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Next gen: law, life & legacy

© Copyright LexisNexis 2026. All Rights Reserved.
30 January 2026 / Beth Bell , Lucy Clark , James Berry , Josh Fowler , Laura Rowley , Sophie Spector , Sarah Sussman
Issue: 8147 / Categories: Features , Family , Divorce , Wills & Probate
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As families transform & modernise, experts from Penningtons Manches Cooper chart the changing landscape of private wealth
  • Practical insights for next generation and modern families that are navigating the coming wealth transfer.
  • Explores real-world scenarios, including late-life relationships, blended families, international marriages, surrogacy, vulnerable beneficiaries and cross-border estates.

The private wealth sector is experiencing a generational pivot. Today’s next generation—more globally mobile, values-driven and digitally fluent than their predecessors—is inheriting not only assets but the responsibility to manage and safeguard them across complex family structures and jurisdictions.

Its expectations are for transparency, agility and cross-disciplinary advice in the private wealth sector. At the same time, familiar pressure points such as capacity and vulnerability, marriage and international mobility, and post-death disputes, are appearing in new configurations that demand earlier, holistic intervention.

Family law & intergenerational wealth transfer

Nuptial settlements

When it comes to intergenerational wealth transfer, the potential impact of divorce on family money is often

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MOVERS & SHAKERS

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Clarke Willmott—Declan Goodwin & Elinor Owen

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Switalskis—11 promotions

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NEWS
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NLJ this week: When AI hallucinates, lawyers risk real-world sanctions
The dangers of uncritical artificial intelligence (AI) use in legal practice are no longer hypothetical. In this week's NLJ, Dr Charanjit Singh of Holborn Chambers examines cases where lawyers relied on ‘hallucinated’ citations — entirely fictitious authorities generated by AI tools
NLJ this week: Next gen wealth planning meets modern family reality
The next generation is inheriting more than assets—it is inheriting complexity. Writing in NLJ this week, experts from Penningtons Manches Cooper chart how global mobility, blended families and evolving values are reshaping private wealth advice
NLJ this week: Game on as AI reshapes sport
Artificial intelligence (AI) is rapidly transforming sport, from recruitment and training to officiating and fan engagement. Writing in NLJ this week, Professor Dr Ian Blackshaw of Valloni Attorneys at Law explains how AI now influences everything from injury prevention to tactical decisions, with clubs using tools such as ‘TacticAI’ to gain competitive edges
NLJ this week: Stuck in the past?
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
NLJ this week: No automatic bar on ‘user damages’
A Competition Appeal Tribunal (CAT) ruling has reopened debate on the availability of ‘user damages’ in competition claims. Writing in NLJ this week, Edward Nyman of Hausfeld explains how the CAT allowed Dr Liza Lovdahl Gormsen’s alternative damages case against Meta to proceed, rejecting arguments that such damages are barred in competition law
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