As financial organizations spread their power and work far and wide the issue for lawyers is whether they can be taken on due to conflict of interest issues. It seems the lawyers may be running scared of the banks. The Times’ Danny Lee reports.
As interest rates rise and multi-billion-pound bank mergers and acquisitions grab the headlines, law firms appear to be increasingly running scared of taking on the mammoth financial institutions. The London firm Manches recently made a public stance of its own position, declaring that it does act against banks, even though other law firms are reluctant […]