BMW Group and Toyota Motor Corporation (TMC) are pursuing their
successful strategic long - term cooperation in the field of sustainable mobility today by signing binding agreements aimed at long - term
collaboration between the two companies for the
joint development of a fuel cell system,
joint development of architecture and components for a sports vehicle, and
joint research and development of lightweight technologies.
The feasible responses seem to be (i) move into higher - end work, often of an advisory or highly specialist nature: Jeremy Robinson, aviation and competition law partner at Gates and Partners, solicitors, believes that the competition in his practice area does not come, and is unlikely to come, from PLFs or ABSs anytime soon; (ii) form
collaborations short of ABSs or multi-disciplinary practices with complementary non-solicitor businesses (Martyn Taylor, MD of respected solicitors agency, Ashley Taylors, has noticed a huge increase in the number of solicitors» firms looking to work on litigation - related
joint projects with Ashley Taylors; (iii) to the extent possible adopt the practices of more
successful competitors; (iv) innovate.