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18 February 2022
Issue: 7967 / Categories: Legal News , ESG , Profession
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NLJ this week: The rise & rise of ESG (and why it's your friend)

ESG (environmental, social and governance) has steadily risen in prominence and is now a hot topic for businesses and law firms, Clare Hughes-Williams and Sarah Crowther, both partners at DAC Beachcroft, write in this week’s NLJ
Hughes-Williams and Crowther assert: ‘Prioritising ESG makes good business sense.’ They trace ESG from its emergence as an investment concept in 2006 to its current status as a business-critical subject. It is usually associated with environmental goals, but the authors highlight that the other components of ESG should not be overlooked. Moreover, for lawyers especially, the concept of ‘governance’ is very relevant. 
Issue: 7967 / Categories: Legal News , ESG , Profession
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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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