header-logo header-logo

Tomorrow’s world

31 January 2014 / Alison Wright
Issue: 7592 / Categories: Legal News , Training & education , Profession
printer mail-detail
web_wright

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

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Quinn Emanuel—James McSweeney

Quinn Emanuel—James McSweeney

London promotion underscores firm’s investment in white collar and investigations

Ward Hadaway—Louise Miller

Ward Hadaway—Louise Miller

Private client team strengthened by partner appointment

NLJ Career Profile: Kate Gaskell, Flex Legal

NLJ Career Profile: Kate Gaskell, Flex Legal

Kate Gaskell, CEO of Flex Legal, reflects on chasing her childhood dreams underscores the importance of welcoming those from all backgrounds into the profession

NEWS
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
In NLJ this week, Ian Smith, emeritus professor at UEA, explores major developments in employment law from the Supreme Court and appellate courts
Writing in NLJ this week, Kamran Rehman and Harriet Campbell of Penningtons Manches Cooper examine Operafund Eco-Invest SICAV plc v Spain, where the Commercial Court held that ICSID and Energy Charter Treaty awards cannot be assigned
back-to-top-scroll