With the English justice system having the reputation of being the most incorruptible and equitable in the world, whether you agree with that statement or not, there have been more and more international disputes recently coming to London’s courts.
Cases such as Berezovsky v Abramovich, Cherney v Deripaska and JSC BTA bank v Ablyazov have shown an increasing trend of large-scale cases making use of dispute resolution provisions in foreign contracts that allow parties to litigate in London courts as opposed to their own. What this means for those contract attorneys and paralegals in London, who have been lucky enough to get onto those matters, is many months of lucrative work with the option of putting in as many hours as they desire. So let’s see if and how this affects the contract attorney and document review market.
International aspect – a multi-lingual’s paradise
With government statistics saying that 9 out of 10 commercial cases handled by London’s law firms have an international aspect to them, those contract attorneys who have the benefit of a second language will always be in higher demand. If you find yourself on one of these international document reviews, you may well discover that you are to be sent to the foreign jurisdiction at some point during the file. As and when this happens, check out Contract Attorney Central’s post as preparation before you leave: Help – My Employer Wants To Send Me Abroad Part 1 and Part 2!
The benefit of working on a matter which is both massive and cross-jurisdictional is that the legal elements that come into play can often be more interesting and varied than a standard home-based case. Of course, the majority of the time as a contract attorney you will be required simply to be document reviewing and coding, however there should be many days also where you will be asked by your associates or partners to provide some research on, for example, disclosure and privilege rules in the foreign jurisdiction. Becoming your associate’s ‘go-to guy’ for research and other non-coding tasks will pay dividends at later stages of the matter.
The recent huge influx into London’s courts of these substantial matters has certainly helped the London contract attorney and document review market, to the extent that it has been providing long hours and steady security for longer projects. We at Contract Attorney Central say long may it continue!
What say you? Are those based in London unhappy that our courts are being turned over to foreign cases or are you just pleased for the extra input this puts into the market? Share your thoughts and tips with the contract attorney community.