The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
It’s all kicking off north of the border. Just as the Scottish government was getting tantalisingly close to enacting an amended Legal Services Bill, a massive spanner has been rammed in the works, with the Scottish Legal Agents Society (SLAS) demanding that the Law Society of Scotland (LSS) drop its support of the bill.
This basically boils down to a standoff between the top-end commercial firms that desperately want the bill to be passed (for which read the Scottish big four - leading firms such as Brodies and Burness are not involved) and the high street players, who desperately don’t.
There’s mudslinging on all sides, with the pro-ABS lobby calling the SLAS disingenuous for claiming its members have been kept in the dark over ABSs, while the smaller firms are accusing their larger counterparts of bullying tactics.
To some degree they both have a point. The LSS vote that gave ABSs the green light in 2008 was skewed by the proxy votes of big-four lawyers, meaning the views of the high street contingent probably weren’t given a fair hearing. At the same time, the big firms’ promise that they will move to the English regulatory regime if ABSs don’t go ahead does smack of heavyhandedness, given that such a move would have a catastrophic effect on the industry in the country.
But the SLAS’s intervention seems ill-conceived and its timing could hardly have been worse. As Burness chairman Philip Rodney points out on page 4 of this week’s issue, things have moved on since ABSs were first mooted. With the bill preparing for a second reading at Holyrood, things have now progressed to a point of no return.
With change in some form a given, Scotland’s lawyers must decide whether they will help guide it; a law society in opposition to ABSs can hardly expect to have influence on the legislation that governs them.
The issue now is whether both sides can reach a compromise that will allow the big four to access the same funding options as their English competitors while protecting the interests of the SLAS’s members. If they can’t the impact on the Scottish profession will be transformational - and not in a good way.