Partners predict business model will change
The recession will push law firms further away from the traditional partnership model, according to new research from Legal Week. The latest Big Question survey found that just over 70% of City partners believe firms will be forced to move away from their traditional business models as a result of changes brought about by the recession.
City lawyers believe the recession will push firms further from the traditional partnership business model, while Budget tax rises increase the pressure to explore corporate structures. Jeremy Hodges reports
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