This is a time of relentless volatility and ambiguity for many of our clients, as they face the complexities of globalization, economic and political uncertainty, disruptive new business models, cyber insecurity and multiplying layers of regulation.

To navigate our way through this age of accelerating complexity, we have to define a new way forward.

Our Global Chair Paul Rawlinson is clear about the need to create a culture "where change is not just acceptable but celebrated".

"A new breed of lawyer needs to emerge which is innovative, creative, diverse, very comfortable in client teams and comfortable across cultures and markets," he adds.

Our recent panel discussion, held in New York and featuring a group of eminent speakers on this topic, looked at how law firms can support clients facing up to today's challenges and turn them into competitive advantages.

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