Lloyds primed for new year panel shake-up

Lloyds Banking Group is looking at slimming its UK roster with a number of firms set to jostle for places in 2019. Currently the core panel comprises CMS, Eversheds Sutherland, Herbert Smith Freehils, Hogan Lovells, Addleshaw Goddard and Magic Circle duo Linklaters and Allen & Overy. The bank’s last panel review was in 2016, when Norton Rose Fulbright and DLA Piper lost their places. Group GC Kate Cheetham is expected to lead the process, with a further reduction in size anticipated. Continue reading “Significant matters – Winter 2019”

‘Forgive my ignorance, can you tell me what you mean by PRIME? What is it exactly?’ asks one partner at a top-25 UK law firm, a partner charged with responsibility for overseeing apprenticeships at a firm with membership to that same cross-industry group. Continue reading “Whatever happened to PRIME?”

‘Forgive my ignorance, can you tell me what you mean by PRIME? What is it exactly?’ asks one partner at a top-25 UK law firm, a partner charged with responsibility for overseeing apprenticeships at a firm with membership to that same cross-industry group. Continue reading “Whatever happened to PRIME?”

What are the key priorities and challenges in the first 100 days of being a GC? This was the main discussion point of a recent panel debate before an audience of more than 50 senior in-house lawyers gathered at the South Place Hotel in London. Continue reading “Cutting teeth”

What are the key priorities and challenges in the first 100 days of being a GC? This was the main discussion point of a recent panel debate before an audience of more than 50 senior in-house lawyers gathered at the South Place Hotel in London. Continue reading “Cutting teeth”

Being risk savvy and commercially aware is the equivalent of ‘leaning in’ for today’s in-house lawyer. Can one do this and retain the mantle of professionalism? Or rather, how can one do that? That is the central concern of our book, In-House Lawyers’ Ethics: Institutional Logics, Legal Risk and the Tournament of Influence. We interviewed dozens of in-house lawyers and surveyed 400, mainly from business but also from government and the third sector, to shed light on the ethical dimensions of in-house practice and risk management. Our central lessons? Organisations matter. Individual lawyers matter. Ideas about the in-house role and professionalism matter. Talking about professionalism and good decision making openly and frankly matters. Continue reading “Under the influence”

Being risk savvy and commercially aware is the equivalent of ‘leaning in’ for today’s in-house lawyer. Can one do this and retain the mantle of professionalism? Or rather, how can one do that? That is the central concern of our book, In-House Lawyers’ Ethics: Institutional Logics, Legal Risk and the Tournament of Influence. We interviewed dozens of in-house lawyers and surveyed 400, mainly from business but also from government and the third sector, to shed light on the ethical dimensions of in-house practice and risk management. Our central lessons? Organisations matter. Individual lawyers matter. Ideas about the in-house role and professionalism matter. Talking about professionalism and good decision making openly and frankly matters. Continue reading “Under the influence”

Sabine Chalmers was concerned about coming back to the UK. Absent for more than two decades, most recently in the US as chief legal and corporate affairs officer at drinks giant Anheuser-Busch InBev, she had built a reputation as one of the leading lights of the general counsel community. But when she first left the UK, the GC role lacked stature, particularly in contrast to the US. ‘I was concerned about how a UK role would compare to the experience I’d had in the US.’ Continue reading “From monkey to organ grinder”

Sabine Chalmers was concerned about coming back to the UK. Absent for more than two decades, most recently in the US as chief legal and corporate affairs officer at drinks giant Anheuser-Busch InBev, she had built a reputation as one of the leading lights of the general counsel community. But when she first left the UK, the GC role lacked stature, particularly in contrast to the US. ‘I was concerned about how a UK role would compare to the experience I’d had in the US.’ Continue reading “From monkey to organ grinder”

When Brent Irvin joined Tencent as group general counsel nine years ago, the Chinese upstart was already a tech wunderkind, boasting revenue close to RMB20bn. But few foresaw the trajectory it would take from there: with dramatic growth in 2017, the company is now valued at more than $477bn. Continue reading “Tencent on the dollar”

When Brent Irvin joined Tencent as group general counsel nine years ago, the Chinese upstart was already a tech wunderkind, boasting revenue close to RMB20bn. But few foresaw the trajectory it would take from there: with dramatic growth in 2017, the company is now valued at more than $477bn. Continue reading “Tencent on the dollar”