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Editor's letter: Law firms of the future

Are you doing everything you can to secure your firm's future in the upcoming world order, asks Manju Manglani

28 August 2012

Are you doing everything you can to secure your firm's future in the upcoming world order, asks Manju Manglani

Law firms around the world face an uncertain future as the global economic turmoil continues unabated. During these interesting times, competition between firms of all sizes has dramatically increased.

As a result, the traditionally conservative and risk-averse have been forced 
to consider radical strategies – including, in the UK, obtaining private equity investment to facilitate growth. The high number of firms looking 
to convert to an alternative business structure demonstrates how the profession 
is changin...

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