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Tomorrow’s world

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

Freeths—Ruth Clare

Freeths—Ruth Clare

National real estate team bolstered by partner hire in Manchester

Farrer & Co—Claire Gordon

Farrer & Co—Claire Gordon

Partner appointed head of family team

mfg Solicitors—Neil Harrison

mfg Solicitors—Neil Harrison

Firm strengthens agriculture and rural affairs team with partner return

NEWS
Law students and graduates can now apply to qualify as solicitors and barristers with the Crown Prosecution Service (CPS)
Conveyancing lawyers have enjoyed a rapid win after campaigning against UK Finance’s decision to charge for access to the Mortgage Lenders’ Handbook
The Crown Prosecution Service (CPS) has launched a recruitment drive for talented early career and more senior barristers and solicitors
Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)
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
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