A growing number of firms are taking a punt on new ventures that you wouldn’t necessarily expect. Take Bird & Bird. The IP and technology-focused firm has just become the latest to launch a new consultancy arm, which would appear to be a world away from its traditional legal practice. Kick-started by several Bird & Bird partners alongside IT change business ASE Consulting, ‘Baseline’ will initially focus on supporting its clients’ trickiest IT projects.
It’s not the only firm to step out of its comfort zone. Eversheds has just announced some unexpected hires in the shape of some regulatory compliance consultants to bulk up the firm’s Financial Services Regulatory Consulting division.
Is this the way to go as more traditional revenues increasingly dwindle?
In other news, the deadline for entering this year’s The Lawyer Awards is rapidly approaching, so please make sure you’re in contention by entering before Friday 27 February.
And in a shock return, Tulkinghorn is now on Twitter and already discussing the City partner, EL James and 50 Shades…Welcome back, Tulks.
Also on TheLawyer.com:
- Taylor Hampton partner and phone hacking victims’ lawyer Mark Lewis has joined Seddons as a partner
- Norton Rose Fulbright moved into the black in 2013/14 with an increase in cash and a reduction in borrowings
- Pillsbury Winthrop Shaw Pittman posted a 3 per cent boost in turnover up to $560m in 2014