Singapore swing – a credible threat to the dominance of English law

Singapore swing – a credible threat  to the dominance of English law

English lawyers have long had an edge over their US and continental colleagues. English law was established early as the law of trade, business and increasingly projects – a throwback to the days of the Empire. This was a major driver of growth for UK-based firms in recent decades, but it is well known that …

Guest post: How to run up a $1.6bn legal bill – the Nortel bankruptcy should be a wake-up call for the insolvency industry

Guest post: How to run up a $1.6bn legal bill – the Nortel bankruptcy should be a wake-up call for the insolvency industry

What is a fair and equitable distribution of $7.3bn of global bankruptcy assets between multinational creditors where no legal mechanism exists? This is the unenviable question which the US and Canadian courts sought to answer by their joint rulings in the Nortel Bankruptcy in May 2015, and which the parties will be attempting to renegotiate …

Comment: NRF’s Martyr – ‘Society craves balance but the profession drives our people in a different direction’

Comment: NRF’s Martyr – ‘Society craves balance but the profession drives our people in a different direction’

Our profession is facing a growing tension between the drive for profit – the resurgent guiding principle of the 2000s – and the increasing demand for more social responsibility among businesses. Post-recession, we can add increased competition, the scrutiny of the business press and a growing focus on efficiency into the mix, all of which …

Breeding cynicism – a call to move past the money-driven culture afflicting law

Breeding cynicism – a call to move past the money-driven culture afflicting law

NRF’s Peter Martyr argues senior lawyers need to speak out for a more responsible vision of the profession Our profession is facing a growing tension between the drive for profit – the resurgent guiding principle of the 2000s – and the increasing demand for more social responsibility among businesses. Post-recession, we can add increased competition, …

Guest post: Osborne’s bizarre personal injury proposals

Guest post: Osborne’s bizarre personal injury proposals

Many of us watched the Chancellor’s Spending Review speech because of controversial proposals such as cuts in tax credits for the low paid. He gave us a pleasing U-turn on that. Then he surprised us all with an attack on lawyers and victims of accidents. Don’t ask me what this had to do with a review …

The Disputes Yearbook: Simmons’ Passmore on the flow on effects of Three Rivers

The Disputes Yearbook: Simmons’ Passmore on the flow on effects of Three Rivers

In June this year, the Hong Kong Court of Appeal held that the English Court of Appeal decision in Three Rivers (No.5) does not represent Hong Kong law. This is, of course, the 2003 English Court of Appeal decision well-known for the challenges it presents companies who wish consultations with their legal advisers to benefit …