A law firm without a growth strategy is like any business that fails to plan for the future. It may continue to thrive in the short term but in the long term it is unlikely to succeed.

A recent story hit the headlines that CEOs were struggling to get their employees back into the office following the lifting of Covid-19 restrictions.

The general industry consensus is that multiple new entrants will continue to enter the litigation funding market, attracted by what they perceive as the potential gains and the lack of barriers to entry.

The pandemic has seen a significant increase in the number of international mediations that have taken place online. As more countries sign-up to the Singapore Convention, this trend is likely to increase.

In 2018, PwC suggested that AI threatened 30% of jobs in the UK. Much of the discussion on the introduction of AI and the potential effects on the legal sector is equally negative.