The competitive forces unleashed by the Legal Services Act could be catalytic. Law firms will need to restructure and possibly refinance to consolidate, to recruit, train and promote sensibly, and to engage in even more sophisticated strategy and management.
March 21, 2007 at 08:16 PM
1 minute read
The original version of this story was published on Legalweek
The competitive forces unleashed by the Legal Services Act could be catalytic. Law firms will need to restructure and possibly refinance to consolidate, to recruit, train and promote sensibly, and to engage in even more sophisticated strategy and management.
Organic acceleration would be one thing; but the intended rate of acceleration will probably propel us towards the cataclysmic.
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