Lovells senior partner John Young has come out in support of UK law firms’ success at exporting English law after recent claims by the former Chief Justice Lord Woolf that the credit crunch had damaged Anglo-Saxon firms.
In an interview with the Financial Times last week Woolf commented: “I think [people] are talking about a general sense of malaise with western standards. That goes into the common law legal system, because it’s very much part of what we have been promoting in China, Japan and Russia.”
