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@Jonathan Massey
Remind us - you are still a trainee? If so, you'll soon realise the error of your statement to "just keep billing hard". Costs are being squeezed all the time and as Quindell/Slater & Gordon have found out, projecting profits on costs which aren't going to be recoverable is not a game-changer. It's commercial suicide in today's era which is why the previous anon comment at 4.25pm is relevant - his practice is thinking of giving up fast track work completely.