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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
The Law Society president Andrew Holroyd has handed over his post to Surrey-based property lawyer Paul Marsh.
Marsh, who took over as president at the Law Society AGM yesterday, has vowed to lead the solicitors profession into being a sustainable and successful legal business sector despite the economic downturn hitting firms, especially those heavily dependent on conveyancing.
"How that impacts on individual firms will be determined by a number of factors, including the region they operate in, how much of their practice is devoted to conveyancing, and how they carry out the work,” he said.
"We will be working alongside firms as their representative body to provide them with the tools they need to operate efficiently in the current market."
Marsh, a consultant at Surrey law firm Downs Solicitors, added that he is determined to continue reform of the Law Society so that it provides services that solicitors want.
Marsh will be joined Beachcroft partner Bob Heslett, who has taken Marsh’s place as vice-president, and in-house lawyer Linda Lee from patient safety NGO Action Against Medical Accidents as deputy vice-president.
“Solicitors, like any other business providing a service and advice, have to achieve the highest possible standards to be able to survive in a competitive market,” Marsh continued.
“A solicitor’s practice that has developed a good sound business model is much more likely to be able to survive in an ever changing market.
“We all face challenges, which are a mix of great opportunities interlaced with dangers. I aim to lead the Law Society and its members to take advantage of those opportunities and avoid the threats.”