Law firms hire external execs

Almost a quarter of British law firms now have one or more non-executive directors on their board, as firms seek to hire specialist external management teams to compete in an increasingly commercial sector. Some 24 per cent of the UK’s Top 100 law firms have added a non-exec to their board, according to executive search firm Edward Drummond, which said law firms are adopting corporate management structures similar to the equivalent sized stock market- listed firms.