The Lipstick Building, a 183m tall skyscraper in New York City, USA where Latham & Watkins have an office on the 25th floor.

Sunset over Greenwich Hill and Canary Wharf in London.all changed, changed utterly: a terrible beauty is born
W.B. Yeats, Easter 1916
Yeats wrote these words exactly one hundred years ago in an entirely different context, yet they retain a certain poignancy for today's commercial law firms.

4 people using social media with icons showing how much people use social media for.

4 people using social media with icons showing how much people use social media for. Over the past five years there has been a steady increase in the number of in-house counsel using social media as a platform for conducting research and connecting with external lawyers. Indeed, studies have revealed a shift on the part of in-house counsel to social media in place of a reliance mainly on blogs.

Boxing gloves with both the EU flag and the British Flag on, signifying a post-Brexit world.

Boxing gloves with both the EU flag and the British Flag on, signifying a post-Brexit world. The forty-nine per cent of British citizens who voted to remain in the European Union are being forced to parse the consequences of an exit (and so is everyone else, of course). Legal professionals among this group are necessarily asking questions about the UK legal services market's continuity.

A view of a street in West London, an expensive area for house prices.

A view of a street in West London, an expensive area for house prices.It is ever more common for European businesses that would otherwise rely on conventional European bank loans to resort to US debt financing. When BC Partners acquired Mergermarket, what started out as a regular deal ended up being funded state-side using a high-yield US instrument called Term Loan B.

A group of employees cutting a red ribbon with scissors to signify an office opening

A group of employees cutting a red ribbon with scissors to signify an office openingIt rolls off the tongue at cocktail parties where lawyers gather – 'Oh, we're opening a new office' – because a vaunted new space in some interesting locale is associated with positivity, growth and opportunity. Still, there are potential pitfalls, beginning with the decision to open one in the first place.