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The difference between life and death

The section of the market found in every town centre may not be in the best of health, but suggestions it's facing 
a certain death is unrealistic, says Martyn Brown

9 September 2013

Ever since the Legal Services Act heralded the arrival of so called 
'Tesco Law', many commentators have been writing the obituary of the high street solicitor.

The assumption is that smaller solicitors' practices will be swept away by the tsunami of large new entrants to the legal market place or possibly by the smaller tidal wave of national franchises and groups of solicitors. So are we really looking at the end of high street solicitors?

The general view seems to be that the public will flock to both of these new entrants because they will offer the public legal services which are cheaper, better, easier to access and all under a familiar banner. But is it really that simple?

Firstly, will big name brands really want to offer legal services which are considerably cheaper than those now available? Some of these businesses will be used to very high margins which they might struggle to match in the highly competitive legal arena. Ind...

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