Is it really that bad? Business is going well, the weakness of sterling is benefiting UK service industries and law firms are seeing new instructions as companies, banks and individuals try to work out the legal implications of Brexit.
However, there is an icy chill in the air. One can feel the temperature falling as trainee numbers are cut, firms look for merger opportunities and partners have a sense of unease about the future.
The problem is that law firms have multiple challenges, not only legal and regulatory, but also commercial. As firms rushed to requalify lawyers in Ireland, it became apparent that the practice of law is complex and requires many freedoms to continue to exist in its current form.
You can read the full article at: https://www.lawgazette.co.uk/practice-points/a-brexit-survival-guide-for-lawyers/5059955.article