Latest / The Non-Billable Podcast
Why the UK’s biggest law firms are pulling away from the rest of the market
PwC’s latest law firm survey points to a growing divide in the UK legal market. The largest firms are pulling ahead, specialist players are finding profitable niches and parts of the mid-market are coming under increasing pressure.
Mark Anderson, who leads PwC’s professional business services sector, joins the podcast to explain why more law firm mergers are inevitable and how firms caught in the “squeezed middle” can respond.
We also discuss why widespread AI adoption has yet to translate into financial returns, how the technology could reshape pricing, whether external capital has a role in…
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