Personal injury firms feel pinch as pressure to consolidate intensifies
The sudden demise of Manchester-based personal injury law firm Donns, with ongoing cases sold on and all staff made redundant, has been hailed as a portent of market shake-up and consolidation, with other firms set to be swallowed up.
Lawyers are under pressure from all sides. They claim the cost of meeting basic regulatory compliance has soared, while the global financial crisis has exposed the practice of partners taking out too
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