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It was a convenient excuse in almost every law firm results announcement this year – the Coronavirus disruption was largely to blame for a disappointing set of figures.

But don’t be fooled. Obviously the virus lockdown affected only the final few months of the financial year and the uncomfortable truth is that growth rates have been falling for a few years now. There are deeper issues going on.

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Paul Hodkinson

Paul Hodkinson is the Editor-In-Chief of Law.com International and Legal Week. Before joining the company in late 2018, he was the Deputy Editor and Comment Editor of Financial News, part of Dow Jones. He has also held roles as Acting Editor of Financial News and Editor of Private Equity News and has written for The Wall Street Journal as well as numerous private equity publications in the U.S. It is his second stint at Legal Week, after he worked at the publication between 2002 and 2008. [email protected]

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