This will come as a ‘big threat for small and medium sized firms’, he says. He continues: ‘The reality is that they may no longer need the number of trainees they once did if they move away from lower value work. There will always be demand for the services the top firms provide for bet-the-company matters.’ Interviewed in a blog for the law firm Halebury, he explains that for the last four years his in house team has been ‘moving our lawyers up the value chain by utilising their skills in-house on higher risk and greater value work’. Source: Halebury