New Taylor Wessing head embraces change

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  • The ABS discussion is a big gamble; most of the assumptions underlying this project are not feasible for quality firms. The continental partners are most likely not amused; thus this will destroy the international alliance if the project would see the light of the day...Good luck and SOS

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  • Very wise.
    Like any new market, the initial deals in ABS would happen on the basis of relationship manegment between interested corporates and law firms.
    That said, I wonder if they also intend to implement management changes besides assesing the cost-benefit of potential deals.
    The most appealing ABS partners and investers will follow at least part corporate methods of assesing firms. They will look at planning done to ensure compliance, HR and business process readiness post LSA. Not to mention a customer focus.

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  • Interesting to see TW have just announced this, given that LSA has been on the agenda for years. There's nothing like being ahead of the game.

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  • Interesting that no operational directors are included in this committee i.e. FD? Surely they are in one of the best positions to contribute to discussions on the future of the firm?

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