S&W The Pulse

It would be difficult to argue against the claim that 2020 has so far been the most significant year within the legal industry since our annual law firm survey began back in 1994. In association with The Lawyer, in this episode we will discuss our key findings of our latest 2020 Law firm survey. Key themes being discussed: competitive pressure, business direction, lock-up, impact of the pandemic and working from home.Firms would have a right to feel nervous, but our survey respondents suggest that this isn’t the case. 69% of respondents feel reasonably confident about the business outlook for their firm, while 11% feel very confident. Just 20% feel not very or not at all confident, which is perhaps low considering the impending economic shocks.When we look back to our findings in 2008, confidence was much lower; 42% of respondents were feeling not very or not at all confident in their business outlook following the global financial crisis. The source of confidence in 2020 isn’t particularly clear.It could ste