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Harriet Gamper at the Solicitors Regulation Authority discusses the regulator’s recent warning notice concerning "no win, no fee" arrangements in high-volume consumer claims, aimed at offering lawyers clarity in understanding their obligations following findings that many law firms were failing in their duty to protect clients' best interests.
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The proposals in the second part of Brian Leveson's long-anticipated independent review of criminal courts, aimed at easing pressure on the criminal justice system and restoring public confidence, are broadly welcomed, but without structural change and sustained funding, they risk becoming little more than temporary fixes, says Vicky Lankester at Brett Wilson.
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Aaron Le Marquer, Stewarts' head of insurance, discusses the challenges of conducting defamation proceedings in Thailand, why the minimal impact of the Insurance Act 2015 is disappointing, and how working in diverse environments provides a more holistic understanding of the way insurance works.
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Deborah Kirk, Skadden's head of intellectual property and technology, discusses the challenges of cross-disciplinary collaboration on a transaction, how the proliferation of artificial intelligence is forcing clients to rethink their IP and data strategies, and why flexibility, curiosity and dynamism are key as a lawyer.
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Joseph Lappin, head of employment at Stewarts, discusses the challenges of representing barristers with very high IQs, how the employment tribunal system is crying out for proper investment, and the Financial Conduct Authority's inconsistent approach to nonfinancial misconduct.
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Anna Cartwright, co-head of Jones Day's real estate practice, discusses the challenges of working on a transaction requiring regulatory expertise from multiple regions, why new regulatory complexities in the real assets sector can introduce risks for clients, and how the convergence of real estate and infrastructure is playing out in asset managers' investment decisions.
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Corinne Aldridge, head of employment at Kingsley Napley, discusses the challenges of leading a transaction requiring local employment law advice from multiple jurisdictions, how the perception of workplace conduct has changed dramatically in recent years, and why people skills and empathy are key in her field.
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Gavin Coull, head of insurance and reinsurance at Birketts, discusses litigating in the aftermath of the London Market Excess of Loss spiral, how reinsurance disputes have grown in scope in the last few years, and why understanding commercial drivers is just as important as learning the law.
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Aymen Mahmoud, co-head of the London transactions practice at McDermott, discusses the challenges of navigating a complex cross-border financing in his first matter as partner, why regulators should resist the instinct to fix what is not broken, and how private capital continues to reshape the landscape.
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Perks make headlines as law firms look for ways to draw in the best talent, but while they add value, they cannot replace competitive and transparent pay or the realistic career road map that form the fundamentals of a strong recruitment strategy and result in long-term engagement, says Adam Stocker at Major Lindsey.
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Samantha Brown, HSF Kramer's managing partner for employment, pensions and incentives for U.K. and Europe, the Middle East and Africa, discusses the challenges of managing a deal where many of the commercial aspects were new to the buyout market, why pension adequacy needs attention, and how new pensions legislation makes it an exciting time for schemes and their advisers.
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Entrepreneurs are increasingly using artificial intelligence in their operations to model valuations or test market timing, and the same sophistication is expected from those advising them, so lawyers should use AI tools responsibly to reinforce their judgment and good advice, says Amen Alonge at Farrer.
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Neil McDonald, head of the corporate and M&A group at Walkers Global in London, discusses the challenges of conducting a multijurisdictional transaction with a pressing timeline, the need for regulation to keep pace with innovation, and why a willingness to go the extra mile to assist clients is so important.
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If left unchecked, four megatrends — polarization, artificial intelligence, Gen Z and saturation — could threaten law firm growth or even long-term survival, but if well managed may be turned into opportunities to empower a brand, says Leor Franks at Kingsley Napley.
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Paul Medlicott, head of private equity at Addleshaw Goddard, discusses the challenges of working on a deal involving five separate acquisitions in one day, why foreign direct investment legislation would benefit from refinement, and how the evolution of private equity has been positive for the industry.