Accountants fall behind

ACCOUNTANTS are losing out as the UK legal market undergoes a period of mobility.

A study carried out by The Lawyer and Baker Tilly shows that dissatisfaction with accountancy services and increased merger activity among the legal profession has resulted in a growing number of lawyers taking their business elsewhere (see page 16).

Last year more than 74 per cent of firms had been with their accountants for at least five years, but this year the figure has slipped to 67 per cent.