It's been 10 years since the financial crisis. And on the eve of Brexit, we're gathered for the FT Innovative Lawyers 2018 Awards for Europe to celebrate a banner year across the sector.
I'm here with Barney Thompson, the FT's legal correspondent; and Reena Sengupta, Chief Executive of RSG Consulting.
What stood out for you the most among this year's winners?
I think the winners are all very worthy this year. I think what stood out the most for me was the fact that the winners show how horizontal their legal profession is, how much more open it is, how much more willing it is to experiment, work with different types of companies, work with different kinds of skillsets, and actually empower the non-lawyers. And I hate that phrase. But empower the business professionals that work within law firms to actually enable them to innovate, completely transform their businesses. So that's really what stood out for me.
And Barney and to both of you, what trends did you notice this year?
Well, I agree with Reena that every year law firms get more and more open to this. So innovation used to be something that some firms did much better than others. And others would watch while the trailblazers would do it. Then it became much more ingrained, particularly on the technology front. The thing that has struck me about this year's awards and also for the year of reporting on law firms is that law firms don't have to innovate.
They are called on to innovate in every way, both in the way that they carry out their business, in the demands that their clients make of them, and of looming things like Brexit and the continuing fallout from the financial advisors, which is still not over. They're always having to find new ways to grapple with those issues.