Navigating 2022’s Global Market Place

Discover the key findings from a recent webinar the Chambers Global team and legal experts hosted, discussing multinational corporations and how they will navigate the legal market in 2022.

Published on 15 February 2022
Written by Jayda Etienne
Jayda Etienne

Ranking the top law firms across the global legal market

Launching this Thursday is Chambers 2022 Global guide, encompassing the specialised Global Market Leaders rankings which recognises the leading law firms and individual lawyers who focus on advising clients in international contexts. Learn more about this guide and key developments in the practice areas it covers. 

What is the Global Market Leaders Section in Chambers Global?

Global market leaders identifies truly specialist law firms that are heavily involved in influential parts of an international legal market such as Climate Change, Agribusiness, and International Trade.

While such practice areas have local and country-specific legal frameworks in place, the sectors are more global in scope, and therefore warrant rankings in a specific global-focused guide.

The research for the global market leaders section in the Chambers Global guide and legal rankings is conducted by the experienced GIC research team who possess significant international knowledge and practice area expertise. They frequently engage with leading lawyers and their major multinational clients.

GIC Virtual Forum: leading lawyers discuss international influences shaping the global market

Ahead of the upcoming 2022 Global Guide launch, the GIC team hosted a panel with titans of the international legal market to discuss how multinational corporations will navigate 2022's global marketplace.

This touched on many of the practice areas covered in the global market leaders section such as Climate Change and Business & Human Rights. The panel focused on identifying the core issues influencing global business including; how businesses might be affected by climate change, disruption of business activities due to Covid-19, and growing legal and social obligations for corporates to do businesses ethically and sustainably.

Chambers Global International Capabilities Virtual Forum Webinar

How-to Chambers webinar icon
Navigating 2022's Global Marketplace

Hear from legal experts on the opportunities and challenges international clients face in 2022.

Watch on-demand

4 Key takeaways on the current and future legal landscape

  • Significant regulatory activity is expected over the next 12 months across Europe concerning Business & Human Rights, the Environment, ESG and Climate Change; these fields are becoming increasingly connected.
  • Environmental, social, and governance (ESG) criteria are an increasingly popular way for investors to evaluate companies, thus driving companies to adopt ESG policies. From climate change and sustainability reporting, to workforce management issues, investors are visibly prioritising their corporate governance and ESG policies with greater frequency and force.
  • The Pandemic has highlighted the severe consequences when a problem is ignored until it's too late. This has led to growing shareholder activism surrounding the climate change aspect of ESG. As a result, corporates are increasingly turning to carbon markets to find carbon offsets that enable them to reduce their carbon footprint.
  • The explosion of litigation against multinational companies in relation to human rights abuses is set to continue throughout 2022. Recent judgements against large companies has significantly broadened the scope of parent company liability showing that liability can now arise in relation to the global policy framework, and also public commitments made by companies which aren't honored.

Global Market Leaders legal rankings for 2023

Firms are welcome to submit to the Global Market Leaders practice areas. To discover the research schedule for the Chambers Global 2023 guide please click here.

Please get in touch with a member of the GIC team if you have any questions about the section.

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Visit the Chambers Global guide page to access our legal rankings of the top law firms and lawyers, gain insights, overviews and more on the guide.