If this year's UK200 is anything to go by, the majority of UK law firms are in robust health. Indeed, they are finally fighting back against the growth of US competitors.
So why are so many upending their partnership models?
In part one of our two part podcast series celebrating the 20th edition of The Lawyer's UK200, editors Catrin Griffiths, Christian Smith, Matt Byrne, Katy Dowell and Richard Simmons sit down to discuss what this year's UK200 report tells us about the health of UK law firms and how a partnership evolution is changing the way law firms operate.
Come back in a fortnight for part two, when we reveal our picks for the five law firms to watch - for good or for ill.