Perspectives: Philip Bramwell, BAE Systems

I’m of an age where I form part of a group of lawyers who elected to pursue careers in-house from the outside. I had failed to complete a chemical engineering course so I had a very clear purpose in studying law: I wanted to work in-house. I identified a couple of industries I thought should grow so I might surf that wave.

I started out in pharma in the late ‘70s, which was immensely enjoyable. I grew a love of complex businesses – global, multinational businesses. They provide rich opportunities for lawyers in a variety of areas – commercial, corporate, M&A. That is the theme I followed throughout my career. Continue reading “Perspectives: Philip Bramwell, BAE Systems”

The best seat in the house: the unique role of the modern GC

Richard Tapp argues that GCs can define their companies like never before.

‘So, what do you do?’ A straightforward question – in my case asked by a new chairman, clearly expecting a simple answer. But, for any in-house lawyer, where to start? Do you talk about your legal specialism? About the business risks that you identify and manage? About the way you provide and source legal advice? Or that you keep your chairman out of jail? Continue reading “The best seat in the house: the unique role of the modern GC”

Just remember, GCs, Enron thought it was all perfectly legal

Stefan Stern argues these days a legal defence alone can prove no defence.

Last month the 67th annual oil and gas conference was held by the Center for American and International Law in Houston. Lucky delegates got to hear from a special guest speaker – CFO magazine’s chief financial officer of the year, 2000. The speaker displayed the trophy he had received for his work, and then held up another item – a red prison ID card. He had been given both these things, he remarked, for the same activity – doing deals for Enron, the collapsed energy company. Continue reading “Just remember, GCs, Enron thought it was all perfectly legal”

GCs have scraped a seat at the table but too many are wasting the opportunity

Paul Gilbert argues too many corporate counsel fail to seize the risk agenda.

Barclays, Volkswagen and Tesco are three massive businesses in three significant, sophisticated and important business sectors. Each one of these successful and long-lived businesses has access to significant in-house legal expertise, each is capable of paying for the best legal advice money can buy, each has invested heavily in risk management. And all of them are now paying the price for poor decisions made by some senior people behaving badly, very badly. Continue reading “GCs have scraped a seat at the table but too many are wasting the opportunity”

A title fit for the modern GC

With this issue of The In-House Lawyer we are unveiling a total overhaul of the magazine first launched over 20 years ago. The title, the first dedicated to the UK’s expanding community of corporate counsel, has long been an important part of the stable of our parent company Legalease, which is committed to expanding its links with general counsel. But IHL was in need of investment and a thorough re-imagining if it was to remain a magazine worthy of the modern in-house counsel. Continue reading “A title fit for the modern GC”

Comment: GCs have arrived and all there is to welcome them are platitudes

Two books of note have just been published by veteran lawyers – The Inside Counsel Revolution: Resolving the Partner-Guardian Tension by former GE legal head Ben Heineman and The Future of the In-House Lawyer: The General Counsel Revolution, a collection of essays edited by Carillion’s Richard Tapp. The common ground is obvious in charting the wresting of power and resource over the last 25 years from law firm to corporate legal teams.

Continue reading “Comment: GCs have arrived and all there is to welcome them are platitudes”

Signature Litigation acts for Ivanishvili as the Georgian billionaire sues Credit Suisse

Signature Litigation has been instructed by the investment fund of Georgian billionaire Bidzina Ivanishvili and his family in a dispute against Credit Suisse for losses over mismanagement of his portfolio in Switzerland, which have led to criminal proceedings against the bank’s fund managers.

Continue reading “Signature Litigation acts for Ivanishvili as the Georgian billionaire sues Credit Suisse”

‘A massive shake-up’: white-collar crime lawyers appraise new government measures unveiled at anti-corruption summit

As UK Prime Minister David Cameron has unveiled a range of new measures to boost the UK’s fight against white-collar crime at the Anti-Corruption Summit 2016, City law’s crime specialists have been discussing their impact. Continue reading “‘A massive shake-up’: white-collar crime lawyers appraise new government measures unveiled at anti-corruption summit”

Gowling WLG boosts banking and projects ranks with appointments from Dentons and HSF

Gowling WLG has made a double partner hire, appointing Dentons’ Matthew Harvey in banking and finance and former Herbert Smith Freehills (HSF) Abu Dhabi head Andrew Newbery in projects. The appointments are the first UK lateral hires the firm has made since its merger went live earlier this year.

Continue reading “Gowling WLG boosts banking and projects ranks with appointments from Dentons and HSF”

‘It’s only right’: Major City firm leaders publicly pledge to tackle corruption ahead of summit

As the Panama Papers saga continues to dominate headlines around the world, a host of senior law firm leaders have publicly pledged to tackle bribery, corruption, tax-evasion, money laundering and the financing of international terrorism ahead of the London Anti-Corruption Summit tomorrow.

Continue reading “‘It’s only right’: Major City firm leaders publicly pledge to tackle corruption ahead of summit”

Comment: Fieldfisher’s Chissick on why real change on diversity needs leadership in law

‘Did you see the game at the weekend?’ is the type of question I am often asked at events. I know my answer, ‘no, I don’t really follow sport’ – will kill the conversation dead, and I don’t have the skills or required knowledge to blag my way through the small talk of the weekend’s fixture list.

Continue reading “Comment: Fieldfisher’s Chissick on why real change on diversity needs leadership in law”