Old money still resides in the US and Europe, but private wealth growth has exploded in China and India. Wealth management teams at some UK law firms are matching the needs of a new wave of global clients by offering high-end, commercial advice on an increasingly global platform
Despite the increasing popularity of arbitration, a significant number of clients have been disappointed by the performance of an arbitrator. LB asks what can be done to improve faith in the system When something gets a mention in the Chancellor of the Exchequer’s Budget speech, it is usually important. So when George Osborne spoke of …
Discussion over scrapping the single professional indemnity insurance renewal date and consigning the assigned risks pool to history has reignited. LB reassesses the state of play In our report last year, it seemed that the debate over whether to move away from a single renewal date for law firms’ professional indemnity insurance (PII) had been …
Continue reading “Moving the Goalposts – Risk Management Survey Part 4”
With risk management teams struggling to cope with cost and time pressures, the move to outcomes-focused regulation is stretching resources to their limits, despite the best intentions of the SRA.
Despite the perceived threats brought about by regulatory changes and law firm collapses in 2010, our survey shows that the real risks are more prosaic.
2011 was always going to be a turbulent year, but the arrival of several new challenges has put risk teams under greater pressure than ever. There’s never been a more important – or perhaps a more stressful – time to be a risk manager at a law firm. Previous Legal Business and Marsh risk management …
Continue reading “Moving Targets – Risk Management Survey: Part 1”
From the fields of Anfield Road to the offices on Bunhill Row, the takeover of Liverpool Football Club was played out in the full glare of the courts and the press. Legal Business talks to the key legal players When John William Henry II descended the curving flight of stairs into the cool, inconspicuous client …
After getting Beachcroft fit for the modern age, senior partner Simon Hodson and managing partner Paul Murray will run the firm for five more years. Time for a progress report Beachcroft senior partner Simon Hodson (see left) often has his tongue firmly in his cheek when commenting on the industry, but this time he’s deadly …
The Advocates General of the European Court of Justice have argued that more work needs to be done before a single European patents court replaces national jurisdiction in the EU. More than 20 years after it was mooted, a unified patent litigation system is still being debated. If you thought patent lawyers were mild-mannered boffins, …
Mourant Ozannes’ merger this summer created another large fish in the global offshore pond. Firms now have to focus on clients from new economies to stay ahead It was nearly a decade in the making. Jersey and Guernsey titans Mourant du Feu & Jeune and Ozannes announced their merger earlier this year but, for market …
