Respondents to PwC annual lawyers’ survey say costs are growing faster than fee income
Cost pressures from high inflation and an inability to pass the burden on through pricing to clients are among the biggest concerns of the top 100 law firms in the UK, according to a survey, as billable hours fall across the board. Staff and support function costs are growing at a faster rate than fee income, according to the annual PwC law firm survey, which polls the top firms by global revenue.
Despite cost pressures, UK firms have had to keep pace with their US rivals, which have outposts in London and have been hiring aggressively. Rivalry from US peers was cited by the top 10 UK firms in the survey as their greatest competitive threat. That may have helped increase average headcount among the top 10 — from support staff to equity partners — by 1.8 per cent on the previous year. For firms in the 11-25 bracket, headcount grew 3.3 per cent.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Watchdog must maintain powers to scrutinise big tech firms, says Rocio Concha of Which?Dear Rocio, How can ministers ensure disputes over tech giants' powers don't drag through the courts?
続きを読む »
Tottenham Hotspur Stadium vandalised before NFL game with damage costs expected to hit six figures...Tottenham should be eyeing a move for Ivan Toney if they want to win the Premier League title, according to talkSPORT's Gabby Agbonlahor, with north London rivals Arsenal also set to show interest in the Brentford man.
続きを読む »
Fury as woke council’s ‘ridiculous’ four-day working week costs taxpayers £3.3m a year...A WOKE council is costing taxpayers £3.3million a year by letting staff do a four-day week on full pay. Opponents to the trial at Lib Dem-run South Cambs District Council claim that is the total bi…
続きを読む »
Fall costs Martin title lead: 'It was perfect but shit happens, a 1m mistake'Jorge Martin’s reign at the top of the MotoGP world championship lasted just 24 hours after the young Spaniard fell from the lead in Sunday’s Indonesian Grand Prix.
続きを読む »
Bond market rout supports ECB pause, says Spanish central bank chiefPablo Hernández de Cos says higher borrowing costs underline governments’ need to reduce deficits next year
続きを読む »
Call for help after boy's cancer led to costly expensesArtie's family want more government support to cover costs associated with long hospital stays.
続きを読む »