Fox Rodney’s Adrian Fox analyses UK legal market trends.
How have commercial dynamics in law firms changed?
I was practising in the mid-1980s when law firm commercial dynamics really changed – the time of the Big Bang. I remember having a more than slightly heated discussion with a then senior partner of my firm about whether a law firm’s purpose was to service its clients or make profits for the partners. He was from the old school and he had gone within 12 months.
