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31 January 2014 / Alison Wright
Issue: 7592 / Categories: Legal News , Training & education , Profession
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Tomorrow’s world

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Alison Wright highlights the importance of equipping today’s lawyers for tomorrow’s legal & insurance scene

Commercial understanding and being able to speak financial language with clients are essential skills for the lawyers of today and tomorrow seeking to provide the best service. Looking to the future, insurance lawyers will be required to get involved with claims handling and policy drafting even earlier than before. The globalisation of legal services means that while legal knowledge underpins everything, we are also required to become commercial advisers. Legal education and training must evolve to meet these changing demands, with professional development training becoming flexible enough to adapt more frequently to ensure lawyers are not just up with the game but ahead of it.

An example of change

One of the major types of insurance in the world is motor; previously insurance was a small economy, motor has changed that completely. Today, we see increasing motor “cross border” claims whether it is British claimants in foreign countries or foreign drivers involved in accidents in the UK. Professional development

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MOVERS & SHAKERS

Clyde & Co—Suriya Ashok

Clyde & Co—Suriya Ashok

Clyde Co strengthens energy transition and construction offering with hire of Suriya Ashok

Jurit—Nicole Gallop Mildon

Jurit—Nicole Gallop Mildon

Jurit appoints rare dual-qualified lawyer to expand Anglo-French private wealth expertise

NEWS
The Financial Reporting Council’s revised Audit Enforcement Procedure will alter the balance of power in corporate investigations
A telecoms operator may be able to hold over under the Landlord and Tenant Act 1954, yet still be unable to secure a renewal: an outcome described as a legal ‘paradox’

Safety fears do not automatically justify shutting an interested person out of a statutory will application

Consumer credit law is heading for its biggest shake-up in 50 years, with the Consumer Credit Act 1974 set to yield much of its detailed statutory machinery to FCA rules
The Supreme Court has settled a long-running dispute over part-time workers: unfavourable treatment need be a significant or effective cause, not the sole cause
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