Fri, 24 May 2013
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Stuck in the middle
I think this article is unnecessarily harsh on LG; profits are broadly comparable with similar firms (think Nabarro and the like for firms which have a similar spread of departments). The firm also makes broadly the same revenue as it did 3/4 years ago, despite having nearly 20% less staff. Hence, it looks like a tightly run (if conservative) ship.
The firm's international strategy leaves much to be desired however, I think they feel a lot more at home undertaking overseas work from London (their India desk for example).
For the record, I'm not on LG's payroll.
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