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The rise of the Neobanks in the UK
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<blockquote data-quote="FreddyS" data-source="post: 5820" data-attributes="member: 14"><p>I think it's a great story to use. Unless the question asks you to write about the impact of law firms, I don't think you'd need to mention it in your answer. If it does, you could really take it in any direction you want. e.g. make a broader point about how technology is encouraging new entrants to markets and the impact of this on law firms? So it could mean law firms have new clients (like you said). You could say this is an issue that is also affecting the legal sector, with traditional law firms facing competition from more agile entrants that use technology. And maybe how law firms, just like traditional banks, need to learn to adapt.</p></blockquote><p></p>
[QUOTE="FreddyS, post: 5820, member: 14"] I think it's a great story to use. Unless the question asks you to write about the impact of law firms, I don't think you'd need to mention it in your answer. If it does, you could really take it in any direction you want. e.g. make a broader point about how technology is encouraging new entrants to markets and the impact of this on law firms? So it could mean law firms have new clients (like you said). You could say this is an issue that is also affecting the legal sector, with traditional law firms facing competition from more agile entrants that use technology. And maybe how law firms, just like traditional banks, need to learn to adapt. [/QUOTE]
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