Legal Business

Power brokers

As all eyes turn to energy as the safe hedge in a turbulent market, there is no doubt that the sector’s general counsel are in an excellent bargaining position

In terms of legal spend, an energy company is a particularly lucrative client. To begin with, the acquisitive nature of these cash-rich corporates means that transactional advice is clearly a must. Also, as the recent BP oil spill all too effectively demonstrated, the high-risk nature of the industry provides a fair flow of environmental and litigation instructions too.