
Typically, lawyers act as self-employed consultants, retaining about 70% of their earnings, with the consultancy firm providing the overarching structure and support. As Jaggard writes, consultants can also ‘scale their operation within a lean environment, recruiting their own consultants and employees’. Law firms such as Taylor Rose MW, which has 700 fee-earners in its consultancy division as well as its traditional practice, also benefit. In fact, the firm is now expanding its consultancy division into Australia.