Costs of capital – senior counsel discuss hard lessons from the post-Lehman clampdown

With regulatory focus on financial services business unrelenting, effective risk management strategies are vital. We teamed up with Cornerstone Research to assess the challenges Nine years ago, the financial services world began undergoing seismic changes with the onset of the credit crunch that have left the industry where it is today. The aftermath led to …

Soft law, hard sanctions – Human rights laws and the next risk front facing business

With human rights issues entering the mainstream of business practice, we teamed up with Herbert Smith Freehills to assess how new standards are changing the way in-house counsel operate It turns out that the next risk front facing business and promising to reshape the role of general counsel (GCs) is a piece of legislation notorious …

Working smarter – eight ideas to upgrade your team

As in-house teams handle more complex work, GCs are coming under pressure to rethink their tactics. Here are eight ideas to upgrade your legal team Let’s start with an assumption: we will reach peak in-house. Though the in-house profession has hugely expanded over the last 15 years – those in the private sector growing threefold since …

‘Do we believe in Africa?’

‘Do we believe in Africa?’

As we reported in our dispute resolution Insight ‘Clause and effect’ last year, Africa has become a disputes hotspot. With a fall in commodities prices leading to abandoned projects, disputes work is becoming even more plentiful. Discussing dispute resolution in a developing continent comprising 54 disparate jurisdictions can lead to huge generalisations, but when it …

Passion Plays – the outside interests broadening the horizons of the modern GC

General counsel have more responsibilities than ever yet many find time in the schedule for outside commitments. James Wood reports. Working long hours, expected to be available at all hours, and labelled a cost-centre. Such are the pressures of life in-house. The days of commerce and industry as a softer option for lawyers than the …

Up in the air – As Brexit looms, GCs face leap into the unknown

Business is struggling to find a response as the Brexit vote looms. We team up with Herbert Smith Freehills to explore the impact… and GCs’ options. ‘One day Alice came to a fork in the road and saw a Cheshire cat in a tree. “Which road do I take?” she asked. “Where do you want …

Deep Blue sky thinking: The cutting edge of legal AI

Artificial intelligence is big news once again in law and beyond. Legal Business speaks to leaders in the field of advanced automation to assess what it means for the profession. > How are you today? * I’m afraid AI will change the legal profession. > How long have you been afraid AI will change the …

More than half of GCs expect AI to reshape their teams within five years

In-house lawyers have been notoriously slow to embrace the tech-backed delivery of legal services, but our survey of more than 600 global legal spend decision makers shows many believe technology will transform the way they work. More than half of those surveyed expect automated legal services to have a significant impact on the way corporate …

The fix – how to resolve the tensions at the heart of modern arbitration

With growing caseloads and global appeal, international arbitration is blossoming – as is criticism of rising costs and delays. As some practitioners develop tactics to ‘fix’ arbitration, will they do more harm than good? It has taken 25 years since the end of the Cold War for states to fully embrace the notion of settling …