Part one of Business of Law’s Bellwether Report 2014: Brave New World, shows economic and industry challenges have seen independent and sole practitioners diversify to flourish
• 42% say their business is growing, with a further 40% describing their status as stable
• Confidence amongst the sector has doubled since The Bellwether Report 2013: Survive or Thrive?
• Over three-quarters of those questioned believe that constant evolution is required to stay at the top of the market
Research commissioned by legal blog Business of Law, a resource platform aimed at independent lawyers, has found that practitioners are thriving in 2014, having diversified to adapt to the changing market place.
Part one of The Bellwether Report 2014: Brave New World, released today, reveals that two thirds of practitioners have made changes to their business plan in the past 12 months, as part of a tactical response to new opportunities. This move...