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Jenner & Block Partner Charlie Lightfoot is the subject of a 60-second interview published in The Lawyer about London’s status as a prominent international arbitration centre after Brexit. He also discusses changing perceptions around legal privilege, a major discussion topic in 2017.
“The real question mark is over the broader impact of Brexit on London as an international commercial centre,” explains Mr. Lightfoot. “If London loses ground to other cities, with a consequential drain on talent and investment, that would be detrimental to London’s position as a legal centre in the long term.”
Regarding legal privilege, Mr. Lightfoot observes that recent cases have confirmed the narrow view of privilege in the UK courts. “The RBS Rights Issue Litigation case at the end of 2016 confirmed that Three Rivers (No 5) is still the leading case in relation to the definition of a corporate “client” for the purposes of legal advice privilege,” he says.
Mr. Lightfoot is co-chair of the firm’s International Arbitration Practice and serves as the managing partner of the London office. He has extensive experience handling complex international arbitrations in both the commercial and investor/state arenas.