More than 5,000 solicitor jobs in the UK would need to go to deal with substantial over-capacity in the legal market, according to a new report by one of the leading law firm bankers. A report released today (19 March) by Royal Bank of Scotland (RBS) argues that the legal profession is over-resourced in the face of a "permanent structural change in market forces in the UK" and has the "opportunity" to remove 5% of the fee earner base.
March 18, 2012 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
More than 5,000 solicitor jobs in the UK would need to go to deal with substantial over-capacity in the legal market, according to a new report by one of the leading law firm bankers.
A report released today (19 March) by Royal Bank of Scotland (RBS) argues that the legal profession is over-resourced in the face of a “permanent structural change in market forces in the UK” and has the “opportunity” to remove 5% of the fee earner base.
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