Headline this evening in The Lawyer “Firms to go bust will top 3,000, says Mayson”.
TAKE NOTE.
Mayson is Professor Stepen Mayson, director of the College of Law’s new Legal Services Policy Institute, who is giving his inaugral speech tonight.
This warning echoes similar warnings made by Professor Mayson at a Law Society presentation I attended back in mid February on Alternative Business Structures under the Legal Services Act. That night, he began his address by saying he was alarmed at the general “complacency” and “ignorance” within the profession about its future, based on his experience of talking to firms up and down the land. His talk then still resonates. So will his speech tonight.
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