The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
Brian Marson (The Lawyer, 3 February) suggests that the Law Society seeks to control the instructions which lenders give to their solicitors, Not so. Lenders are as free as any client to intrust solicitors on the terms they wish. But that freedom can exist only when there is no risk of conflict with another client. When the solicitor is also representing the borrower, the society has a duty to ensure that lender's instructions do not lead to conflict.
Mr Marson also suggests that lenders may not use the borrower's solicitor if there are restrictions on the instructions they can give. Of course the lenders are free to seek other options. That is their right, But I am sure Mr Marson cannot intend to suggest that the Law Society should overlook the potential conflicts of interest because the lenders may otherwise refuse to continue with joint representation.
Kenneth Byass, Chairman, Property and Commercial Services Committee.