Simon regularly gives advice on interpretation of contracts, requests to amend standard engagement terms and wording for indemnities and other contractual documents. He provides opinions on statutory and other legal rights and responsibilities and assists clients to understand and comply with their legal and professional obligations. He is often asked to advise on the implications of a change in law.
Simon helps clients to avoid disputes before they occur and to manage legal and ethical risks. If a dispute arises, Simon is often involved in assisting his clients to resolve the dispute without resort to litigation.
One example of a significant risk management achievement was the development of disclaimer wording in audit reports in response to the Scottish case of Bannerman Johnstone McLay v Royal Bank of Scotland (2002). Simon was instrumental in advising PricewaterhouseCoopers and the Institute of Chartered Accountants of England and Wales (ICAEW) on the need for the disclaimer and the development of the disclaimer wording. The Bannerman disclaimer has since become best practice for auditors worldwide.