The new ‘next’ normal: How has hybrid working changed law firms and will the return to the office change things again?

Client collaboration, law firm culture and the war for talent, technology, and Brexit headlined Sandpiper Partners’ ninth annual London Legal Market Virtual Conference. Williams Lea’s CEO, Clare Hart, joined a panel discussion on maintaining a consistent culture in the new ‘next’ normal where the overall sentiment from law firm leaders confirmed that the office of the future will be built around a hybrid in-office and remote working model.

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Law firm leaders agree: When it comes to change, boldness paves the way to future success

“Be bold” was the resounding sentiment at the Sandpiper Partners’ UK-focused Working Differently at Law Firms virtual roundtable, during a robust discussion among leaders in the UK legal industry. Several topics were discussed, including: hybrid working, returning to offices, maintaining a strong culture, ensuring clients remain a top priority, investing in technology, and achieving operational efficiency and expense reductions through outsourcing.

Return to the outsourced office

Clare Hart, CEO at Williams Lea, says law firms face many operational challenges when it comes to adopting a hybrid working model, not least deciding who comes to the office, when and why. Embracing new ways of thinking and outsourcing support roles, she says, may help law firms to solve these issues and get back to practising law.

Banking leaders discuss keeping pace with growth, digital transformation and driving operational efficiency

In a live webinar hosted by the Financial Times, Clare Hart, CEO of Williams Lea, joined two top operational leaders in the corporate and investment banking industry, David Sliney, Chief Operating Officer of investment bank, Stifel and Paul Poggi, Managing Director and Chief Operating Officer of specialist M&A advisor, Harris Williams, in a panel discussion on the intense pressure within corporate and investment banks to find better and more cost effective ways of running core support functions.

Driving innovation with data analytics

An accepted and growing trend across many businesses today, particularly in banking, legal, and professional services firms, is that data analytics drives business value. The challenge is in implementation. How can businesses use data in the best way to achieve tangible business success?

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The sustainability of green financing

Maples Group acted for Xiaomi Corporation in connection with Xiaomi’s offering of US$800,000,000 2.875% Senior Bonds Due 2031 and US$400,000,000 4.100% Senior Green Bonds Due 2051 issued by Xiaomi Best Time International Limited, incorporated in Hong Kong and unconditionally and irrevocably guaranteed by Xiaomi Corporation, a company controlled through weighted voting rights and incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange. The green bonds offering marked Xiaomi’s initial foray into the world of green financing and more broadly Environmental, Social and Governance (ESG). The proceeds of the green bonds are earmarked for ‘Eligible Projects’ within Xiaomi’s finance framework aimed at positive environmental and social benefits. Their framework follows the green bonds and loan guidelines of the International Capital Markets Association.

Guernsey consolidates economic substance and extends it to partnerships

Guernsey has brought partnerships into scope of economic substance requirements for accounting periods commencing on or after 1 January 2022, although partnerships formed on or after 1 July 2021 will be in scope immediately on formation where they conduct activities that trigger the economic substance requirements.

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