Forward thinkers reckon plain-vanilla legal advice will not be the source of future profitability for financial lawyers. It will come from providing expertise that adds value to transactions, not least by saving time in striking deals. With the rapid development of online services, the way is open for firms to embrace this approach, assuming they are willing to invest in electronic information provision. Linklaters hit the headlines a couple of years ago with its Blue Flag service, making updated financial regulatory information available online, at a cost. |
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