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Challenges and opportunities

29 March 2016

Now is as exciting a time as any to be a lawyer in the City.

The looming referendum on the UK’s future in Europe, the advance of artificial intelligence for some of the more routine legal processes, and the continued pressure of increased competition make the 25,000 City solicitors’ work all the more interesting and provide the challenges that we thrive on.

The larger City firms will no doubt have done their own research into the implications of a Brexit – or otherwise – for their clients and their firms. For the savvy solicitors looking at the possible impact on the wider legal services sector, I would recommend two reports as homework: ‘The EU and the legal sector’, which follows research with law firms, including in the City, and an independent analysis from Oxford Economics showing that the legal services sector would be disproportionately disadvantaged compared to the whole UK economy in the event of a Brexi...

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