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Guarded optimism for 2015

Yamri Taddese - Monday, January 19, 2015

As falling oil prices add another wrinkle to already-uncertain economic conditions, several law firms are expressing guarded optimism that they’ll be able to weather the storm and continue to adapt to changing markets this year.
Lower oil prices will “undoubtedly” mean challenges for some oil and gas producers but they also present opportunities for clients in other sectors, says Brock Gibson, chairman of Blake Cassels & Graydon LLP.

“Oil prices have been volatile in the past and are clearly volatile over the last few months,” says Gibson.

“They are generally priced in U.S. dollars, so the drop in the Canadian dollar mitigates some of that. It will undoubtedly create some challen...

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Inside Story

Monday, January 19, 2015

The Law Foundation of Ontario has a new chairman with Paul Schabas taking over the role from Mark Sandler.

Schabas took on the role on Jan. 1 after serving as a trustee since 2007. A media lawyer and partner at Blake Cassels & Graydon LLP, he has also served as chairman of Pro Bono Law Ontario and a director of the Canadian Civil Liberties Association. He’s currently a bencher of the Law Society of Upper Canada as well.

“I look forward to building on the significant achievements of my predecessor,” said Schabas of his new role.

Gowling Lafleur Henderson LLP has admitted 16 new partners at its offices across Canada and Britain.

Five of the new partners are in Ontario. Commercial litigation lawyer Brent Arnold, corporate finance and mergers and acquisitions lawyer Rob Blackstein, and restructuring and insolvency lawyer Frank Lamie have joined the Toronto office. Procurement...

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