As the year draws to a close, attention turns to 2016 and what it will bring for the legal profession. Recent years have seen a high level of lateral movement, major law firm collapses and merger mania, so what can we expect in the year ahead? Who’s Who Legal decided to ask the experts: a selection of thought leaders including private practitioners and in-house counsel from around the world. Here are their predictions for 2016.
Juan García Montúfar, head of legal, Peru, at Anglo American, foresees “reduced earnings for outside counsel” yet an “increase in M&A work” due to asset divestment, as global mining companies set about redesigning their structures in 2016 to face the current economic challenges impacting the industry.
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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.