Small law firms
Small law firms are the best! If you follow the legal press (Who doesn’t? Or let’s be really honest) you can’t help but notice a few themes.
- The biggest firm in Australia now has 219 partners. So there’s growth in the traditional sector despite all the so-called business disruption from technology solutions.
- Mergers are painful. At the end of series 2 (from memory) of Suits there are a couple of episodes where there is a merger, describing all the pain of making efficiencies that just about seems to get it right in a bizarrely drama-driven way. The reality reported in the media appears no less dramatic.
- Small firms can be unstable. Here in Canberra, it’s like a bloody chess board the way people firm-hop.