If shale gas can cut the UK’s energy dependence, DLA Piper global co-chief executive Nigel Knowles says we must jump hurdles to get at it.
Writing in The Lawyer today, Knowles argues that the UK should embrace fracking rather than become any more dependent on the EU, Russia and the Middle East for oil and gas exports.
He also claims that London’s highly regarded status as a litigation centre is under threat. London must remain competitive if it is going to compete with emerging dispute resolution centres, he argues.
“Many of the world’s leading centres of dispute resolutions, Hong Kong and Singapore for example, would not be bound by sanctions, making it inevitable that the law of such jurisdictions would be chosen over that of the UK,” he says.
Knowles is one of several legal thought leaders to be joining The Lawyer by contributing a weekly column outlining their thoughts and opinions on the leading topics of the day.
The panel of columnists also includes Macfarlanes senior partner Charles Martin, K&L Gates chairman Peter Kalis, former Clifford Chance managing partner Tony Williams, currently principal at Jomati Consultants, and Motive Legal Consulting’s managing director Mark Brandon (plus a couple more to be unveiled).
One thing’s for sure: they won’t be sitting on the fence.
Also on The Lawyer:
- The Ministry of Defence increased its spend on external lawyers to £10m in 2012/13 from £3m a year earlier, despite its number of in-house legal staff climbing up to 230
- Sainsbury’s has added TLT and King & Wood Mallesons SJ Berwin to its revamped roster in its third panel review
- Ladbrokes general counsel and company secretary Jonathan Adelman has left the business, with deputy Annabel Bannerman taking on the top legal role