This week’s feature on Royal Mail offers a master class in cultural change. It reveals how the postal service’s 2013 IPO not only transformed it from one of the UK’s best known public sector organisations into a listed company, with all of the attendant behavioural changes that such a shift brings, but also how that deal acted as a […]
The accountants’ reaction to the volatile market of the 1980s is a valuable exercise in change strategy for today’s legal sector. In the mid-1980s, Ernst & Whinney (now EY), ran an ad campaign, with the following slogan: ‘We don’t just add up. We also help you multiply’. This pithily captured the mood of the then […]
Offshore firms are thriving despite sustained media and political attacks on their domiciles’ reputation. Meanwhile, Asia’s significance is rising. It has been a turbulent few months for the offshore world. With Labour leader Ed Miliband promising to force the Crown Dependencies to produce a public register of offshore company owners should he come to power after […]
The big five remain and Jersey still dominates, but the arrival of Viberts makes waves in BVI. 1. Maples and Calder Managing partner: Henry Smith Legal Staff: 727 Fee earners: 321 Qualified lawyers: 257 Partners/directors: 92 Equity partners: Not disclosed Female partners: 18 Female equity partners: ND Fiduciary Staff: 375 Fee earners/professional staff: 283 2014 […]
Move of the week Gateley has hired Craig Rattray to join the firm’s commercial, technology and media team in London. Rattray joins from Olswang where he was a commercial partner, advising clients across a number of practice areas including commercial, regulatory, corporate finance and tax. His new role will focus on growing the Gateley’s presence […]
A £3bn privatisation, a £12bn pensions hole, a hostile trade union and a panel shake-up– the past few years have been full of ups and downs for Royal Mail GC Neil Harnby and his team. How do you manage cultural change? Royal Mail general counsel Neil Harnby could write a text book on it. When […]
An explosion in investor interest has international firms lining up for a share of the African market, but legal systems are straining to keep pace with change. International companies have for years been crying out for a stable platform from which to access the untapped potential of Africa. The continent’s abundant resources, vast size and […]