Nearly one in two lawyers expect profit per equity partner to grow by up to 10% in the next year, according to a NatWest survey of 400 lawyers attending the annual NatWest Legal Conference series across the UK in October. More than half expected fee income to rise by up to 10% in the next year, and a quarter expected an even bigger rise of between 10% and 20%. Steve Arundale, head of professionals at NatWest, says: “The optimism could be down to the uplift in the economy which has stimulated an increase in transactions.”
20 November 2014
More optimism over profit for lawyers
MOVERS & SHAKERS
Sharpe Pritchard—Victoria Heald-Barraclough
Magic Circle hire strengthens Sharpe Pritchard’s infrastructure finance capability
Lewis Silkin—Iskander Fernandez
Lewis Silkin adds corporate crime specialist to growing dispute resolution team
Morr & Co—Michael Charalambous
Morr Co strengthens private client team with partner appointment
NEWS
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As cryptocurrency becomes mainstream, family lawyers are increasingly confronting the challenges it creates on divorce
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