Resumen de Sir Nigel Knowles: : The end of the legal market as we know it is nigh

• Prosperity is all around, but that will only lay bare fundamental problems in a sector accelerating towards its judgement day The wave of positive economic data that ushered in the new year has become positively tidal as momentum and growth, now driven by increased business investment levels as well as consumption, has buoyed markets and even had commentators whispering that Bank of England governor Mark Carney will be forced to raise interest rates earlier than advertised. This now seems inevitable, even if the hike is unlikely until next year. The outlook is bright for corporate deal activity too, with IPOs continuing their upward trajectory and M&A volumes picking up significantly.