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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
Blog
Compulsory retirement of partners: problems and opportunities
Law firm leaders face tough choices as they evaluate performance over an unprecedented period and inevitably underperforming partners will be targeted for compulsory retirement.
Will the SQE affect diversity in the legal profession?
Law firms are under increasingly pressure to attract a more diverse pool of young lawyers. One of the fundamental motivations behind introducing the SQE was to address this issue.
Should the SRA introduce tougher sanctions for AML breaches?
We have recently seen the Solicitors Regulation Authority fining law firms across England and Wales over a lack of proper anti-money laundering policies and procedures.
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