Strongest quarter for new law firm start-ups in nearly three years announced

Smaller boutique practices perform well as SME firms see slow improvement

The last financial quarter saw an increase in the number of new 'start-up' law firms suggesting that the legal sector is in recovery mode, according to one of the UK's leading commercial finance groups.

Research from LDF, a funder and credit broker to UK businesses, shows that the net gain of 82 new firms in the last quarter of 2014 was the highest number in over two years compared to the net growth of 83 law firms in the last quarter of 2011.

Read the full story at Solicitors Journal.

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