Market uncertainty helps Zecter deliver a strong first year of trading
Zecter Group Ltd has seen strong demand for its consultancy services throughout its first year of trading. Focused on providing consultancy services to law firms, the business has seen an increasing number of organisations seeking advice, support and additionally, exploring opportunities on a range of current and future market changes.
Interestingly, demand has come from firms servicing a range of disciplines rather than one segment of the legal market.
Mark Smith, CEO of Zecter commented, “As a result of the uncertainty in the legal market, Zecter has been advising and working with a range of law firms on the delivery of strategy, planning, organisational structure, cost savings and efficiency gains, change management, technology, M&A and other financial matters.
“Zecter’s strength is its multi-disciplinary team of experts who are able to advise and support firms on the delivery of change by utilising their wealth of knowledge and experience to ensure future business models are robust in light of the challenges ahead.”
Joe Simpson, chairman of Zecter, said “It is encouraging to see law firms engaging with us and recognising the significance of change and innovation in the legal sector. Over the last few years we have seen increasing uncertainty and constant change and we expect this trend to become an ongoing feature of the legal market.”
Simpson continues “Law firms are set to face growing pressure in the next few years from a fundamental shift in their business models including technology, buyer behaviour and competition. The early innovators, adopters and those open to change are likely to be the long term winners in this market.”
The growth in the number of firms seeking professional advice and support in relation to the delivery of change has led to Zecter increasing its team of consultants by 50% in 2015. The business estimates that the growth in new hires will continue in 2016 and is already planning a number of vertical acquisitions to strengthen the offering to clients following strong demand.
If you would like to talk to the team at Zecter to explore your options, please call 0333 207 6551 to book an appointment.
Associate News is provided by Legal Futures Associates.
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