Counsel Culture: The Business of Law Podcast

HSBC's 2024 Law Firm Strategy Report: A Conversation with Victoria Ritchie

January 25, 2024 Byfield Season 1 Episode 55
HSBC's 2024 Law Firm Strategy Report: A Conversation with Victoria Ritchie
Counsel Culture: The Business of Law Podcast
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Counsel Culture: The Business of Law Podcast
HSBC's 2024 Law Firm Strategy Report: A Conversation with Victoria Ritchie
Jan 25, 2024 Season 1 Episode 55
Byfield

This week Meg is joined by HSBC’s Head of Professional & Business Services, Victoria Ritchie.

They discussed various aspects of HSBC's annual law firm strategy report for 2024 including, how law firms are planning for the impact of the basis period reform on their finances, how they're investing in ESG, overseas expansion and technology and how banks are helping them facilitate those investments.  They also explored the relationship between in-house lawyers and external advisers when considering the ESG requirements for working with certain law firms or banks.

Show Notes

This week Meg is joined by HSBC’s Head of Professional & Business Services, Victoria Ritchie.

They discussed various aspects of HSBC's annual law firm strategy report for 2024 including, how law firms are planning for the impact of the basis period reform on their finances, how they're investing in ESG, overseas expansion and technology and how banks are helping them facilitate those investments.  They also explored the relationship between in-house lawyers and external advisers when considering the ESG requirements for working with certain law firms or banks.