London business solicitors and the financial service industry

 

London is (and has been for the past two decades at least) one of the world’s biggest financial centres. The English economy’s reliance on the financial services industry which is largely based in the City has been well-documented. London business solicitors often work directly with the financial service industry. This is done in two ways; the solicitors may be working for a firm that represents a bank or fund-management firm, or the solicitor could be employed directly by the ‘client’, and fulfil the role of an in-house legal counsel. Thousands of legal professionals would consider themselves to be London business solicitors, and there are many different sub-specialties which differentiate them from each other.

When London business solicitors are representing clients as part of a law firm, the project often involve unique deals, such as an equity sale, a merger or a sale of assets. The in-house solicitor on the other hand, is likely to be responsible for more of the everyday legal issues which arise from normal trading. An example of such issues is regulatory compliance. The in-house legal counsel is often charged with ensuring that the financial firm adheres to the Financial Service Authority’s (FSA) guidelines.

If you are part of the financial service industry in London you will almost certainly benefit greatly from speaking to a legal specialist. Even if your commercial activity is relatively small, legal advice from a specialist solicitor will enable you to avoid unnecessary risks and proceed with confidence. 

If you would like to obtain legal advice from London business solicitors, Contact Law can put you in touch with a local business solicitor free of charge. So, if you have any questions or would like our help in finding local business solicitors please call us on 0800 1777 162 or complete the web-form above.

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