King’s Counsel

Office anthropology™ →Go uptown The JC puts on his pith-helmet, grabs his butterfly net and a rucksack full of marmalade sandwiches, and heads into the concrete jungleIndex: Click ᐅ to expand: Work anthropology Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Senior, brainy, court lawyers. The JC is lucky enough to know a few, largely because he shares with them a fondness for cricket. They are excellent men and women, to a one, but they engage in a part of the legal process of which the JC is constitutionally committed to steering as clear as he can: litigation. Not just because suing and being sued is hard, gives you a tension headache and is beset with fiddly, procedural bear traps, but because the road is strewn with absurd conventions, unarticulated rules of etiquette, and unspoken ways of behaving that you have to get formally; right, hang whether you were right in substance. That’s not just how the JC rolls.

In legal practice, court lawyering is golf you see, and the JC is a cricket kind of fellow.

And then there is the small matter that, for any proud contracts lawyer, even talking to a Queen’s Counsel — to any litigator, really — except one you are standing next to in the slips, or who is purporting to act in an “advisory capacity” (HA!) — is a confession of professional failure. We cannot notch our belt with our conquests; we have no kill emblems to paste on the fuselage. We are like dogs in the nighttime: you know us because we do not bark. We mark our serene performance by the lack of cuts, scrapes, bruises and abrasions on our pretty faces. Our measure of success is that our contracts are so clear no one would dream of litigating.

For the most part, financial services professionals know what they are about enough that their contracts — the “verbiage” — don’t wind up in court very often. When they do, it is generally as a result of some cataclysmic failure in the industry, where institutions that were supposed to have been immortal, indestructible and impervious to any kind of weakness turn out to have been run by utter morons. This happens every ten years or so; for the rest of the time the utter morons that run our institutions get away with it. But suddenly Lehman, you know. The litigation is conducted by someone — an insolvency practitioner — who will have barely the first idea about derivative contracts; and will be heard by another someone — a commercial court judge — who may not have even heard the word swap before.

Anyway, this is about a special kind of golfer. Now there are all kinds of hazing rituals and

By the way: never say “Queen’s Council”.