Europe’s independent law firms are bullish, but aware that retaining their independence is likely to prove more of a challenge than ever, if the results of Legal Week’s first ever survey of Europe’s remaining independent law firms are anything to go by.
Almost all expect to grow in size in the coming years and the vast majority expect that their fee income will improve in the coming months. But the figures also demonstrate that they anticipate that the outside competitive threat to their markets is likely to become more intense.
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