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Armstrong Watson Legal News April 2019

Keeping you up-to-date with the legal stories that matter...

This month saw another (and by far the biggest) law firm flotation, this one the first on the main market. There is a split of opinion on whether this particular model of legal business is a good one, but what is clear is that “the business of law” is becoming more commercial – just ask some of the law firms that have mentioned in the media this month as they have gone into administration. Could this be two sides of the same coin? As law firms struggle for cash, different routes have to be found or failure beckons. Talking of struggling for cash, were you one of hundreds of firms caught up in Anti-money laundering “health check” conducted by the SRA? One route not open to any of us is just printing our own..!

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