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Many top law firms see alternative providers as “threat to profession”
Tuesday, 13 September 2016Four in ten managing partners at leading law firms see alternative providers such as the Big Four accountants and insurers as the biggest threat to the legal profession, according to a survey published today. It also found firms more likely to see growth coming from investment in technology and hiring teams, rather than mergers.
Tags: lateral hires, merger, profit growth
Posted in Latest news, Market monitor
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Law firms’ cost focus will drive financial innovation in the sector
What the pandemic has brought into sharp focus for firms is a desire to reduce costs. In 2019, research found cost reductions were last on a long list of priorities for firms; now they are near the top.
How burnout was my catalyst for serving lawyers instead of being one
As my legal career progressed, I began to realise the reality was very different than I had envisaged. I was in a constant state of stress, working very long hours. I normalised the stress, as it seemed to be everywhere I looked.
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