The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
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 has spent a staggering £2m in consultancy fees over the past two years, including £1m on advice relating to its much maligned IT programme Project Engineer.
The Law Society spent £160,000 on consultancy advice from PricewaterhouseCoopers over last year's proposed £48m relocation of its regulatory section into a single Midlands office, which was ultimately aborted.
Figures confirmed by the Law Society also reveal that £190,000 has been spent on public, and press relations advice and £116,500 on branding and what the society describes as "visual identity" matters.
The consultancy bill does not include the £2m that the Law Society has spent on legal advice defending the ongoing allegations brought by former vice-president Kamlesh Bahl.
A spokesperson for the Law Society said: "The society has spent just under £2m over two years. That represents about one per cent of our turnover, which is in excess of £80m a year.
"The consultants we use provide expertise that is not available within the society itself. This is a cost-effective way of boosting our resources in technical or specialist fields on a short-term basis."
However, the spokesperson did admit that the £2m would otherwise have been spent on staff.