A recent survey by Legal Week (The Big Question, 8 May) revealed that leading law firms do not believe a move to adopt Limited Liability Partnership (LLP) status will make them less collegiate. Fully 82% predicted that converting firms would experience no change in culture.
But how realistic is it to think that existing cultures of partnerships will survive for very long in LLPs? The experience of some of the largest surveying firms, which incorporated a few years ago, might indicate that things could change sooner than some might wish.
