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Burges Salmon operates in seven key sectors. Which of the sectors do you think will be...

Burges Salmon operates in seven key sectors. Which of the sectors do you think will be most profitable for the firm in the next five years and why

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Answer #1

Burges Salmon operates in the following seven sectors:

energy

financial services

infrastructure

private wealth

public sector

real estate

transport

Of these sectors, infrastructure, energy, financial services sectors will be the most profitable in the coming 5 years.

Due to the great economic downturn that our global economy experienced due to COVID-19 outbreak, sectors like real estate, transport will be really hard hit and the downfall has already started as we stand in April 2020. Automobile sales has seen a huge slump in sales, real estate projects have come to a halt, private wealth might also suffer due to individuals' low level of income and savings during this period (salary cuts, slashed employment etc)

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