seeking job progression

A new survey that confirms the ongoing gender pay gap with stats that show men are paid 42 percent more than women after ten years in workforce, goes on to suggest that the reason is not just to do with a lack of diversity but the attitude of women moving up the corporate ladder. The report from Adzuna claims that British men are significantly more confident than women in furthering their career. The career progression confidence gap between the genders widens greatest with those who have more than ten years’ experience in the workplace, with men twice more likely than women to hold a top job. The research analysed 500,000 CVs submitted through Adzuna’s ValueMyCV tool, comparing the gender and estimated pay grade with number of years’ experience in each respective industry. The research also highlights a disparity in the average salary commanded by men and women for the same position with the same number of years in experience.

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Working fathers are being let down by workplace policies, claims Government report

Working fathers are being let down by workplace policies, claims Government report

The Government’s Women and Equalities Committee has published its report on fathers in the workplace. Its main conclusion is that current policies supporting fathers in the workplace do not deliver what they promise, despite good intentions and this is particularly the case for less well-off fathers. It claims that the Government must reform workplace policies to ensure they meet the needs of the 21st century family and to better support working dads in caring for their children, say MPs. The report concludes that the right to request flexible working has not created the necessary cultural change and the Government itself admitted to the inquiry that its flagship shared parental leave scheme will not meet its objective for most fathers.

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Vienna ranks highest for quality of living, but emerging cities doing more to attract mobile talent

Vienna ranks highest for quality of living, but emerging cities doing more to attract mobile talent

Cities in emerging markets, though challenged by economic and political turmoil, are catching up with top ranking cities following decades of investing in infrastructure, recreational facilities and housing in order to attract talent and multinational businesses, finds Mercer’s 20th annual Quality of Living survey. Meanwhile, many of Europe’s cities still offer the world’s highest quality of living and continue to remain attractive destinations for expatriates on assignment, despite economic volatility due to uncertainty around Brexit and increased political volatility in the region overall. Vienna tops the ranking for the 9th year running and is followed by Zurich (2), Auckland and Munich in joint 3rd place. In 5th place Vancouver completes the top five and is the highest ranking city in North America. Singapore (25) and Montevideo (77) are the highest-ranking cities in Asia and Latin America respectively.  London – the highest ranked UK city – scores top marks in areas like access to public transport, and the variety and quality of theatres and restaurants, but has lower scores for air pollution and traffic congestion.

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