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Aspiring Lawyers - Applications & General Advice
Applications Discussion
Who are our competitors?
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<blockquote data-quote="Romiras" data-source="post: 114235" data-attributes="member: 1993"><p>I imagine the idea is that they're competing on price offering (i.e. whoever can innovate and offer the best price wins the mandate over their 'competitors'). It's a relatively simplistic view and isn't reflective of what is actually quite an asymmetric market (depending on which industries you're looking at).</p><p></p><p>It's better to focus on what type of work the firms try to compete for, their international coverage, conflicts, etc.</p></blockquote><p></p>
[QUOTE="Romiras, post: 114235, member: 1993"] I imagine the idea is that they're competing on price offering (i.e. whoever can innovate and offer the best price wins the mandate over their 'competitors'). It's a relatively simplistic view and isn't reflective of what is actually quite an asymmetric market (depending on which industries you're looking at). It's better to focus on what type of work the firms try to compete for, their international coverage, conflicts, etc. [/QUOTE]
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Who are our competitors?
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