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UK law’s profit surge slows as M&A drought drags on boom years
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fnlondon.comProfits at UK law firms are being squeezed amid a high-inflation environment, early reporting from the sector’s 2022-23 financial year suggests.
A global fall in M&A activity combined with high inflation and intense competition on pay in the sector looks to be taking its toll on partner profits.
“What we are seeing is high single digit growth...
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