25/04/08 Multidisciplinary Partnerships: Are they all that they’re cracked up to be? There’s been a lot of talk recently in the news, Law Society Gazette about the drastic changes that will take place when multidisciplinary partnerships come in. It’s expected that these will be at the end of 2008 and that the legal profession will be revolutionised by them. Over the last eight years, I have been doing legal recruitment and I’m clear that it’s probably not going to be the revolution that the soothsayers of the legal profession expect. Over this time I have regularly been approached by companies, whether accountants or financial advisors or claims management, request details of solicitors who want to go into practice as either an employee or as part as their company. The reason for this is because the companies see the benefit of having a solicitor there earning money for them, when they see the hourly rate that they’re paying an external solicitor’s firm framework. However, when they ac...
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