In this video, Legal Week editor Georgina Stanley talks to Smith & Williamson head of professional practices Giles Murphy about the key points of interest to emerge from an analysis of the limited liability partnership accounts of the UK’s 50 largest law firms.
Murphy argues that a fascination with profit per equity partner and short-term decision making is potentially putting some law firms at risk. As such, the video looks at other metrics that firms should be gauging their performance on.
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