14 July 2023
The rise of legal consultants has been a game-changer for lawyers who want to work independently, manage their own caseload, and reduce the burdens of self-employment. In this week’s NLJ, Adrian Jaggard, CEO at AllC Group & Taylor Rose MW, looks ahead to the expansion of this model of working—research suggests one third of lawyers will work this way by 2026—and offers advice on how to prepare now for the changes to come.
Typically, lawyers act as self-employed consultants, retaining about 70% of their earnings, with the consultancy firm providing the overarching structure and support. As Jaggard writes, consultants can also ‘scale their operation within a lean environment, recruiting their own consultants and employees’. Law firms such as Taylor Rose MW, which has 700 fee-earners in its consultancy division as well as its traditional practice, also benefit. In fact, the firm is now expanding its consultancy division into Australia.
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