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Leeds law firms looking healthy
11 July, 2008The market is looking up for law firms in the UK it appears, as one law-based marketing firm reports two new sponsors.
The market is looking up for law firms in the UK it appears, as one law-based marketing firm reports two new sponsors.
The law sector has been looking bleak as a result of recruitment drops connected to the falling housing market and, along with unemployment; a withdrawal from marketing typically accompanies such an economic slump.
However, in a sign that confidence is returning to the sector, two sponsors have come out to support Leeds Legal, the organisation whose aim it is to raise the profile of the industry in Leeds; the second largest legal centre in the UK, after London.
The Leeds offices of Irwin Mitchell and Beachcroft are the organisation's latest sponsors, and the funding of such projects suggests that the financial outlook for legal firms does not look universally negative.
Certainly, there are some areas of the sector that are benefiting from the economic slump, such as those firms that specialise in insolvencies and repossessions.
Alan M Baker, chairman of Leeds Legal, said: "We're delighted to welcome Irwin Mitchell and Beachcroft on board.
"Our campaign continues to develop and we're keen to expand even further, building on the momentum generated so far. Securing support from prominent firms like these is vital if this is to happen."
The long, drawn-out sale of British Energy (BE) to EDF Energy has come to an end after the French energy firm bought BE for £12.5 billion, it has been reported.
Government hopes to have an EDF Energy-British Energy (BE) tie up within two weeks have been dubbed "optimistic" by the British nuclear company, according to a recent report.
Gordon Brown is facing the prospect of a major defeat over the government's reluctance to impose a windfall tax on energy companies, it has been reported.
The City of London has launched a campaign against Gordon Brown in order to convince him that introducing a windfall tax on energy companies should be avoided.
TaylorWimpey has reported phenomenally poor first half results for the year so far, recording a loss of £1.5 billion, it has been announced.


