Sic transit gloria mundi

Latin phrases used to be an important part of a lawyer’s armoury, if only to confuse those without a classical education into believing that a mundane set of words must be important because of the solemnity with which they were intoned. Doubtless this also justified instructing a lawyer and a fee as the ordinary person could not be expected to act for himself (and in those days it almost invariably was a male) if they could not understand the language used.

I have an affectionate memory of learning Latin although too often my reports complained that “he could do better at Latin sentences if he learned the vocabulary and the conjugations”. I am in favour of it being taught, not least because it is one of the foundations of our own language today. However, nowadays the use of Latin in the law is dying out and a good thing too! Plain English is what we need so that everyone can understand what is being said and written.

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Confucius, he say…

“May you live in interesting times” is reputedly the English version or paraphrase of an ancient Chinese curse.

Whatever its origin, the saying crops up in a variety of differing situations including a speech by Robert F Kennedy in 1966, a letter from Austen Chamberlain to a member of the US House of Representatives and more recently in a speech by Bob Garvin, the character played by Donald Sutherland in the 1994 film, Disclosure.

The film starred Demi Moore and Michael Douglas who, contrary to what you might expect from the title, were not engaged in a Hollywood version of Part 31 but played a couple who worked in a technology company and who became engrossed in a sexual harassment case!!

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No return to the status quo ante?

The stock market and some of the respected commentators think the recession is over. Others, including the Bank of England, are not so sure.

You could be forgiven for being confused!!

Recession means different things to different people and businesses are affected in different ways. Interest rates are at an historic low and may remain at this level for some months, possibly years. Some lawyers believe the good times are just around the corner. They point to increased M&A and restructuring activity and some City lawyers point to an increase in litigation instructions. Others admit that life has by no means returned to normal (pre Lehman Brothers/Northern Rock etc). Some areas of activity are at a very low ebb. Unemployment is rising and I do not expect the recession to be truly over until businesses are hiring again and law firms stop deferring training contracts and making lawyers redundant. It is noticeable that some firms are having more than one bite at that particular cherry.

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