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When the prime minister returned from the G20 meeting in Australia, he said in his speech to Parliament that "red warning lights are once again flashing on the dashboard of the global economy”. He highlighted the weak growth in Europe, the slowdown in parts of Asia, and the fact that world trade is not developing as fast as it should. Of course, he reminded everyone that the UK economy was “leading the pack” in its own performance.
So, what does this mean for UK law firms?
Well, coincidently on the same day as Mr Cameron’s speech, Smith & Williamson released the results of its 20th Annual Law Firm Survey and, on the surface, this survey is bullish about the sector’s prospects.
When respondents were asked how confident they were about the business outlook for the
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Kevin Wheeler has been advising professional services firms on all
aspects of marketing and business development for nearly 30 years. As a
consultant he helps firms to manage and grow their key clients as well
as to win new ones. As a certified coach with WABC he works with
partners and those approaching partnership to improve their BD skills.
0330 161 1234