Despite up to a third of firms moving their renewal date since the liberalisation of the PII market three years ago, brokers are still expecting 90% of firms to need to renew on the traditional 1 October deadline.
Records management costs can run high in a law office. Solicitors sift through enormous amounts of files on a daily basis, and there’s no getting around the need to keep information organised and accessible.
Law firms, dealing with this uncertainty is far from easy. Public utterances may be about “opportunity” and “business as usual” but, behind the scenes, law firm leaders are wrestling with decisions about growth and markets, deal volumes and pipeline, and headcount and salaries.