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Team games

15 November 2013 / Sir Geoffrey Bindman KC
Issue: 7584 / Categories: Features
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Geoffrey Bindman QC wonders if lawyers are overmilking the cash cow

I recently read an account of the daily routine of a trainee in a “magic circle” City firm. She is a law graduate from Oxford and I do not doubt, given the competition for traineeships, a very able one. One statement struck me particularly: “In a law firm, each matter will have a ‘deal team’ and the key to making progress is communication…every day you will be talking to your supervisor and senior members of the team.” She went on to point out the importance of keeping in close touch with “anyone working on the deal or even the client, if you are requested to”.

Of course the “deals” may be large and complex, requiring a large number of people to bring them to fruition. Doubtless they often involve buying and selling companies, perhaps with many and varied properties, assets and relationships. Things were different in my early days. In the 1960s I was trying to build up a mainly legal aid practice

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MOVERS & SHAKERS

Muckle LLP—Rachael Chapman

Muckle LLP—Rachael Chapman

Sports, education and charities practice welcomes senior associate

Ellisons—Carla Jones

Ellisons—Carla Jones

Partner and head of commercial litigation joins in Chelmsford

Freeths—Louise Mahon

Freeths—Louise Mahon

Firm strengthens Glasgow corporate practice with partner hire

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
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