In the second of a two-part interview, Legal Week editor Alex Novarese talks to Allen & Overy (A&O) senior partner David Morley about the outlook for law firms in the current economic climate, the biggest challenges facing A&O over the next 5-10 years, and whether the changes ushered in by the Legal Services Act will be relevant for corporate legal advisers.
Other topics discussed include:
- Growing levels of competition among the legal profession;
- The lessons A&O has learned in the US since the firm’s Stateside launch;
- The working culture at magic circle firms; and
- The role of business lawyers – should advisers become more rounded and relationship-focused?
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