Many senior partners lack all but a “basic knowledge” of their clients’ businesses, leading to “superficial” interactions and a “disconnect between law firms and their clients”, a report has found. As a result, in-house counsel are now looking at alternative providers.
Only a few large law firms are providing structured retirement advice for their partners, a report has found – unlike the big accountancy firms. The study, of 28 top 100 firms, found three with formal internal schemes.
Fewer than half the lawyers in central and local government are satisfied with their jobs and only a third with their pay, research by the Law Society has revealed.