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Analysis
Stephen Parish: End of the world is not yet nigh
On 1 May, I will take over as chairman of Norton Rose, a practice at which I have spent the last 35 years of my career. Many of my colleagues and contemporaries have remarked on the apparently unfortunate timing of my taking on the role, given that the headlines scream daily about the worst crisis of a generation - and possibly more - currently affecting the City and our clients. I take a more positive view. There are clearly challenges for all of us in this economic climate, but I see a chairman's role in helping the practice overcome these as both crucial, and two-fold. First, I will have an outward-facing mandate, and it will fall to me to lead from the front and be out there generating business, developing contacts and encouraging my colleagues to do the same. There is plenty of work around, and the one thing that all professional services firms must guard against is the inclination to throw up the white flag and decide that finding mandates is just too difficult.
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