Risk and restructuring: Law firm insolvencies

31 Mar 2017

The legal sector continues to go through a period of unprecedented change, with new challenges and risks alongside a host of new competitors. Firms are actively adopting new approaches to ensure they remain ahead of the game but, for some, financial distress and, indeed, insolvency are real threats.

With a number of recent and high-profile failures, fresh light is being shone on those factors which are significantly affecting the resilience of law firms.

A buyers’ market

Professional services clients are becoming increasingly pr...

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