Large Company buys up loads of law firms, attempts to take over the high street law market - and fails. Quelle surprise?
Hmm. Slater & Gordon are struggling - job losses, share value dropping, company turnover plummeting.. Our local radio station seems to have stopped playing adverts mentioning the local law firm brand aged 100 years+ with the added catchphrase "part of Slater & Gordon". Is this going to be a new competition? Guess how long the new legal market entrant is going to last? When are large multinationals and organisations going to realise that high street law is profitable to a certain degree but seemingly very dependent on a relatively small scale operation? Anyone remember the bulk conveyancing operations of the 1990s and 2000s? Barnetts in Southport is a good example. The senior partner there seemed to be the Law Society Gazette favourite whenever a quote was needed on modernising the way high street law firms worked. He was forever commenting on how profitable everyone could be if only they looked to the future. Now look at them - RIchard Barnett was struck off for u