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Now is the time to stop and reflect on the rollercoaster ride of the past year

By Rachel Brushfield, Director, EnergiseLegal

3 December 2012

December and January are typically quieter months after the frenetic whirlwind of the past year and an ideal time to reflect, review and plan.

Which headline best sums up your year: feeling the heat; green shoots; pressure cooker; trapped; innovation ?on the horizon; monopoly over; welcome change; or credit squeeze?

In the UK, 2012 has been an ?intense year of change and market consolidation, with hints of re-growth after the downturn. There have been ?new ‘super firms’; several mid-market mergers; the launch of alternative business structures; firms looking to Asia for growth; too many law graduates and ?not enough jobs. In addition, many firms have found their banks pulling in credit terms; clients demanding fixed and transparent pricing; and clients wanting ‘more for less’.

Responses to these pressures have bee...

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