Does the coming year look bright for your firm? Or are you anxious about storm clouds gathering over the horizon?
With continuing fragility in the UK economy – to say nothing of the many unknowns around Brexit – you’d be forgiven for feeling more uncertain than usual about the future. Whether it’s cuts to legal aid or fear of a negative hit from new SRA proposals, the way ahead might appear gloomy.
The SRA proposes allowing solicitors to offer regulated legal services from non-regulated firms. What are the implications for your firm? Are you excited about the opportunities it might create? Or worried about becoming uncompetitive against regulated solicitors working in non-regulated firms and losing a chunk of your best work?
On top of that, the SRA proposes improving price transparency by getting law firms to publish price lists. Our latest survey data, forthcoming in this year’s Bellwether report, suggests many of you view this proposal with alarm. How will this affect your firm? Do you feel confident estimating fixed fees?
Discover research and insight for independent lawyers looking to understand current legal trends and stay ahead.
