The summer holidays are but a distant memory, children have gone back to school, the weather has slowly turned, and the UK is lurching ever-closer to its latest Brexit deadline. Well, at least you can enjoy the latest issue of the fivehundred after its self-imposed break – that is, of course, assuming you find reading about the global climate crisis ‘enjoyable’.
From inspiring the school climate strike movement in more than 100 countries, to holding politicians to account on climate crisis, and her recent carbon neutral transatlantic sailboat crossing, Greta Thunberg has captivated the world with her climate change activism. The Swedish teen’s campaign for a better world has even spurred some within industry to action. In June, Oil and Gas UK chief executive Deirdre Michie told a conference that climate change ‘is a real and present danger that we must deal with together’, while in July, Andrew Mackenzie, chief executive of BHP, pledged $400m to combat the ‘indisputable’ climate crisis.
But as Norton Rose Fulbright Australia explains, it is not just grass-roots activism that is initiating change at some of the world’s largest conglomerates and industries – investors, regulators, reputational damage, and litigation threats are all rapidly accelerating climate change-related risks to business, which ultimately means more work for lawyers (who, as an aside, must also walk the talk!). Meanwhile, Herbert Smith Freehills argue that the crisis should also be considered a human rights issue, putting further pressure on businesses and politicians to make a meaningful change.
September also includes a host of exclusive interviews: Weil’s Tim Gardner talks about structural pressures in Hong King; Richard Kovalevsky QC explains the challenges of launching Stewarts’ financial crime practice and the difficulties facing criminal lawyers; Helen Thomas discusses her new role as European managing partner of Eversheds Sutherland; King & Wood Mallesons’ Wang Ling considers the rapid growth of Chinese law firms and staying ahead in a competitive market; while Pinheiro Neto Advogados’ Alexandre Bertoldi discusses Brazil’s economic uncertainty and why there is no magic formula for talent retention.
Also appearing in this issue, former Orrick partner Patricia K. Gillette argues that law firm structures are holding women back; Dr Bob Murray explains why some leaders are just so bad at strategic decision-making; and Atkin Chambers’ David Barnes highlights the ever-increasing talent war at the independent Bar. Sticking with the Bar we also consider the reasons partners leave Big Law for an independent life in chambers, as well as the benefits former solicitors can bring to a set.
And finally, my top picks for this month includes content from our in-house team of talented researchers: Christopher Black looks at the impact Lisa Osofsky has had on the white collar crime market one year into her tenure at the Serious Fraud Office; James Field investigates how Gibraltar has weathered Brexit uncertainty better than the UK; and, fresh from a visit to Tokyo, Arne Dumez reports on the latest trends in Japan’s legal market, which is all of a flutter ahead of the 2020 Summer Olympics.
As always, there’s even more to discover in this month’s issue. Happy reading!
Increasing investor, regulatory, and community pressure is rapidly accelerating climate change related risks to business, write Elisa de Wit and law graduate Francis Meehan
The ‘School Strike for Climate’ movement, spearheaded by Swedish schoolgirl Greta Thunberg, appears to have mobilised the sense of urgency around climate change, and as recently stated by BHP CEO Andrew Mackenzie: ‘As we have seen from activism and debates from schools to parliaments all around the world, we see this period as an escalation …
Why is it that a chimpanzee can out-strategise a lawyer? Because science, explains Dr Bob Murray
Lately I have been interviewing a great many people for a book my partner Dr Alicia Fortinberry and I are writing. It’s about what lessons we can learn about strategy from the latest research in psychology and neurogenetics. From the interviews, the studies we have read, and our own research we have reached a number …
What content do legal publications want from law firms? Candice Witton, content lead at Propero Partners, has the answers
In 1996, Bill Gates declared ‘content is king’. Now over two decades later, there’s really no denying the power of content marketing. Content marketing is the catch-all term for anything from how-to blogs to thought leadership editorial pieces. In this instance it refers to writing (be it legal analysis or news) featured in legal publications, …
Why do City solicitors join the ranks of the independent Bar? The answer to that question is as varied as the partners and associates who leave the ivory towers of Big Law behind for a life in chambers – bewigged or otherwise. Within the last decade, former partners and department heads such as Judith Gill …
Ben Bruton, dispute resolution and investigations partner at Winston & Strawn, discusses the principles of arbitration in the UAE and the wider Middle East
The UAE and the wider Middle East has always been a fascinating place for the outside world; known for its modern sophistication and exemplified by its many ground-breaking architectural and engineering achievements. Its ability to provide an environment that’s conducive for doing business is a key reason why the UAE is quickly emerging as one …
Women lawyers don’t need fixing to become leaders, its law firm structures and systems that are holding us back, writes former Orrick partner Patricia K. Gillette
Dorothy. For most of us that name immediately evokes images of a young woman, a hurricane, and a wicked witch. Yes, The Wizard of Oz. But one image Dorothy never conjures up is that of a female leader. And yet, isn’t that exactly what Dorothy is? She takes the Scarecrow, the Tinman, and the Cowardly …
Fresh from his recent Asia Pacific research trip, senior researcher Arne Dumez reports on the latest trends affecting Japan’s legal market
A stereotype it may be, but if talking about the weather was an Olympic sport, Great Britain would be sure to take home gold every four years. If one nation could knock the Brits off top spot, however, it may just be Japan. This year’s research trip coincided with the end of a long, drawn-out …
With publication of the new UK white collar crime rankings looming, researcher Christopher Black looks into one of the market’s major talking points
Is the UK heading towards a US-style justice system? That is the question many of London's white collar crime experts have been pondering ever since former FBI lawyer Lisa Osofsky was appointed head of the Serious Fraud Office (SFO) in August 2018. A dual US/UK national, Osofsky’s experience includes pursuing the mafia, bank robbers, fraudsters, …
The scientific, economic, and environmental impacts of climate change are not the only aspects of the crisis we need to consider, say Dr Georgios Zampas and Oliver Elgie
Seventy-one years have passed since the Universal Declaration of Human Rights (UDHR) was adopted by the United Nations in the aftermath of the Second World War. Yet, human rights violations remain all too frequent, both in developed and developing countries. While the 1926 Slavery Convention confirmed that slavery is unlawful as a matter of international …
With the start of the EMEA research, James Field looks at the British overseas territory, its legal market, and the possible impact of the UK’s exit from the EU
While 2019 saw America’s most beloved Rock named Hollywood’s highest earner, the territory known for housing Europe’s most famous rock continues its equally successful run of financial good fortune. Gibraltar, still primarily regarded for its shipping trade, offshore banking, and position as an international conference centre, has profited from an innovative approach to emerging markets …
back to school, the weather has slowly turned, and the UK is lurching ever-closer to its latest Brexit deadline. Well, at least you can enjoy the latest issue of the fivehundred after its self-imposed break – that is, of course, assuming you find reading about the global climate crisis ‘enjoyable’.
