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The "sustainable consolidation" of nearly 1,200 small criminal law firms could be driven by requiring them to have a minimum number of duty solicitors, the Law Society has proposed as its alternative to price competitive tendering.
Dynamo is looking to recruit 245 law firms across England and Wales to its collective marketing scheme and build a £7m advertising war chest.
Chris Grayling, the justice secretary, put the Law Society in the driving seat on the criminal legal aid cuts while repeatedly attacking barristers and the Bar at a meeting of the justice select committee.
Competition from alternative business structures (ABSs) has increased pressure on law firms to the point that 2,500 are at risk of financial failure in the coming year, according to business recovery specialists.
The Solicitors Regulation Authority has closed City firm Rohrer & Co following an intervention, citing ‘reason to suspect dishonesty’.
As many as 2,550 or 31 per cent of law firms across the UK are 'at risk' of failure in the next 12 months, research by the Association of Business Recovery Professionals or R3 has suggested.
Chris Grayling, the Justice Secretary has made a U-turn over his controversial plan to deny defendants on legal aid the right to choose their solicitor.
City law firms have joined the attack on the government's legal aid cuts, warning that they 'pose a potentially irreversible risk to the standards and reputation of English justice'
The concept is not an “anti-solicitor model”, he argued, but is in response to government cuts and changes to the legal landscape.
Many small firms are better placed than they realise to thrive in the legal market, according to the solicitor who created the largest law firm network in the country.
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