Publication of the government’s response to the BEIS consultation on restoring trust in audit and corporate governance is likely to be of interest to many businesses. In addition, the FRC has published a consultation on public reporting of audit firms’ firm-level audit quality indicators and updated its guidance on the strategic report.
The “Future of the Legal Profession” is a topic that has come up repeatedly in the past few years and has been looked at through different lenses, from how to train the next generation of lawyers during a pandemic that makes traditional in-person training impossible, through how to recruit diverse candidates into a historically homogenous profession, to whether law represents a solid career choice if much of the job could soon be done by Legal Technology (let alone AI).
Download the Reuters podcast, General Counsel Leadership and Strategy – focus on Europe, which gathered three European GCs from different industries to give their insights on operating as a successful and trusted strategic business adviser in disrupted times.
Last week’s publication by DCMS of the outcome of its consultation “Data: a new direction” has the potential to put data protection very much back into the limelight. The document sets out the government’s plans to reform the UK’s data protection regime as part of its National Data Strategy (see Article, DCMS data protection reforms: summary of consultation proposals). Continue reading
Episode 11 of The Construction Briefing podcast is now available.
This month, the Practical Law Construction team discuss further building safety developments, the draft Construction Contracts (England) Exclusion Order 2022, and the judgments in Nicholas James Care Homes Ltd v Liberty Homes (Kent) Ltd [2022] EWHC 1203 (TCC) and Rugby Football Union v Clark Smith Partnership Ltd and FM Conway Ltd [2022] EWHC 956 (TCC).
The Centre for Legal Leadership’s latest webinar, hosted in conjunction with Thomson Reuters, focused on strategies for progressing your career. This post highlights the key talking points from the session.
Flex Trainee is our scheme for trainee lawyers, designed to help them and the legal industry at large take full advantage of the opportunities offered by the SQE. The scheme was launched in 2021 and is currently well into its second cohort of Flex Trainees. We designed the entire scheme from the ground-up to help create a more diverse, representative and socially mobile legal profession.
Episode 96 of the Hearing is now available.
Devoted listeners to The Hearing will be familiar with the work of The Chancery Lane Project, which helps lawyers use contracts to fight climate change. This episode is about using a similar concept to tackle modern slavery and other human rights abuses.
Becky speaks to Olivia Windham Stewart and Sarah Dadush about their work with the American Bar Association to help improve the human rights performance of contracts and supply chains. They talk about how supply contracts often inadvertently increase human rights and environmental risk, by being too onerous.
This episode shows how you can be an ally to this cause, and make a meaningful difference, simply by reviewing the supply contracts used by your firm.
Last month I attended my first Alternative In-house Technology Summit. One of the aims of the event is to help GCs and heads of legal operations build the internal business case for technology investment by gathering success stories from their industry peers. Here are some themes that resonated with me.
Several Bills included in the Queen’s Speech are likely to be of significance to in-house lawyers. They may also be interested in a bribery case brought by the Serious Fraud Office (SFO) and recent developments in narrative reporting.