Tuesday 25 July 2017
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The sting in the Troika’s tail

In this world, they say, you don’t get something for nothing. So when Portugal was given its bailout by the Troika, there were bound to be a long list of repercussions. While crippling austerity measures were expected, there are some lesser-known provisions whose potential impact is just surfacing.

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Bouncing back?

NewsFocusWhile the saying goes that things need to get worse before they can get better, experts now say that recent economic indicators suggest that, in 2013, some areas of legal will start to bounce back.

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Suicide pricing ─ how low can you go?

News_FocusDesperate times call for desperate measures – or so we are led to believe. In the short-term, tactical solutions may seem attractive.  But in the long-term, they can harm not only law firms that are using them but also the overall market for legal services.

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It’s not about the money

scissors_moneyMotivation has always been a key challenge for law firms. But the economic environment is affecting everyone: from the most junior lawyer wondering what their future holds - if anything - to the most senior who has no fight left in them.The issue of ‘Who?’ and ‘How?’ to tackle the issue cannot be ignored. And experts suggest that, even if it were available, throwing money at the problem won’t work anymore.

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Actions speak louder than words

newfocus2The economic crisis is fast becoming business as usual, and domestic law firms urgently need to take action if they are to exist in a post-crisis landscape. They need to make tough decisions, say lawyers, and, most importantly, they need to be doing it now.

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