MyLawyer network unveiled - First fruits of the Legal Services Act
Thursday, June 12th, 2008This week saw the first unveiling of the MyLawyer concept to the legal press, as our first press hit the wires, giving a little taster of what to expect from the MyLawyer network when it is launched. Press reaction has been very positive, with the story most notably making the front page of The Gazette today.
The article explained how the launch of MyLawyer will put pressure on high-street firms as they aim to adapt to changes in the legal market - the Gazette piece quotes Richard Cohen, our joint CEO: “…perhaps the largest unexpected threat to high street Solicitors may come from inside the profession itself. Those firms who are unable to or have not yet considered the ramifications of a changing market may end up facing a second, possibly greater challenge than that exerted by the major financial institutions. High street Solicitors stand to lose market share to other law firms that are embracing the competitive advantage of technology and the distribution of the internet.”
You can see the full press release here.
We believe MYL is the future of legal transaction: smart, open, accessible, online – and yet backed with top quality legal expertise and the ability for direct contact with lawyers if required. We’ll be keeping you up to date with progress here as we head towards the launch of MyLawyer later in the year, but in the meantime you can register your interest by going to mylawyer.co.uk and completing the online signup.