Birmingham's legal community had the chance to question one of
the UK's leading lawyers as part of a nationwide conference series
organised by the city's Yorkshire Bank Financial Solutions
Centre.
Peter Scott, the former managing partner of top London and
European law firm Eversheds, was the key speaker on a national
teleconference hosted by Yorkshire Bank on the subject of how legal
practices need to change following the recession.
Five law firms from Birmingham along with representatives from
insurance companies joined Yorkshire Bank's senior partner Mike
Kelly to question Peter on how the sector needs to be able to
respond to the differing needs of clients following the economic
downturn.
Stephen Cronin, managing partner at Yorkshire Bank's Financial
Solutions Centre in Temple Row, said the teleconference was a great
opportunity for the city's lawyers to quiz one of the UK's top
legal professionals since Peter is now an advisor, trainer and
coach to many law firms.
Stephen said: "Peter was able to pass on a wealth of experience
and insight gained from his career at a leading international legal
practice. The market in which law firms now operate is very
different as the UK economy looks to grow out of recession, and
many clients have very different needs.
"Lawyers have to adapt, as most businesses do, and Peter
discussed how firms need to continue to focus on fundamental
principles such as identifying client needs."
This legal sector teleconference was part of a nationwide series
of events being hosted by Yorkshire Bank to allow corporate and
business customers the chance to network and hear from the UK's
leading economists and professionals.
Future events will focus on the economic impact of the general
election, exchange rates affecting farmers, food manufacturing and
charities.