Commercial and chancery

As the implementation of the Clementi and Carter reforms draws ever closer, law firms and chambers within the commercial and chancery world are examining what changes will need to be made to their business structures. Many in management have strong views on whether the reforms will be enforced through the Legal Services Bill and how legal aid reforms will affect their businesses.

This Commercial and Chancery Special Report examines the opinions of those at the bar and how they feel these reforms will affect the nature of the legal profession. It looks at whether the chancery bar needs to adapt to ensure its survival in an arena that appears to be ever blurring the lines between commercial and chancery, as well as what impact in-house advocacy units will have on the bar. Finally, this report examines how supposed corruption in cases such as the BAE inquiry has impacted on commercial law.