Expert Analysis

• Highlights Of The UK's New Economic Crime Plan

  

  With the direction of the U.K. government’s newly launched second economic crime plan undeniably altered by the recent focus on kleptocrats and their money, the emphasis is now on how the U.K. can deliver a more effective approach to reducing the threat of economic crime, says Kathryn Westmore at the Royal United Services Institute.

• How Lawyers' Behavior Can Affect Opponents' Mental Health

  

  Acts of unreasonable behavior of lawyers working on opposite sides can take their toll, and with mental health and stress never higher in the national consciousness than right now, such conduct should be reported to help the firm understand the treatment its solicitors are receiving and better manage the situation, says Libby Payne at Withers.

• The Challenges Of Presenting To Clients In The Hybrid World

  

  As a sector that is guided heavily by the demands of its client base, the legal industry will have to overcome various obstacles to make stylish, convincing and successful in-the-room, virtual and hybrid presentations in the post-pandemic blend of home and office, says Gavin Brown at Speak with Impact.

• 5 Challenges General Counsel Are Set To Face

  

  With an ever-broadening role, general counsel are being tasked to do more with less, with a need for caution and a requirement to leverage time wisely to anticipate and identify emerging industry challenges, says Jerry Temko at Major Lindsey.

• How SRA Workplace Culture Guidance May Help Legal Sector

  

  Whether or not the Solicitors Regulation Authority acts on its recently released guidance on toxic workplace environments in law firms and imposes harsh sanctions, it will hopefully encourage some positive top-down changes, and should give individuals confidence to demand acceptable behavior, says Georgina Calvert-Lee at Bellevue Law.

• Beyond ChatGPT: AI Considerations For Law Firms

  

  The use of artificial intelligence is likely to become increasingly mainstream in the legal sector, and firms should not remain complacent in the current limitations of ChatGPT, but develop policies to ensure that AI-generated liability and regulatory issues are addressed sooner rather than later, say Corinne Staves and Andrew Pavlovic at CM Murray.

• Reflecting On The Benefits Of Direct Access To Barristers

  

  At close to 20 years since public access to barristers came into being, it is a good time to take a look at its impact on the U.K. legal profession and the more collaborative approach between barristers and solicitors we have seen develop since its introduction, say Amani Mohammed and Sean Gould at Westgate Chambers.

• How Apprenticeships Are Transforming The Legal Sector

  

  As more legal employers recognize the benefits of creating apprenticeship opportunities, they are likely to grow in popularity, ensuring that the best and brightest minds are available to meet the challenges of an ever complex and changing legal environment, says Aisha Saeed at Addleshaw Goddard.

• Pitfalls Lawyers Should Avoid When Correcting Their Mistakes

  

  When solicitors make mistakes that cause prejudice to their clients, they will need to carefully consider whether they should try to fix their mistake, as trying to put things right may expose them to potential regulatory action, says Andrew Pavlovic at CM Murray.

• Translating The Plan For English-Language German Courts

  

  The German Ministry of Justice is aiming to do away with the mistakes of the past and overhaul the German civil procedure in order to accommodate English-language disputes, but the success of these proceedings will depend very much on factors that the proposal does not address, say Jan Schaefer and Rüdiger Morbach at King & Spalding.

• A Breakdown Of The SRA's Proposed New Fining Powers

  

  Thanks to the Solicitors Regulation Authority's pending new fining framework, which includes guidance on unsuitable fines and a fixed penalties scheme for low-level breaches, firms can expect to see more disciplinary findings leading to an SRA fine rather than referral to the Solicitors Disciplinary Tribunal, say Graham Reid and Shanice Holder at RPC.

• Russian Bank Ruling Clarifies UK Sanctions Regime

  

  The recent U.K. High Court judgment of PJSC National Bank Trust v. Mints, a case brought by two Russian banks, is significant in clarifying that the U.K. sanctions regime does not deprive designated persons of their fundamental common law right to bring a claim in an English court, despite their assets being frozen, says Zoe O’Sullivan KC at Serle Court.

• Preparing For EU's Pay Gap Reporting Directive

  

  An agreement has been reached on the European Union Pay Transparency Directive, paving the way for gender pay gap reporting to become compulsory for many employers across Europe, introducing a more proactive approach than the similar U.K. regime and leading the way on new global standards for equal pay, say attorneys at Lewis Silkin.

• Has The Liberalization Of Legal Services Achieved Its Aims?

  

  Although there is still some way to go, alternative business structures are now an increasingly prominent feature of the legal services landscape, and clients can expect greater choice, improved quality and more manageable costs, as was intended by this shake-up of the profession's regulatory frameworks 15 years ago, says Dana Denis-Smith at Obelisk Support.

• How Overseas Property Verification Poses Risks To Attorneys

  

  The recently launched register of overseas entities, requiring verification of foreign owners hoping to purchase U.K. property, could expose attorneys to criminal prosecution, professional negligence claims and reputational damage if they do not complete these checks to the required standard, which nevertheless remains murky, says Harriet Holmes at Thirdfort.