Legal Business

Strangling the golden goose – English law needs reform

Slaughter and May’s Nigel Boardman, James Shirbin and Andrew Blake argue that English law needs drastic reform to remain internationally competitive

English law occupies a privileged position. Thanks in significant part to the City’s role as a major global financial centre, England has become the jurisdiction of choice for many enterprises and deals (and subsequent disputes) that may otherwise have little territorial connection to the UK. The primary beneficiaries of this happy arrangement have been London’s major commercial law firms, who have received a steady flow of major transactional and litigious work.