The current economic environment is causing many law firms to reconsider their business structure and whether it is appropriate for the challenges ahead. Indeed, judging from recent conversations I have had with solicitors, many law firms are reviewing issues as fundamental as their business structure, remuneration system and funding of their organisation. All these matters are invariably inter-related and should not be considered in isolation.
Partners within such firms may have different views and it is important that these are taken into account before implementing change. While most firms consider the culture of their organisation to be of paramount importance, they are happy to make some alterations in pursuit of progress while trying to preserve their particular culture.
