Reply to thread

Message: <blockquote data-quote="ADKM" data-source="post: 141269" data-attributes="member: 25667">Hi Jaysen, this is a great thread. Here’s how I go about when working on my commercial awareness:1) I have regularly started listening to the FT news briefing podcast, and then read up on the main stories for that day’s podcast. This way I know the main commercial stories and I try and think about the implications of these stories from a political and economic perspective allowing me to come up with interesting observations.2) I read the Watson’s daily news everyday and practice weekly quizzes helping me to keep up with the most important weekly commercial stories.3) I read the TCLA newsletters which have some really interesting stories which have helped me to understand how law firms operate and how they structure their business to advice clients.I feel I have started to enjoy reading about commercial topics which makes me want to think beyond an article and analyse its implications on a law firm and their clients. This week so far I have found two stories particularly interesting:1) With London on the back foot in terms of companies wanting to list on the LSE, the IPO boom in the Middle East is an important eye opener for law firms as this move is attracting a lot of global investors to invest in places like the UAE and with the country being a tax haven, investors and corporations can benefit big time from reduced taxes. This means opportunities for global law firms to expand their Middle East offerings and consolidate their revenues (for example, for a firm like shearman I think this move might actually benefit them a lot when one considers they have recently lost partners due to more lateral hires and a reduction in the PEP figures).2) China increasing its bailout programs to developing countries to protect the OBOR infrastructure program. With the banking crisis ongoing and borrowing costs at an all time high, countries like Sri Lanka have requested China for a debt restructuring trade off but to no avail. I think this is significant especially considering IMF’s recent loan package to SL. I look at this news as an opportunity for law firms with strong finance practices to be heavily involved should debtors like SL and similar developing countries face a problem in repaying their loan obligations. Finance teams can advise these debtors on ways to structure their debt to ensure their efficient disposal or even advise on ways to inflate their sovereign wealth fund (my logic behind this is similar to the recent request by US lawmakers to increase insurance deposits). This way it gives enough backup to debtors in terms of liquidity in times of credit and cash crunches.</blockquote>

Verification: Our company is called, "The Corporate ___ Academy". What is the missing word here?

Top Bottom

Search

Search

Reply to thread