The Government’s proposed reforms published in the recent White Paper, The Future of the Legal Services: Putting Consumers First, have come as a strong indication that the game is changing for law firms.
The Lord Chancellor, Lord Falconer, says the new legislation will “modernise legal services, making them more responsive to the demands of the marketplace and of consumers”. Although great news for consumers and legal employees, the new legislation poses a huge threat to traditional law firms, which will now have more competition for their talented employees.
