I’m sometimes asked about why law firms outside the U.S. and U.K. tend to be less profitable than their Western rivals. Are firms in the U.S. and U.K. that much better than everyone else?
The answer is both simple and complex.
A look into the theory on the financial benefit of common law legal systems.
April 12, 2023 at 06:00 PM
4 minute read
I’m sometimes asked about why law firms outside the U.S. and U.K. tend to be less profitable than their Western rivals. Are firms in the U.S. and U.K. that much better than everyone else?
The answer is both simple and complex.
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