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Analysis

A long time in politics

Political uncertainty, Brexit and a choppy global market – there was plenty on the agenda of City firms for our recent round table debate

Posted on 26 September 2017 09:30am26 September 2017 08:39am
Alex Novarese
Legal affairs BrexitLeadership

Oh for the days when politics was the last thing on the minds of City advisers. For years, British politics was an ignored backdrop for a legal profession used to a globalist, free-market agenda since the 1980s. How quaint such times seem in a national economy and City now overshadowed by Brexit and a convulsing political dynamic in a country once famed for stable one-party government.

Teaming up with NatWest, Legal Business gathered a group of senior City lawyers on the evening of the UK’s general election on 8 June to gauge what is on the agenda for the UK’s largest law firms. If nothing else it was striking how concerned – and disenchanted – City lawyers have become with the political classes and uncertainty… even speaking just hours before it became clear that the Conservative government was to lose its working majority.

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