The emergence of global firms has put currency risk on City lawyers’ agenda. Coutts’ Martin Young says partners should use all the available tools to manage that risk
US law firms have been a growing force in London, but what issues do the UK partners at such firms face and what has happened in the past few years? Exponential growth in the sector is the answer with 120 firms and over 3,000 UK lawyers practising in the capital. And for the partners, both of UK and US domicile? Very little in our experience.
