The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
CHAMBERS are being warned to ignore approaches by financial advisers in search of joint ventures which would break professional rules.
The warning appears in December's issue of Bar News, the Bar Council's newssheet.
It says a number of chambers have been approached by advisers suggesting they can team up to arrange structured life annuities as part of structured settlements.
The Bar Council's professional conduct committee has ruled it would be improper for chambers to enter into relationships with financial advisers along these lines. Any commission would contravene the Bar Council's code of conduct.
Mark Stobbs, of the professional standards department, said chambers had approached the Bar Council for advice after receiving these letters.
He said: "The crucial thing is the independence of the advice. Any long term relationship with a financial adviser may mean that clients are not getting the best deal available."