The decade since the fall of Lehman has seen some dramatic changes to the profession, not least law firms’ risk teams. Ten years since Legal Business first collaborated with broker Marsh to create our annual risk management and professional indemnity survey, progress has been made but the threats to the key players within the industry have become more ominous.
We gathered together leading risk experts from some of the UK and international firms most affected by increased regulatory scrutiny, geographical cohesion, data security and PR disasters to reflect on the evolution of law firm risk management and look ahead to see how the landscape could develop over the next ten years.
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