Letter: Clients, not law firms, always foot the bill

As merger and acquisitions activities continue to increase it is no surprise that the industry needs more capacity (“London law firms chase scarce talent”, Report, January 10).

It is the market that will dictate the price. The FT’s Due Diligence blog (“Go big or go niche: private equity at a crossroads”, FT.com, January 11) joins the debate asking: “As the cost of talent keeps rising, DD wonders whether even the City’s most prestigious firms will be able to foot the bill?”

The answer is simple. It is not the prestigious law firms who pay the bills, it is their clients who will have to pay.

Roger Ashby
Cannes, France

Letter: Clients, not law firms, always foot the bill
Pinoy Variant