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29 January 2015
Issue: 7638 / Categories: Legal News
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Sex matters with in-house counsel

Male and female general counsel approach the purchase of legal services in different ways, research has shown.

A survey of more than 2,000 general counsel by legal market research provider Acritas suggests that the cultural barriers that often prevent women rising through the ranks in private practice may also hinder men’s ability to win more work from female general counsel.

For example, men were more influenced by “trustworthiness and reliability”, and “experience and track record”, while women preferred “understanding of my business” and “knowledge of how I work”. One female general counsel in a large technology company said of her preferred firm: “They understand the peculiarities of our very narrow market niche. So for instance I get more focused and practical advice from them and I have to do a lot less explaining and a lot less re-writing.”

Women valued effective, prompt communications more highly than men did, particularly “checking in” to make sure the work was going well.

Issue: 7638 / Categories: Legal News
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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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