Out but not down

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13 July 2016


Saunderson House200Suddenly the world, or at least the United Kingdom, feels like a different place. The ‘out’ verdict in the referendum has cost David Cameron his job and, while yesterday’s developments mean that Theresa May should be appointed prime minister imminently, uncertainty with regard to the timing of the UK’s exit from the EU and the shape of any trade deal with Europe that is put in its place, could well persist for many months.

Along with change at the top of the Conservative party, the referendum result looks likely to precipitate a change at the head of the Labour party with Jeremy Corbyn facing a leadership challenge.

Like the political backdrop, the economic outlook is now also much less certain. Despite this, stock markets have been fairly resilient.

We have taken the opportunity to reduce allocations to equities to ensure portfolios reflect the changed outlook.

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Legal Futures Blog

Rating lawyers by their wins and losses – a good idea?

Robert Ambrogi

Lawyers will give you any number of reasons why their win-loss rates in court are not accurate reflections of their legal skills. Yet a growing number of companies are evaluating lawyers by this standard – compiling and analysing lawyers’ litigation track records to help consumers and businesses make more-informed hiring decisions. The shortcomings of evaluating lawyers by win rates are many. Not least of them is that so few cases ever make it to a win or loss. Of equal concern is that, in the nuances of law practice, it is not always obvious what constitutes a win or a loss.

February 22nd, 2017