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Message: <blockquote data-quote="James I" data-source="post: 9751" data-attributes="member: 135">Hi Vicky,I think most likely what they are referring to is the impact property has because of its 'physical' nature.A good way to think of it is like this... if you assisted on a litigation dispute regarding the construction of a school/hospital/residences, there may be more emotion involved due to the impact this litigation has on the people in a community (it is a physical building after all) - I think some of Trowers' lawyers like the idea of being involved in commercial law but areas that have a 'real' impact because of its 'real' nature - you can feed off the idea of being able to see/touch/visit the thing you are disputing - and perhaps there are more emotions at stake (which you cannot always put a value on).Conversely, if you think about a dispute between two financial institutions over a matter such as distressed debt or securities, the 'physical'/'real' impact on the community is arguably invisible - whilst a dispute over distressed debt as part of a pension fund can impact real people, what the institutions are arguing over is not necessarily tangible - and so as a lawyer, you don't really get to see what they are arguing over. As above, a portfolio of distressed debt always has an inherent value to it... but a dispute over the construction of a hospital (and the emotional impacts within the community) has arguably more than just a numeric value - I think some lawyers at Trowers like this because it is seen as the more 'human' side of commercial law - there is a human/emotion at the end of the litigation rather than just a number.So to answer your question, I think Trowers lawyers prefer to operate within the 'real economy' because of its physical nature and the impact this visibly has on the wider economy/community. From experience, this is quite the daily motivating factor for people in certain departments at the firm such as projects/regeneration/housing - and because of this, they have become known as a firm with strong practices in most areas of real estate.I know it's confusing at first but its one of those things you understand the more you get involved with the firm/speak to the associates.</blockquote>

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