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Whither the solicitors’ profession?

The entry into historically reserved legal activities by new and innovative players such as chartered accountants has given the legal market much to be concerned about, and the risk adverse nature of legal practitioners  does not put them in good stead to rise to the challenge, warns Ian Muirhead

9 January 2015

The entry into historically reserved legal activities by new and innovative players such as chartered accountants has given the legal market much to be concerned about, and the risk adverse nature of legal practitioners  does not put them in good stead to rise to the challenge, warns Ian Muirhead

Sir Nigel Knowles of DLA Piper wrote in June 2014: "Last year was supposed to be one of major upheaval for the legal services industry. This did not happen in any meaningful way, but do not be fooled - it has merely been given a stay of execution."

Another six months has now elapsed, so this may be an appropriate juncture at which to look back at 2014 and see to what extent the picture has changed.

In 2013 the overriding pre-occupation of the SRA and the firms ...

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