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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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Series
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.
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The judiciary’s recently updated guidance on the use of artificial intelligence warns judges and tribunal members about misinformation and white text manipulation, providing a reminder that AI tools cannot replace direct engagement with evidence and reflecting a broader concern about their application when handling confidential material, say lawyers at Hogan Lovells.
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Philip Richardson, head of employment law at Stephensons Solicitors, discusses the challenges of an emotionally charged case that put his client management skills to the test, whether the Employment Rights Bill strikes the right balance for employees, and how there still needs to be greater focus on quality control for artificial intelligence.
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The recent explosion in artificial intelligence has led to prompts and AI outputs that may be susceptible to disclosure in proceedings, and it is important to apply familiar principles to assess whether legal privilege may apply to these interactions, say lawyers at HSF.
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Series
Kate Ball-Dodd, Mayer Brown's head of corporate and securities in London, discusses the challenges of selling a majority stake in Celtic Football Club to its fans, how current dividend rules are a complicated trap for the unwary, and why generative artificial intelligence tools will provide clients with the ability to digest more information in a cost-effective manner.
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Michael Leftley, head of employment at Addleshaw Goddard, discusses the challenges of combining novel legal issues with lawyers' expectations, why he believes the system for workplace conflict resolution is broken, and the importance of possessing a broad skill set that includes good emotional intelligence.
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Ranajoy Basu, global head of structured finance at Squire Patton, discusses the challenges of working on a transaction recognized by the G20 as a "game-changing financial innovation," the benefits of streamlining pretransaction due diligence, and why increased market activity in alternative asset securitizations is likely.
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Opinion
The crumbling foundations of Britain’s legal system require innovative solutions, such as investment in institutional infrastructure to reduce court backlogs, a widening of the Competition Appeal Tribunal’s remit and legislative clarity over litigation funding underpinning collective actions, says Neil Purslow at the International Legal Finance Association.
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Series
Mark Castillo-Bernaus, global chair of project finance at Baker Botts, discusses the challenges of working on a global project financing in multiple time zones, the need for consistency in regulatory frameworks across different jurisdictions, and why lawyers who work constructively with clients and colleagues tend to deliver better outcomes.
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Series
Selina Hinchliffe, head of commercial services at Shakespeare Martineau, discusses the challenges of advising a large U.S. corporation on complex licensing issues, how copyright law is struggling to keep pace with technology, and why mastering contract drafting and negotiation is so important for IP lawyers.
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Series
Patrick Brodie, head of employment at RPC, discusses the challenges of working with government departments and National Health Service trusts to find common ground between competing interests, the increasing use of AI in recruitment and performance management, and why finding an exceptional mentor is so important.
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Recent U.K. court decisions have shaped a framework for interim licenses in global standard-essential patent disputes, under which parties can benefit from operating on temporary terms while a court determines the final fair, reasonable and nondiscriminatory terms — but the future of this developing remedy is in doubt, say attorneys at Fish & Richardson.
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Series
Neil Coulson, chair of intellectual property at Baker Botts, discusses the challenges of tackling a patent litigation with a short timetable, the post-Brexit delineation between the European Union's and the U.K.'s approaches to trademark examination, and why it is important to be able to discourse with clients easily on technical topics.
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Series
Kathleen Healy, partner in London and co-leader of Freshfields' people and reward practice in Asia, discusses the challenges of advising on employment and industrial relations during the financial crisis, why the employment tribunal system would benefit from additional funding, and how reforming noncompete clauses will create plenty of legal and practical issues.