The number of law firms in the UK has barely dropped since last year, confounding the naysayers
A drop in law firms’ operating costs during the pandemic has, despite their drop in income, ensured that the profession is holding up well during the crisis.
10,080 law firms were registered last December, a decrease of a mere 2 per cent on last year, according to research from top 30 accountancy firm Hazlewoods.
The news, which follows similar reseach in the last month, further confounded last Spring’s grim predictions that the pandemic would have a significant impact on the UK’s legal profession
Hazlewoods said few legal practices have had to close since the pandemic first hit the UK because the shift to home working has allowed them to significantly reduce operating costs; and firms have...