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Aspiring Lawyers - Applications & General Advice
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Law firms as a business- Doubt
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<blockquote data-quote="Kubed" data-source="post: 86636" data-attributes="member: 8822"><p>Because on a fairly simple level, having offices abroad gives you access to those markets. You can run all of your business from a single office in London (as some firms do, with 'best friends' abroad) but if you want to develop a local presence, hire local experts and connect with local companies, you need to have an office in the markets you are interested in. Irrespective of whether it's a shared profit pool or not, the wider strategy and success of the company does not solely depend on whether an individual partner cares about an international presence - if it brings in work, there's money to be made.</p></blockquote><p></p>
[QUOTE="Kubed, post: 86636, member: 8822"] Because on a fairly simple level, having offices abroad gives you access to those markets. You can run all of your business from a single office in London (as some firms do, with 'best friends' abroad) but if you want to develop a local presence, hire local experts and connect with local companies, you need to have an office in the markets you are interested in. Irrespective of whether it's a shared profit pool or not, the wider strategy and success of the company does not solely depend on whether an individual partner cares about an international presence - if it brings in work, there's money to be made. [/QUOTE]
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