ASIAN-MENA COUNSEL’s Publishing Director, Patrick Dransfield, recently photographed and talked to David Miles, formerly Chair of Latham & Watkins’ Asia practice, and asked him to share some of his 30 plus years international legal experience with the In-House Community.
The legal profession that Professor Richard Susskind OBE has been observing since 1981 is ‘on the brink of fundamental change’. He predicts that the practice of commercial law in particular, will be almost unrecognisable in 15 years from what it is today. Inevitably, in-house counsel teams are not immune. But with change comes opportunity and, according to Susskind, the importance of the in-house counsel role in the future will be very much self-driven and self-determined. In the following extract from his new book, Tomorrow’s Lawyers, chapter 7 ‘The shifting role of in-house lawyers’ – published by Oxford University Press, exclusive to ASIAN-MENA COUNSEL – Susskind illustrates how in-house counsel need to change their way of working and provides examples as to how they can adapt and profit from this shifting landscape.
“What is the price of Experience? Do men buy it for a song?
Or Wisdom for a dance in the street? No, it is bought with the price
Of all that a man hath, his house, his wife, his children
Wisdom is sold in the desolate market where none come to buy
And in the wither’d field where the farmer ploughs for bread in vain.”
William Blake (1757 – 1827)
To read the ASIAN-MENA COUNSEL article Click Here (Note, if you are using an iPhone or iPad you can also download this article directly to your iBooks after it opens in Google...
