London’s status as a global leader in the legal industry has grown more noteworthy in recent years with more and more firms keen to establish a presence in the UK capital and the city becoming known as a world leader in legal growth.
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Indeed, it’s thought that legal businesses account for around 20% of London office space. This is perhaps in part owing to the fact that London offers legal firms great proximity to many international clients as well as world-leading financial institutions, which of course makes facilitating networking and collaboration easier than before.
Additionally, London has seen an enormous amount of growth in terms of modern work environments and sustainable office spaces. These meet the needs of legal professionals and their clients as well as being an important part of their commitment to sustainability.
A London law firm such as https://www.forsters.co.uk/ can work collaboratively with financial, commercial and even not-for-profit organisations to resolve all manner of legal disputes and provide tailored advice.
Legal Talent
Of course, the increased number of legal firms establishing a strong presence in the capital has the added effect of attracting more graduate talent to the region from across the world, according to the Law Society Gazette.
A Strong US Presence
The number of US legal firms in London has also grown considerably over the past twenty years or so, with approximately 7,000 US lawyers from the US now based in London full-time, further adding to London’s status as a city of legal excellence on the global stage.