The nomination of UBS general counsel Peter Kurer to chairman has sparked controversy regarding lawyers in top management roles. Ed Thornton reports on the challenges facing Kurer and what he can learn from other lawyers who have stepped up to the plate

Swiss banks are probably not accustomed to playing practical jokes on 1 April, but the business community could have been forgiven for thinking that UBS was engaging in some April Fool’s Day shenanigans when it announced that its general counsel, Peter Kurer, would be the new chairman.