*/
Profession
More international and commercial arbitrations take place in London under English law than in any other city of the world, the Legal Services Board has noted in its paper, ‘Market impacts of the legal Services Act 2007’, published at the end of October.
It reports that the London Court of International Arbitration has seen a growth in use by overseas parties, and predicts that this is likely to increase with the opening of the Rolls Building court centre last year.
The Bar is increasing its share of the export market – in 2010, its overseas exports totalled £152m, up from £131m in the year before, according to a report last year by TheCityUK. As the Bar Council has pointed out, barristers’ chambers and law firms make a significant contribution to the UK economy, amounting to £23.1bn or 1.8% of the UK’s gross domestic product in 2009.
Moreover, while legal services have been affected by the economic downturn, barristers are helping to drive recovery, according to the LSB’s paper.
It records that the total turnover of the legal services sector returned to pre-recession levels in 2010/11 (reaching £25.49bn compared to £25.47bn in 2007/08).
In the first year of the recession, between 2007/08 and 2008/09, solicitors’ firms experienced an 8% fall in turnover. Barristers and other non-solicitor legal services providers, however, saw their turnover grow during this period, “driving the return to pre-recession turnover levels for the whole market”.
Non-solicitor and barrister legal services consistently account for a third or more of total industry turnover.
It reports that the London Court of International Arbitration has seen a growth in use by overseas parties, and predicts that this is likely to increase with the opening of the Rolls Building court centre last year.
The Bar is increasing its share of the export market – in 2010, its overseas exports totalled £152m, up from £131m in the year before, according to a report last year by TheCityUK. As the Bar Council has pointed out, barristers’ chambers and law firms make a significant contribution to the UK economy, amounting to £23.1bn or 1.8% of the UK’s gross domestic product in 2009.
Moreover, while legal services have been affected by the economic downturn, barristers are helping to drive recovery, according to the LSB’s paper.
It records that the total turnover of the legal services sector returned to pre-recession levels in 2010/11 (reaching £25.49bn compared to £25.47bn in 2007/08).
In the first year of the recession, between 2007/08 and 2008/09, solicitors’ firms experienced an 8% fall in turnover. Barristers and other non-solicitor legal services providers, however, saw their turnover grow during this period, “driving the return to pre-recession turnover levels for the whole market”.
Non-solicitor and barrister legal services consistently account for a third or more of total industry turnover.
Profession
More international and commercial arbitrations take place in London under English law than in any other city of the world, the Legal Services Board has noted in its paper, ‘Market impacts of the legal Services Act 2007’, published at the end of October.
As we look ahead to Justice Week 2022, the sustainability of the Criminal Bar remains a critical issue for the government to address
Opportunity for female sopranos/contraltos in secondary education, or who have recently finished secondary education but have not yet begun tertiary education. Eligibility includes children of members of the Bar
Fear of the collection and test process is a common factor among clients, especially among vulnerable adults in complex family law cases. Cansford Laboratories shares some tips to help the testing process run as smoothly as possible
Casey Randall explains how complex relationship DNA tests can best be used – and interpreted – by counsel
Casey Randall, Head of DNA at AlphaBiolabs, explores what barristers need to know about DNA testing for immigration, including when a client might wish to submit DNA evidence, and which relationship tests are best for immigration applications
Julian Morgan reminds barristers of the top five areas to consider before 5 April
Barristers are particularly at risk of burnout because of the nature of our work and our approach to it but it doesnt have to be this way. Jade Bucklow explores how culture, work and lifestyle changes can rejuvinate our mental health...
The case ofR v Brecanihas complicated matters for defence lawyers. Emma Fielding talks to gang culture expert, Dr Simon Harding about County Lines, exploitation and modern slavery
If the Bar cannot define and prohibit bullying behaviour, what chance do we have of persuading the Judiciary to do so? Darren Howe QC and Professor Jo Delahunty QC's call to action on codification plus suggested strategies for dealing with bullying from the Bar and Bench
The Schools Consent Project (SCP) is educating tens of thousands of teenagers about the law around consent to challenge and change what is now endemic behaviour. Here, its founder, barrister Kate Parker talks to Chris Henley QC about SCPs work and its association with Jodie Comers West End playPrima Facie, in which she plays a criminal barrister who is sexually assaulted
Professionally embarrassed? The circumstances in which criminal barristers may return instructions to appear at trial have become clearer following the Court of Appeal judgment inR v Daniels By Abigail Bright
