Give Us the Same Freedom As England or We Will Head South If Executive Rejects Falconer Recommendations, Firms Could Break for the Border
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Summary
THE government's response to December's Clementi report was as radical as expected, and few are forecasting that the tidal wave of change soon to engulf the legal profession south of the border will exhaust itself at Berwick.
Dundas & Wilson, Scotland's second-biggest law firm, certainly does not, and today fires a remarkable "shot across the bows" of the Scottish profession's conservative tendency.See the full content of this document
Extract
Give Us the Same Freedom As England or We Will Head South If Executive Rejects Falconer Recommendations, Firms Could Break for the Border
Chris Campbell, managing partner, has warned that D&W could metamorphose into an English firm unless Scots practices are granted the same access to external capital which Lord Falconer, the Lord Chancellor, is giving their southern counterparts.
"The Scottish profession has to have the same freedoms as the English profession, " he stressed. "If, for example, having external investors emerges as the right way to go (for us) but is not permitted in Scotland, then we would consider taking t...See the full content of this document
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