Guest post: Ed can enter No. 10 without Nicola’s keys

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This election looks a close-run thing – very close run indeed. As I write, polls and forecasts suggest strongly that no party’s going to get near a majority. There’s a lot of talk about what could happen after May 7th. And an idea’s beginning to take hold that, in a hung Parliament, Ed Miliband would need some sort of advance promise of support from the Scottish Nationalists before the Queen would appoint him Prime Minister.

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Guest post: Legal Risk Study – how in-house lawyers manage (or don’t) ethics and risk

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Readers who have not seen this already might be interested in the executive report from a study I am leading on Legal Risk: Definition, Management, and Ethics. It looks at legal risk practices in large corporates here in the UK. It can be found on SSRN and UCL’s webpages.

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Why are there no lawyer-backed MDPs?

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With the rise of multi-disciplinary practices (MDPs) receiving daily comment in the professional news, this is certainly a question worth asking.

Before adding my own observations to the debate, I should spell out what I am thinking about and what I am not.

For starters, I appreciate that much work of many solicitors’ firms in England and Wales falls outside the reserved areas. As a result, there is a sense in which many law firms are already MDPs. Similarly, I am not thinking about those alternative business structures (ABSs) that, in the course of providing retail legal services, offer ancillary, non-legal services, such as car hire, medical reports, etc.

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The use of a Cyprus International Trust (CIT) as a business vehicle

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Andri Tsangarou and Andrianna Solomonides of Kinanis LLC discuss a new use for the CIT.

The economic and business instability of recent years, stemming from the worldwide economic crisis as well as widespread uncertainty and increased national scrutiny, have changed the rules of the business game dramatically. The international investor is faced with the need to seek additional safeguards towards business assets, as well as the need to provide a stable and unimpeded environment against any internal or external threats.

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Guest post: Parliament dissolved – the fight for power at Westminster commences

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On 30th March, Parliament was dissolved. The coalition government remains in place pending the outcome of the General Election on 7th May and it may remain in place for some time beyond the election (see later). At present, the opinion polls suggest that no political party will gain an overall majority over all other parties in the House of Commons.

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Guest post: Behaving like an ass is a short term play – the merits of being decent

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‘Taking advantage’ is a phrase I hear a lot when lawyers discuss their work. I think it is linked to the idea of lawyers as business people concerned with competitiveness and commerciality, but in any event it manifests itself in the restless and energetic pursuit of getting the best possible deal/outcome for each client on each occasion.

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Guest post: Pricing Power… and how to convert it into profit

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The growth of professionals in Law Land with the word ‘pricing’ in their title has been explosive over the past couple of years. It’s a trend we applaud loudly and fervently, so perhaps it’s worth a primer on how it’s done in the major leagues: When B2B companies with thousands of SKU’s (Stock Keeping Unit) and tens or even hundreds of thousands of individual prices engage in ‘pricing-excellence’ programs.

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