The Big Four Challenges Facing the Legal Profession: Overheads, Market Liberalisation, Technology and Client Demands

The author of Tomorrow's Lawyer Richard Susskind (@richardsusskind) recently appeared on an episode of Bloomberg Law with Lee Pacchia (@leepacchia). Lee Pacchia asked: "What is the current state of the legal profession?"

The Barrister Trade is to be Liberalised

Ever since October 2011 the legal economy in England and Wales has seen some exciting new competitors emerge. Thanks of course to the 'Big Bang' moment brought about by the Legal Services Act 2007 - otherwise known as Tesco Law.

All the while the Barrister trade has remained static (bar a few developments such as Stobbart Barristers and myBARRISTER, an online barrister portal) and as we've seen, under attack from Lord Chancellor Chris Grayling and the Justice Department in Whitehall.