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Old 08-06-2022, 06:17 PM
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Originally Posted by Unregistered View Post
Don't be stupid. Clearly the squeeze is real but they're not going to shut down. At most, there will be consolidation.

Most of the Big 4 still dominate high(er) end local work and should be safe so long as Singapore law work is protected. Even Drew corporate, which is like comparatively less top-tier than the other 3.

It's the unremarkable, crappy, mid-tier local law firms with their subpar service levels and unprofitable partners that should be afraid. Quite a number of these firms shouldn't be around - they should either fold or consolidate for survival. Just a matter of time.
Doubtful. Even A&G is not asked to quote on the big ticket matters anymore. MCs are matching big4 quotes and even undercutting. No wonder lucien left. Everything is goin downhill
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