Employee Ownership within Law Firms – a growing trend?
Of the approximately 9,500 solicitors firms in the UK, an estimated 20 are now employee-owned, in most cases through an employee ownership trust (EOT). A tiny percentage, yes, but one which I believe is set to grow over the coming years as practices grapple with multiple challenges which for many will make the traditional partnership model no longer fit for purpose.
21/06/2023