Larger firms represent most growth in the legal services sector

Private practice firms, and in particular high street firms, are in an “increasingly precarious position” according to the first profession-wide survey published yesterday.

Joint research undertaken by the Legal Services Board, Ministry of Justice and Law Society confirms the growing impression in the sector that larger firms represent a bigger percentage of the legal services market and are also in better financial shape.

“Large commercial firms are seen as pulling away in terms of the work they do and the income they earn,” the report said, with most of the growth in the market coming from these firms, wh...

Jean-Yves Gilg
Editor
Solicitors Journal

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