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The government outlined its programme to “level up” the UK in the Queen’s speech on Tuesday, following the previous week’s local and devolved elections, with the Conservatives reinforcing their position as the dominant political force in England, the SNP continuing to lead the field in Scotland, and Labour doing well in Wales and the Manchester and London mayoral elections, but losing ground elsewhere, including a crucial byelection in Hartlepool.

There are various ways that you can keep on top of your commercial awareness, including listening to reputable podcasts, checking LCN’s Commercial Question section to see what leading firms are thinking about and regularly reading this commercial news round-up. Finding a news story that genuinely interests you will support your commercial awareness development as it will feel like less of a chore to stay on top of the updates. There are a few interesting ones in this week’s round-up that might pique your commercial awareness strings.

‘Commercial awareness’ might sound like a daunting term to begin with but once you’ve got to grips with what it actually means – understanding the environment in which law firms and their clients operate (in short) – it’s all about being consistent. 

Commercial awareness is  understanding that being a lawyer involves much more than just knowing the law – you have to know your clients’ businesses and the sectors they operate in to be able to help them achieve their commercial aims.

What factors led Debenhams to become the latest casualty of the high street?

Can former employees take confidential information from their former employer to their new job?

What are freeports and how will they work in the UK post Brexit?