I struggled against becoming a lawyer for many years and then qualified in my 30s and it was the best thing I ever did.
I am a solicitor – somewhat reluctantly but very happily. I struggled against becoming a lawyer for many years and then qualified in my 30s and it was the best thing I ever did. I love the deals I love the clients and I love the stimulation. That said it is sometimes hard working vicariously so I am also involved in a small PR company, an electric scooter business and I chair a listed company.
I recently merged my legal business – newlawslegal – into Acuity and we are called AcuityLaw. I am a partner and I lead on corporate work out of the London office with a specific focus on the creative industries – currently building out Acuity Creative as a brand which will be a one stop shop for all creative industries needing legal, business affairs and commercial support.
There are many – for all of us. I think speed and access is a big challenge – AI is a double edged sword - everyone is a photographer, a movie maker and a lawyer, frankly. It is increasingly hard to differentiate yourself especially superficially. I see people fighting for business and clients in all industries looking to drive down prices. I have always been a believer in the trusted advisor – be they a bank, an accountant, a lawyer, a teacher. I am hoping I am still on the cusp of non dilution but I fear for those now coming up through the ranks where human interaction and advice can be replaced by AI.
This is a tool we are developing to help people create their businesses from a solid launch pad. A helpline for start ups. The idea behind it is as a go to indispensable guide to start up life – it will contain all the contact details for grants/for tax help/for access to all of the contracts we advise putting in place to star a business and importantly it will provide access to humans to talk to online or in person.
I have seen a lot of 50:50 disputes when two people start a business without an agreement in place; they fall out and there is no mechanism to settle or split the business. You can see a lot of money and importantly effort go down the drain in this scenario. Another potentially disastrous scenario is when IP is not protected sufficiently.
I am seeing a lot more advice being given and a lot more care being taken thankfully.
I am seeing two extremes if I am honest – big agencies buying up small creative agencies and a wealth of new agencies on the media and tech side – perhaps that really is evolution.
We are growing – every week a new consultant joins it seems; disciplines are expanding and I know we are seeing expansions in our expertise in the UK as well as growing our international reach.