header-logo header-logo

Making the best of black swan events

28 May 2021 / Dominic Ayres
Issue: 7934 / Categories: Features , Marketing , Profession , Covid-19 , Legal services
printer mail-detail
49966
How can your firm help clients navigate change in unforeseen circumstances? Dominic Ayres provides some insight
  • Firms that know what their clients truly need—and how to provide it—can position themselves as the trusted partners that clients turn to in times of turbulence.

Given the backdrop of Brexit and the US elections, law firms expected uncertainty and turbulent change in 2020; yet the global breakout of COVID-19, which many commentators have termed a ‘black swan event’, was to overshadow all other concerns. With the country in lockdown, clients turned to their legal advisers to help their businesses adapt and navigate the disruption brought on by COVID-19, and the significant role legal advisers can play in adding greater value to clients beyond routine legal matters became apparent.

Adding value

Requests for information and help came through daily from clients at the height of the lockdown last year, and those firms that could respond by servicing these via workshops, bespoke client notes and more, will have strengthened their relationships

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

CBI South-East Council—Mike Wilson

CBI South-East Council—Mike Wilson

Blake Morgan managing partner appointed chair of CBI South-East Council

Birketts—Phillippa O’Neill

Birketts—Phillippa O’Neill

Commercial dispute resolution team welcomes partner in Cambridge

Charles Russell Speechlys—Matthew Griffin

Charles Russell Speechlys—Matthew Griffin

Firm strengthens international funds capability with senior hire

NEWS
The proposed £11bn redress scheme following the Supreme Court’s motor finance rulings is analysed in this week’s NLJ by Fred Philpott of Gough Square Chambers
In this week's issue, Stephen Gold, NLJ columnist and former district judge, surveys another eclectic fortnight in procedure. With humour and humanity, he reminds readers that beneath the procedural dust, the law still changes lives
Generative AI isn’t the villain of the courtroom—it’s the misunderstanding of it that’s dangerous, argues Dr Alan Ma of Birmingham City University and the Birmingham Law Society in this week's NLJ
James Naylor of Naylor Solicitors dissects the government’s plan to outlaw upward-only rent review (UORR) clauses in new commercial leases under Schedule 31 of the English Devolution and Community Empowerment Bill, in this week's NLJ. The reform, he explains, marks a seismic shift in landlord-tenant power dynamics: rents will no longer rise inexorably, and tenants gain statutory caps and procedural rights
Writing in NLJ this week, James Harrison and Jenna Coad of Penningtons Manches Cooper chart the Privy Council’s demolition of the long-standing ‘shareholder rule’ in Jardine Strategic v Oasis Investments
back-to-top-scroll