In this video, Legal Week editor Georgina Stanley discusses the Legal Week UK Top 50 financial results with former Clifford Chance managing partner Tony Williams, of consultants Jomati.
Topics covered include:
- the adverse impact of currency fluctuations on the leading international firms;
- the struggle to find regions that are growing strongly – ‘there are no hot spots’;
- a return to form for the ‘squeezed’ mid-tier and national firms;
- how well UK firms have performed against their US rivals;
- inflationary pressure on the top firms including rising salary and property bills; and
- why the cost savings drive including the establishment of low cost legal centres still in its infancy
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