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Family business | The Day of the Triffids

The Co-ops growth and hold on the legal services market is slowly increasing. So how can small firms survive, asks Marilyn Stowe

10 May 2013

In recent months this column has chronicled the travails, opportunities and challenges faced by our profession in 2013 and beyond. In truth, the future faced by high street firms continues to give me cause for concern. Lack of confidence in the economy, an axe-happy government and 'Tesco Law' have come together in a perfect storm. But at least there is one glimmer of hope. I'll bet I'm not the only one who was delighted by the recent collapse of the Co-operative's bid to buy hundreds of Lloyds branches up and down the country.

It is fair to say that among UK consumers, the Co-op benefits from a good brand reputation. Its nationwide network of banks, supermarkets and convenience stores count their 'ethical' credentials as one of their biggest selling points. Its bankers are extremely selective about where funds are invested; the shops source food from British suppliers. In recent times, however, solicitors in England and Wales have started to regar...

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