The legal sector is well-known for its entrepreneurial abilities – offering new services and advice to keep up with the needs and expectations of clients. However, in an increasingly saturated market, and when profit margins are stable, it can be hard to take the leap into further expansion – especially when the climate is ever-changing for businesses.
With this in mind, Business Wales invited some of the law firms it has supported to share their plans and experiences of growth with others, to inspire and showcase the benefits of taking a leap beyond the status quo.
Are you looking to expand your client base and geographical reach and need more than an organic growth plan up your sleeve?
The law firms interviewed below explain how they have positioned themselves to attract clients in England and overseas, and what management information is needed to justify diversify into new areas of legal advice – and new locations.
In the video below, Glyn Lloyd, Partner at Newfields, Emily Littlehales, Partner at Celtic Law, Clive Thomas, Managing Director at Watkins & Gunn & Gareth Gwyndaf Jones, Director at Gomer Williams & Co to understand their journey and ambitions for their firms, people and clients.
Building a resilient legal sector for Wales
Business Wales is committed to supporting the growth and resilience of the legal sector in Wales and to help small to medium sized law firms achieve their ambitions, with confidence.
To thrive, legal practices and leaders need to overcome common challenges around increased competition, succession planning, recruitment and retention, leadership, diversity and inclusion, technology, business operations and marketing.
See how Business Wales can help your practice
Business Wales can help your legal practice by advising on:
- Technology and process change
- Recruitment and retention
- Diversity and inclusion
- Managing the environmental and social impact of your business
- Exporting legal services internationally
- Expanding into new markets
- Workplace culture
- Education and training
- Succession planning
- Leadership and management
Contact one of the Business Relationship Managers today to see how Business Wales can help your law firm grow and build an aspirational place to work. Speak to an advisor today.
To view more inspiring case studies, click here.