A blistering piece in the FT this morning by Cat Rutter Pooley (paywalled) – City lawyers cannot hide behind the law over Russian clients – on the dilemma for law firms.
And a very clear message that this should not be a dilemma,
But mealy-mouthed statements should not be allowed to provide cover for a lack of real action. Firms do not need to shout about dropping Russian clients. It nonetheless needs to be clear that they will not carry on as they were before Russia invaded Ukraine.
Lawyers always profit in bad times. You’d be naive to think otherwise.
Nonetheless, how they do it is what really matters. And how we will judge them.