United Kingdom 2016 – GC Powerlist
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United Kingdom 2016

  • Industries

  • Powerlist

For the 2016 edition of GC Powerlist we return to the original format of the report – launched in 2013 – focusing on senior general counsel (GCs). Over that time, the report has expanded hugely to become one of the most important strands of Legalease’s portfolio. Expanding the report also reflects the reality that in understanding GCs, you need to look at the specifics. While law firms operate on a few variants of the same model, in-house teams are defined much more by the industry and the individual company in which they work.

But there are broad trends as well. The upward march of the in-house profession that this report was originally launched to chronicle has, if anything, accelerated. While law firms are struggling for growth in many sectors, in-house teams continue to expand in the UK and take on greater swathes of work. It’s becoming increasingly mainstream to encounter teams with multimillion-pound budgets that put only a tiny minority of their work to law firms. Where they are instructing outside counsel, a good proportion of GCs now barely bother to conceal their tactic of pushing law firms down the value chain… and their teams correspondingly upwards.

RPC

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RPC’s managing partner on how the modern GC made law a part of business (and vice versa).

It was late 2012 when RPC first became involved with Legal Business’ GC Powerlist. Back then, over four years after Lehman Brothers collapsed, the world economy was still looking parlous.

Another four years on and, although we’re now certainly on a firmer footing economically, there are still plenty of reasons to be fearful, or at least cautious, over what the future might hold for businesses: the slowdown in China; the collapse in the price of oil; stock market woes, here and in Asia; and uncertainty surrounding Britain’s possible exit from Europe, to name just a few.

Jonathan Watmough
Managing Partner
RPC

Barclay Simpson

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Iken

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Risk Advisory

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Jones Day Hong Kong Roundtable 2024

The Legal 500 was thrilled to join a selection of top Jones Day partners and a hand-picked group of 15 the most prominent GCs in Hong Kong for a freewheeling and no-holds-barred discussion on geopolitical risk management at a time of global transition. Steve Brogan, managing partner of Jones Day from 2002-2022 flew over to lend his considerable expertise to the discussion, as did Partner-in-Charge Hong Kong Joelle Lau. Joining them to give expert briefings on the topics of the day were partners Peter Wang, Dr Qiang Xue, James Fidler, Samuel Ngo and Charles Chau. The conversation moved from sanctions and counter sanctions, to the increasing pre-eminence of the Asian economy, to the philosophy of the rule of law in times of crisis.