Regional Insight – Leader

Regional Insight – Leader

If you were to venture outside London to the major regional legal markets ten or 15 years ago, you would probably have been surprised. The energy, ambition and cohesive professional communities in these markets went well beyond expectations.

In the bars of Birmingham, Bristol and Manchester you would often meet individuals with that mix of personality, judgement and charisma that marks out the best commercial lawyers. No wonder so many of London’s sharpest legal operators used to be bred in the sticks.

Continue reading “Regional Insight – Leader”

Overview: Down in albion

Overview: Down in albion

Confidence is returning to the national UK economy, to the relief of clients and law firms alike. But, as our Regional Insight report shows, growth in legal services is still a relative term across local markets in continued flux.

The outward indicators are generally strong. Based on economic forecasts in 2014 from the likes of the International Monetary Fund and PwC, the UK is on track to become the fifth largest economy in the world by 2020, overtaking France.

But while PwC’s July 2014 economic outlook for the UK made the bold assertion that ‘all major industry sectors and regions are now showing positive growth trends’, inevitably those regions are starting from different positions, facing varying dynamics and contributing to the overall growth at significantly different rates.

Continue reading “Overview: Down in albion”