As we approach the end of a year, focus often shifts from daily operations to future positioning. This month, we explore the critical turning points that will define 2026—from the EU's evolving stance on its AI Act to legal technology trends that could give firms an edge in the coming months. 

We also take a look at the business of law, featuring deep dives into successful succession planning and a major AML/CFT regulatory shake-up in the UK. As we head into the busy year-end season, we hope these insights help you navigate what lies ahead.

Welcome to the November edition of the Dye & Durham Docket. 

Featured article

With 2026 fast approaching, strategic planning is in full swing. From the maturity of generative AI to the prioritization of client-centric digital experiences, explore this tech company’s take on the 10 legal technology trends that will define law firm competitiveness in the coming months. 

Industry news and trends

EU AI Act: The EU is reportedly set to water down the landmark AI Act following intense lobbying from Big Tech. This development could alter the compliance roadmap for firms using generative AI tools across Europe. 

Landmark Liability Ruling:  The English High Court has ruled that BHP is liable for the Fundão Dam collapse, Brazil’s most significant environmental disaster, setting a critical global precedent for parent company liability in cross-border environmental torts.  

Global news

The $57 Million Exit: Succession planning can be a headache for many law firms, but it can unlock huge value when done right. This piece unpacks the lessons from selling an Australian law firm for $57 million, offering a rare glimpse into the valuation drivers and deal structures that made such a massive exit possible. 

Justice System Cuts: The legal community is reacting to the latest federal budget, which includes "concerning" cuts to the justice system. 

GenAI Guidance: As adoption accelerates, read the Law Society’s new GenAI guidance for solicitors, which outlines the ethical and practical guardrails firms must implement to use these tools safely. 

ESG vs. Competition: Can a positive ESG story justify an anti-competitive ending? Explore whether environmental and social benefits can ever outweigh anti-competitive effects under South African competition law, and what that means for ESG-driven deals and collaborations.

FCA Takeover: The Financial Conduct Authority is set to become the single professional body supervisor for AML/CTF. Here’s a breakdown of what is changing, potential impact, and what firms should be doing now. 

Dye & Durham in the news

A lighter note

Ever wondered when to use the "Esq." title and when to drop it? This humorous take on the urge to drop the credentials in everyday life might be just what you need. 

Thank you for reading this edition of the Dye & Durham Docket. See you next month.

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