CINXE.COM

<!doctype html> <html class="no-js" lang="en-GB"> <head> <meta charset="UTF-8"> <title>Insights | International Legal Experts - Watson Farley & Williams</title> <meta name="viewport" content="width=device-width, initial-scale=1, minimum-scale=1"> <meta name="HandheldFriendly" content="True"> <meta name="MobileOptimized" content="320"> <meta name="apple-mobile-web-app-capable" content="yes"> <meta name="apple-mobile-web-app-status-bar-style" content="black"> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <meta name="format-detection" content="telephone=no"> <meta name="SKYPE_TOOLBAR" content="SKYPE_TOOLBAR_PARSER_COMPATIBLE"> <link rel="apple-touch-icon" sizes="57x57" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-57x57.png"> <link rel="apple-touch-icon" sizes="60x60" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-60x60.png"> <link rel="apple-touch-icon" sizes="72x72" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-72x72.png"> <link rel="apple-touch-icon" sizes="76x76" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-76x76.png"> <link rel="apple-touch-icon" sizes="114x114" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-114x114.png"> <link rel="apple-touch-icon" sizes="120x120" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-120x120.png"> <link rel="apple-touch-icon" sizes="144x144" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-144x144.png"> <link rel="apple-touch-icon" sizes="152x152" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-152x152.png"> <link rel="apple-touch-icon" sizes="180x180" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-180x180.png"> <link rel="icon" type="image/png" sizes="192x192" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/android-icon-36x36.png"> <link rel="icon" type="image/png" sizes="192x192" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/android-icon-48x48.png"> <link rel="icon" type="image/png" sizes="192x192" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/android-icon-72x72.png"> <link rel="icon" type="image/png" sizes="192x192" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/android-icon-96x96.png"> <link rel="icon" type="image/png" sizes="192x192" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/android-icon-144x144.png"> <link rel="icon" type="image/png" sizes="192x192" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/android-icon-192x192.png"> <link rel="icon" type="image/png" sizes="32x32" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/favicon-32x32.png"> <link rel="icon" type="image/png" sizes="96x96" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/favicon-96x96.png"> <link rel="icon" type="image/png" sizes="16x16" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/favicon-16x16.png"> <link rel="manifest" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/manifest.json"> <meta name="msapplication-TileColor" content="#ffffff"> <meta name="msapplication-TileImage" content="https://www.wfw.com/wp-content/themes/wfw/images/favicon/ms-icon-70x70.png"> <meta name="msapplication-TileImage" content="https://www.wfw.com/wp-content/themes/wfw/images/favicon/ms-icon-144x144.png"> <meta name="msapplication-TileImage" content="https://www.wfw.com/wp-content/themes/wfw/images/favicon/ms-icon-150x150.png"> <meta name="msapplication-TileImage" content="https://www.wfw.com/wp-content/themes/wfw/images/favicon/ms-icon-310x310.png"> <meta name="theme-color" content="#ffffff"> <meta name="referrer" content="no-referrer-when-downgrade"> <style type="text/css"> @font-face{ font-family:"Calibri W06"; src:url("/wp-content/themes/wfw/Fonts/17c31e5c-5784-4ae6-8cec-a6caed2afd3f.woff2") format("woff2"),url("/wp-content/themes/wfw/Fonts/0555dc6b-1bb5-4cdc-8975-756197067e95.woff") format("woff"); font-weight: 400; font-style: normal; font-display: swap; } @font-face{ font-family:"Calibri W06"; src:url("/wp-content/themes/wfw/Fonts/fdf371b8-1ed3-4c8c-a647-5c57f889f586.woff2") format("woff2"),url("/wp-content/themes/wfw/Fonts/42f91b8c-9815-4407-a659-bd79b1104da2.woff") format("woff"); font-weight: 400; font-style: italic; font-display: swap; } @font-face{ font-family:"Calibri W06"; src:url("/wp-content/themes/wfw/Fonts/69222be9-c9d5-4171-b3cd-f4c1697d4e75.woff2") format("woff2"),url("/wp-content/themes/wfw/Fonts/ac71c358-4cfa-4488-a823-3d4a086ab35c.woff") format("woff"); font-weight: 700; font-style: normal; font-display: swap; } @font-face{ font-family:"Calibri W06"; src:url("/wp-content/themes/wfw/Fonts/d3a0bdd1-8fef-4e49-a808-6bf63cc5ffd0.woff2") format("woff2"),url("/wp-content/themes/wfw/Fonts/f29d2fec-cc28-4d35-88a0-7c81385c6e79.woff") format("woff"); font-weight: 700; font-style: italic; } @font-face{ font-family:"Futura W01"; src:url("/wp-content/themes/wfw/Fonts/e17c7943-8db2-4470-9e2a-74a8d01f6776.woff2") format("woff2"),url("/wp-content/themes/wfw/Fonts/6c72b0cb-89a1-4da9-8574-9244967bd9d6.woff") format("woff"); font-weight: 500; font-style: normal; font-display: swap; } </style> <script type="text/javascript"> var MTIProjectId='54fe8e95-c4e4-4fc9-99d3-d3c4e67621f9'; (function() { var mtiTracking = document.createElement('script'); mtiTracking.type='text/javascript'; mtiTracking.async='true'; mtiTracking.src='mtiFontTrackingCode.js'; (document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild( mtiTracking ); })(); </script> <script> window.dataLayer = window.dataLayer || []; function gtag() { dataLayer.push(arguments); } gtag("consent", "default", { ad_user_data: "denied", ad_personalization: "denied", ad_storage: "denied", analytics_storage: "denied", functionality_storage: "denied", personalization_storage: "denied", security_storage: "granted", wait_for_update: 500, }); gtag("set", "ads_data_redaction", true); gtag("set", "url_passthrough", true); </script> <script> (function (w, d, s, l, i) { w[l] = w[l] || []; w[l].push({'gtm.start':new Date().getTime(), event: 'gtm.js'}); var f = d.getElementsByTagName(s)[0], j = d.createElement(s), dl = l !== 'dataLayer' ? '&l=' + l : ''; j.async = true; j.src = 'https://www.googletagmanager.com/gtm.js?id=' + i + dl; f.parentNode.insertBefore(j, f);})( window, document, 'script', 'dataLayer', 'GTM-WPBXG42' ); </script> <meta name='robots' content='index, follow, max-image-preview:large, max-snippet:-1, max-video-preview:-1' />  <meta name="description" content="Our legal experts share their knowledge on the latest news & insights, with a strong sector focus across Energy & Transport." /> <link rel="canonical" href="https://www.wfw.com/insights/" /> <meta property="og:locale" content="en_GB" /> <meta property="og:type" content="article" /> <meta property="og:title" content="Insights" /> <meta property="og:description" content="Our legal experts share their knowledge on the latest news & insights, with a strong sector focus across Energy & Transport." /> <meta property="og:url" content="https://www.wfw.com/insights/" /> <meta property="og:site_name" content="Watson Farley & Williams" /> <meta property="article:publisher" content="https://www.facebook.com/watsonfarleywilliams" /> <meta property="article:modified_time" content="2024-04-05T14:52:58+00:00" /> <meta name="twitter:card" content="summary_large_image" /> <meta name="twitter:site" content="@WFW_LLP" /> <meta name="twitter:label1" content="Estimated reading time" /> <meta name="twitter:data1" content="1 minute" />  <link rel='dns-prefetch' href='//hcaptcha.com' /> <script type="text/javascript"> /* <![CDATA[ */ window._wpemojiSettings = {"baseUrl":"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/","ext":".png","svgUrl":"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/svg\/","svgExt":".svg","source":{"concatemoji":"https:\/\/www.wfw.com\/wp-includes\/js\/wp-emoji-release.min.js?ver=6.6.2"}}; /*! This file is auto-generated */ !function(i,n){var o,s,e;function c(e){try{var t={supportTests:e,timestamp:(new Date).valueOf()};sessionStorage.setItem(o,JSON.stringify(t))}catch(e){}}function p(e,t,n){e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(t,0,0);var t=new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data),r=(e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(n,0,0),new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data));return t.every(function(e,t){return e===r[t]})}function u(e,t,n){switch(t){case"flag":return n(e,"\ud83c\udff3\ufe0f\u200d\u26a7\ufe0f","\ud83c\udff3\ufe0f\u200b\u26a7\ufe0f")?!1:!n(e,"\ud83c\uddfa\ud83c\uddf3","\ud83c\uddfa\u200b\ud83c\uddf3")&&!n(e,"\ud83c\udff4\udb40\udc67\udb40\udc62\udb40\udc65\udb40\udc6e\udb40\udc67\udb40\udc7f","\ud83c\udff4\u200b\udb40\udc67\u200b\udb40\udc62\u200b\udb40\udc65\u200b\udb40\udc6e\u200b\udb40\udc67\u200b\udb40\udc7f");case"emoji":return!n(e,"\ud83d\udc26\u200d\u2b1b","\ud83d\udc26\u200b\u2b1b")}return!1}function f(e,t,n){var r="undefined"!=typeof WorkerGlobalScope&&self instanceof WorkerGlobalScope?new OffscreenCanvas(300,150):i.createElement("canvas"),a=r.getContext("2d",{willReadFrequently:!0}),o=(a.textBaseline="top",a.font="600 32px Arial",{});return e.forEach(function(e){o[e]=t(a,e,n)}),o}function t(e){var t=i.createElement("script");t.src=e,t.defer=!0,i.head.appendChild(t)}"undefined"!=typeof Promise&&(o="wpEmojiSettingsSupports",s=["flag","emoji"],n.supports={everything:!0,everythingExceptFlag:!0},e=new Promise(function(e){i.addEventListener("DOMContentLoaded",e,{once:!0})}),new Promise(function(t){var n=function(){try{var e=JSON.parse(sessionStorage.getItem(o));if("object"==typeof e&&"number"==typeof e.timestamp&&(new Date).valueOf()<e.timestamp+604800&&"object"==typeof e.supportTests)return e.supportTests}catch(e){}return null}();if(!n){if("undefined"!=typeof Worker&&"undefined"!=typeof OffscreenCanvas&&"undefined"!=typeof URL&&URL.createObjectURL&&"undefined"!=typeof Blob)try{var e="postMessage("+f.toString()+"("+[JSON.stringify(s),u.toString(),p.toString()].join(",")+"));",r=new Blob([e],{type:"text/javascript"}),a=new Worker(URL.createObjectURL(r),{name:"wpTestEmojiSupports"});return void(a.onmessage=function(e){c(n=e.data),a.terminate(),t(n)})}catch(e){}c(n=f(s,u,p))}t(n)}).then(function(e){for(var t in e)n.supports[t]=e[t],n.supports.everything=n.supports.everything&&n.supports[t],"flag"!==t&&(n.supports.everythingExceptFlag=n.supports.everythingExceptFlag&&n.supports[t]);n.supports.everythingExceptFlag=n.supports.everythingExceptFlag&&!n.supports.flag,n.DOMReady=!1,n.readyCallback=function(){n.DOMReady=!0}}).then(function(){return e}).then(function(){var e;n.supports.everything||(n.readyCallback(),(e=n.source||{}).concatemoji?t(e.concatemoji):e.wpemoji&&e.twemoji&&(t(e.twemoji),t(e.wpemoji)))}))}((window,document),window._wpemojiSettings); /* ]]> */ </script> <style id='wp-emoji-styles-inline-css' type='text/css'> img.wp-smiley, img.emoji { display: inline !important; border: none !important; box-shadow: none !important; height: 1em !important; width: 1em !important; margin: 0 0.07em !important; vertical-align: -0.1em !important; background: none !important; padding: 0 !important; } </style> <style id='global-styles-inline-css' type='text/css'> :root{--wp--preset--aspect-ratio--square: 1;--wp--preset--aspect-ratio--4-3: 4/3;--wp--preset--aspect-ratio--3-4: 3/4;--wp--preset--aspect-ratio--3-2: 3/2;--wp--preset--aspect-ratio--2-3: 2/3;--wp--preset--aspect-ratio--16-9: 16/9;--wp--preset--aspect-ratio--9-16: 9/16;--wp--preset--color--black: #000000;--wp--preset--color--cyan-bluish-gray: #abb8c3;--wp--preset--color--white: #ffffff;--wp--preset--color--pale-pink: #f78da7;--wp--preset--color--vivid-red: #cf2e2e;--wp--preset--color--luminous-vivid-orange: #ff6900;--wp--preset--color--luminous-vivid-amber: #fcb900;--wp--preset--color--light-green-cyan: #7bdcb5;--wp--preset--color--vivid-green-cyan: #00d084;--wp--preset--color--pale-cyan-blue: #8ed1fc;--wp--preset--color--vivid-cyan-blue: #0693e3;--wp--preset--color--vivid-purple: #9b51e0;--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple: linear-gradient(135deg,rgba(6,147,227,1) 0%,rgb(155,81,224) 100%);--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan: linear-gradient(135deg,rgb(122,220,180) 0%,rgb(0,208,130) 100%);--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange: linear-gradient(135deg,rgba(252,185,0,1) 0%,rgba(255,105,0,1) 100%);--wp--preset--gradient--luminous-vivid-orange-to-vivid-red: linear-gradient(135deg,rgba(255,105,0,1) 0%,rgb(207,46,46) 100%);--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray: linear-gradient(135deg,rgb(238,238,238) 0%,rgb(169,184,195) 100%);--wp--preset--gradient--cool-to-warm-spectrum: linear-gradient(135deg,rgb(74,234,220) 0%,rgb(151,120,209) 20%,rgb(207,42,186) 40%,rgb(238,44,130) 60%,rgb(251,105,98) 80%,rgb(254,248,76) 100%);--wp--preset--gradient--blush-light-purple: linear-gradient(135deg,rgb(255,206,236) 0%,rgb(152,150,240) 100%);--wp--preset--gradient--blush-bordeaux: linear-gradient(135deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);--wp--preset--gradient--luminous-dusk: linear-gradient(135deg,rgb(255,203,112) 0%,rgb(199,81,192) 50%,rgb(65,88,208) 100%);--wp--preset--gradient--pale-ocean: linear-gradient(135deg,rgb(255,245,203) 0%,rgb(182,227,212) 50%,rgb(51,167,181) 100%);--wp--preset--gradient--electric-grass: linear-gradient(135deg,rgb(202,248,128) 0%,rgb(113,206,126) 100%);--wp--preset--gradient--midnight: linear-gradient(135deg,rgb(2,3,129) 0%,rgb(40,116,252) 100%);--wp--preset--font-size--small: 13px;--wp--preset--font-size--medium: 20px;--wp--preset--font-size--large: 36px;--wp--preset--font-size--x-large: 42px;--wp--preset--spacing--20: 0.44rem;--wp--preset--spacing--30: 0.67rem;--wp--preset--spacing--40: 1rem;--wp--preset--spacing--50: 1.5rem;--wp--preset--spacing--60: 2.25rem;--wp--preset--spacing--70: 3.38rem;--wp--preset--spacing--80: 5.06rem;--wp--preset--shadow--natural: 6px 6px 9px rgba(0, 0, 0, 0.2);--wp--preset--shadow--deep: 12px 12px 50px rgba(0, 0, 0, 0.4);--wp--preset--shadow--sharp: 6px 6px 0px rgba(0, 0, 0, 0.2);--wp--preset--shadow--outlined: 6px 6px 0px -3px rgba(255, 255, 255, 1), 6px 6px rgba(0, 0, 0, 1);--wp--preset--shadow--crisp: 6px 6px 0px rgba(0, 0, 0, 1);}:where(.is-layout-flex){gap: 0.5em;}:where(.is-layout-grid){gap: 0.5em;}body .is-layout-flex{display: flex;}.is-layout-flex{flex-wrap: wrap;align-items: center;}.is-layout-flex > :is(*, div){margin: 0;}body .is-layout-grid{display: grid;}.is-layout-grid > :is(*, div){margin: 0;}:where(.wp-block-columns.is-layout-flex){gap: 2em;}:where(.wp-block-columns.is-layout-grid){gap: 2em;}:where(.wp-block-post-template.is-layout-flex){gap: 1.25em;}:where(.wp-block-post-template.is-layout-grid){gap: 1.25em;}.has-black-color{color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-color{color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-color{color: var(--wp--preset--color--white) !important;}.has-pale-pink-color{color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-color{color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-color{color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-color{color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-color{color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-color{color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-color{color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-color{color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-color{color: var(--wp--preset--color--vivid-purple) !important;}.has-black-background-color{background-color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-background-color{background-color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-background-color{background-color: var(--wp--preset--color--white) !important;}.has-pale-pink-background-color{background-color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-background-color{background-color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-background-color{background-color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-background-color{background-color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-background-color{background-color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-background-color{background-color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-background-color{background-color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-background-color{background-color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-background-color{background-color: var(--wp--preset--color--vivid-purple) !important;}.has-black-border-color{border-color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-border-color{border-color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-border-color{border-color: var(--wp--preset--color--white) !important;}.has-pale-pink-border-color{border-color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-border-color{border-color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-border-color{border-color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-border-color{border-color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-border-color{border-color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-border-color{border-color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-border-color{border-color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-border-color{border-color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-border-color{border-color: var(--wp--preset--color--vivid-purple) !important;}.has-vivid-cyan-blue-to-vivid-purple-gradient-background{background: var(--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple) !important;}.has-light-green-cyan-to-vivid-green-cyan-gradient-background{background: var(--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan) !important;}.has-luminous-vivid-amber-to-luminous-vivid-orange-gradient-background{background: var(--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange) !important;}.has-luminous-vivid-orange-to-vivid-red-gradient-background{background: var(--wp--preset--gradient--luminous-vivid-orange-to-vivid-red) !important;}.has-very-light-gray-to-cyan-bluish-gray-gradient-background{background: var(--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray) !important;}.has-cool-to-warm-spectrum-gradient-background{background: var(--wp--preset--gradient--cool-to-warm-spectrum) !important;}.has-blush-light-purple-gradient-background{background: var(--wp--preset--gradient--blush-light-purple) !important;}.has-blush-bordeaux-gradient-background{background: var(--wp--preset--gradient--blush-bordeaux) !important;}.has-luminous-dusk-gradient-background{background: var(--wp--preset--gradient--luminous-dusk) !important;}.has-pale-ocean-gradient-background{background: var(--wp--preset--gradient--pale-ocean) !important;}.has-electric-grass-gradient-background{background: var(--wp--preset--gradient--electric-grass) !important;}.has-midnight-gradient-background{background: var(--wp--preset--gradient--midnight) !important;}.has-small-font-size{font-size: var(--wp--preset--font-size--small) !important;}.has-medium-font-size{font-size: var(--wp--preset--font-size--medium) !important;}.has-large-font-size{font-size: var(--wp--preset--font-size--large) !important;}.has-x-large-font-size{font-size: var(--wp--preset--font-size--x-large) !important;} :where(.wp-block-post-template.is-layout-flex){gap: 1.25em;}:where(.wp-block-post-template.is-layout-grid){gap: 1.25em;} :where(.wp-block-columns.is-layout-flex){gap: 2em;}:where(.wp-block-columns.is-layout-grid){gap: 2em;} :root :where(.wp-block-pullquote){font-size: 1.5em;line-height: 1.6;} </style> <link rel='stylesheet' id='contact-form-7-css' href='https://www.wfw.com/wp-content/plugins/contact-form-7/includes/css/styles.css?ver=6.0' media='all' /> <link rel='stylesheet' id='wpcf7-redirect-script-frontend-css' href='https://www.wfw.com/wp-content/plugins/wpcf7-redirect/build/css/wpcf7-redirect-frontend.min.css?ver=1.1' media='all' /> <link rel='stylesheet' id='search-filter-plugin-styles-css' href='https://www.wfw.com/wp-content/plugins/search-filter-pro/public/assets/css/search-filter.min.css?ver=2.5.19' media='all' /> <link rel='stylesheet' id='tjldesigns-css-main-css' href='https://www.wfw.com/wp-content/themes/wfw/style.css?ver=1731919598' media='' /> <link rel='stylesheet' id='tjldesigns-css-aos-css' href='https://www.wfw.com/wp-content/themes/wfw/js/aos.css?ver=1.0' media='all' /> <link rel='stylesheet' id='fancybox-css' href='https://www.wfw.com/wp-content/plugins/easy-fancybox/fancybox/1.5.4/jquery.fancybox.css?ver=1732332009' media='screen' /> <link rel='stylesheet' id='tablepress-default-css' href='https://www.wfw.com/wp-content/tablepress-combined.min.css?ver=530' media='all' /> <link rel='stylesheet' id='tablepress-responsive-tables-css' href='https://www.wfw.com/wp-content/plugins/tablepress-responsive-tables/css/tablepress-responsive.min.css?ver=1.8' media='all' /> <script type="text/javascript" src="https://www.wfw.com/wp-includes/js/jquery/jquery.min.js?ver=3.7.1" id="jquery-core-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-includes/js/jquery/jquery-migrate.min.js?ver=3.4.1" id="jquery-migrate-js"></script> <link rel="https://api.w.org/" href="https://www.wfw.com/wp-json/" /><link rel="alternate" title="JSON" type="application/json" href="https://www.wfw.com/wp-json/wp/v2/pages/172" /><link rel="alternate" title="oEmbed (JSON)" type="application/json+oembed" href="https://www.wfw.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fwww.wfw.com%2Finsights%2F" /> <link rel="alternate" title="oEmbed (XML)" type="text/xml+oembed" href="https://www.wfw.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fwww.wfw.com%2Finsights%2F&format=xml" />  <script type="application/ld+json">[{"@context":"http:\/\/schema.org\/","@type":"WPHeader","url":"https:\/\/www.wfw.com\/insights\/","headline":"Insights","description":"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas nec mauris ut felis porttitor sagittis. Cras a felis..."},{"@context":"http:\/\/schema.org\/","@type":"WPFooter","url":"https:\/\/www.wfw.com\/insights\/","headline":"Insights","description":"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas nec mauris ut felis porttitor sagittis. Cras a felis...","copyrightYear":"2018"}]</script>  <script type="application/ld+json">{"@context":"https:\/\/schema.org\/","@type":"Article","mainEntityOfPage":{"@type":"WebPage","@id":"https:\/\/www.wfw.com\/insights\/"},"url":"https:\/\/www.wfw.com\/insights\/","headline":"Insights","datePublished":"2018-11-24T14:16:21+00:00","dateModified":"2024-04-05T15:52:58+01:00","publisher":{"@type":"Organization","@id":"https:\/\/www.wfw.com\/#organization","name":"Watson Farley & Williams","logo":{"@type":"ImageObject","url":"https:\/\/dev2.wfw.temporarywebsiteaddress.com\/wp-content\/uploads\/2019\/07\/logo-wfw.png","width":600,"height":60}},"description":"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas nec mauris ut felis porttitor sagittis. Cras a felis non quam faucibus mattis non ut eros. Cras sit amet finibus nibh, id efficitur purus. Phasellus dictum non tortor eu aliquam. Nunc pulvinar mattis est, nec mollis sapien sodales et. Curabitur","author":{"@type":"Person","name":"tonya.lawrence","url":"https:\/\/www.wfw.com\/author\/tonya-j-lawrence\/","image":{"@type":"ImageObject","url":"https:\/\/secure.gravatar.com\/avatar\/13046114fcffba1b2d9cda61c5435019?s=96&d=mm&r=g","height":96,"width":96}}}</script> <style> .h-captcha{position:relative;display:block;margin-bottom:2rem;padding:0;clear:both}.h-captcha[data-size="normal"]{width:303px;height:78px}.h-captcha[data-size="compact"]{width:164px;height:144px}.h-captcha[data-size="invisible"]{display:none}.h-captcha::before{content:'';display:block;position:absolute;top:0;left:0;background:url(https://www.wfw.com/wp-content/plugins/hcaptcha-for-forms-and-more/assets/images/hcaptcha-div-logo.svg) no-repeat;border:1px solid #fff0;border-radius:4px}.h-captcha[data-size="normal"]::before{width:300px;height:74px;background-position:94% 28%}.h-captcha[data-size="compact"]::before{width:156px;height:136px;background-position:50% 79%}.h-captcha[data-theme="light"]::before,body.is-light-theme .h-captcha[data-theme="auto"]::before,.h-captcha[data-theme="auto"]::before{background-color:#fafafa;border:1px solid #e0e0e0}.h-captcha[data-theme="dark"]::before,body.is-dark-theme .h-captcha[data-theme="auto"]::before,html.wp-dark-mode-active .h-captcha[data-theme="auto"]::before,html.drdt-dark-mode .h-captcha[data-theme="auto"]::before{background-image:url(https://www.wfw.com/wp-content/plugins/hcaptcha-for-forms-and-more/assets/images/hcaptcha-div-logo-white.svg);background-repeat:no-repeat;background-color:#333;border:1px solid #f5f5f5}.h-captcha[data-size="invisible"]::before{display:none}.h-captcha iframe{position:relative}div[style*="z-index: 2147483647"] div[style*="border-width: 11px"][style*="position: absolute"][style*="pointer-events: none"]{border-style:none} </style>  <script type="application/ld+json">{ "@context": "http://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@id": "https://www.wfw.com", "name": "Home" } }, { "@type": "ListItem", "position": 2, "item": { "@id": "https://www.wfw.com/insights/", "name": "Insights" } } ] }</script> <style> span[data-name="hcap-cf7"] .h-captcha{margin-bottom:0}span[data-name="hcap-cf7"]~input[type="submit"],span[data-name="hcap-cf7"]~button[type="submit"]{margin-top:2rem} </style> <style type="text/css" id="wp-custom-css"> .page-id-30074 .careers_jobs_holder .searchandfilter > ul > li:last-child { float: none; } .dataTables_paginate a { color: #115e67 !important; } p.custom-indent { text-indent:60px; } .postid-38147 #people_left h1 { font: bold 2em/110% 'Calibri W06', Arial, sans-serif; } .postid-38147 #people_right h4 { font-family: 'Calibri W06', Arial, sans-serif; font-size: 1.15em; } @media (max-width: 420px) { .postid-38147 #people_left h1 { font-size: 1.3em; } } </style> <script type="text/plain" data-cookieconsent="statistics"> (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src="https://www.clarity.ms/tag/"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, "clarity", "script", "cq3cwbyorb"); </script>  <script type="text/javascript">(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-WPBXG42');</script>  <script type="text/plain" data-cookieconsent="marketing">!function(r){var i=document.createElement("img");i.setAttribute("src","//wfw.vuture.net/security/tracker.gif?referer="+encodeURIComponent(r))}(document.referrer);</script> <link rel="stylesheet" id="asp-basic" href="https://www.wfw.com/wp-content/cache/asp/style.basic-ho-is-po-no-da-co-au-ga-se-is.css?mq=eSI2gD" media="all" /><style id='asp-instance-5'>div[id*='ajaxsearchpro5_'] div.asp_loader,div[id*='ajaxsearchpro5_'] div.asp_loader *{box-sizing:border-box !important;margin:0;padding:0;box-shadow:none}div[id*='ajaxsearchpro5_'] div.asp_loader{box-sizing:border-box;display:flex;flex:0 1 auto;flex-direction:column;flex-grow:0;flex-shrink:0;flex-basis:28px;max-width:100%;max-height:100%;align-items:center;justify-content:center}div[id*='ajaxsearchpro5_'] div.asp_loader-inner{width:100%;margin:0 auto;text-align:center;height:100%}@-webkit-keyframes line-scale{0%{-webkit-transform:scaley(1);transform:scaley(1)}50%{-webkit-transform:scaley(0.4);transform:scaley(0.4)}100%{-webkit-transform:scaley(1);transform:scaley(1)}}@keyframes line-scale{0%{-webkit-transform:scaley(1);transform:scaley(1)}50%{-webkit-transform:scaley(0.4);transform:scaley(0.4)}100%{-webkit-transform:scaley(1);transform:scaley(1)}}div[id*='ajaxsearchpro5_'] div.asp_line-scale>div:nth-child(1){-webkit-animation:line-scale 1s -0.4s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s -0.4s infinite cubic-bezier(.2,.68,.18,1.08)}div[id*='ajaxsearchpro5_'] div.asp_line-scale>div:nth-child(2){-webkit-animation:line-scale 1s -0.3s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s -0.3s infinite cubic-bezier(.2,.68,.18,1.08)}div[id*='ajaxsearchpro5_'] div.asp_line-scale>div:nth-child(3){-webkit-animation:line-scale 1s -0.2s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s -0.2s infinite cubic-bezier(.2,.68,.18,1.08)}div[id*='ajaxsearchpro5_'] div.asp_line-scale>div:nth-child(4){-webkit-animation:line-scale 1s -0.1s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s -0.1s infinite cubic-bezier(.2,.68,.18,1.08)}div[id*='ajaxsearchpro5_'] div.asp_line-scale>div:nth-child(5){-webkit-animation:line-scale 1s 0s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s 0s infinite cubic-bezier(.2,.68,.18,1.08)}div[id*='ajaxsearchpro5_'] div.asp_line-scale>div{background-color:rgb(255,255,255);width:5%;height:60%;margin-top:20%;border-radius:2px;margin-left:12%;-webkit-animation-fill-mode:both;animation-fill-mode:both;display:block;float:left}div[id*='ajaxsearchprores5_'] .asp_res_loader div.asp_loader,div[id*='ajaxsearchprores5_'] .asp_res_loader div.asp_loader *{box-sizing:border-box !important;margin:0;padding:0;box-shadow:none}div[id*='ajaxsearchprores5_'] .asp_res_loader div.asp_loader{box-sizing:border-box;display:flex;flex:0 1 auto;flex-direction:column;flex-grow:0;flex-shrink:0;flex-basis:28px;max-width:100%;max-height:100%;align-items:center;justify-content:center}div[id*='ajaxsearchprores5_'] .asp_res_loader div.asp_loader-inner{width:100%;margin:0 auto;text-align:center;height:100%}@-webkit-keyframes line-scale{0%{-webkit-transform:scaley(1);transform:scaley(1)}50%{-webkit-transform:scaley(0.4);transform:scaley(0.4)}100%{-webkit-transform:scaley(1);transform:scaley(1)}}@keyframes line-scale{0%{-webkit-transform:scaley(1);transform:scaley(1)}50%{-webkit-transform:scaley(0.4);transform:scaley(0.4)}100%{-webkit-transform:scaley(1);transform:scaley(1)}}div[id*='ajaxsearchprores5_'] .asp_res_loader div.asp_line-scale>div:nth-child(1){-webkit-animation:line-scale 1s -0.4s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s -0.4s infinite cubic-bezier(.2,.68,.18,1.08)}div[id*='ajaxsearchprores5_'] .asp_res_loader div.asp_line-scale>div:nth-child(2){-webkit-animation:line-scale 1s -0.3s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s -0.3s infinite cubic-bezier(.2,.68,.18,1.08)}div[id*='ajaxsearchprores5_'] .asp_res_loader div.asp_line-scale>div:nth-child(3){-webkit-animation:line-scale 1s -0.2s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s -0.2s infinite cubic-bezier(.2,.68,.18,1.08)}div[id*='ajaxsearchprores5_'] .asp_res_loader div.asp_line-scale>div:nth-child(4){-webkit-animation:line-scale 1s -0.1s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s -0.1s infinite cubic-bezier(.2,.68,.18,1.08)}div[id*='ajaxsearchprores5_'] .asp_res_loader div.asp_line-scale>div:nth-child(5){-webkit-animation:line-scale 1s 0s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s 0s infinite cubic-bezier(.2,.68,.18,1.08)}div[id*='ajaxsearchprores5_'] .asp_res_loader div.asp_line-scale>div{background-color:rgb(255,255,255);width:5%;height:60%;margin-top:20%;border-radius:2px;margin-left:12%;-webkit-animation-fill-mode:both;animation-fill-mode:both;display:block;float:left}#ajaxsearchpro5_1 div.asp_loader,#ajaxsearchpro5_2 div.asp_loader,#ajaxsearchpro5_1 div.asp_loader *,#ajaxsearchpro5_2 div.asp_loader *{box-sizing:border-box !important;margin:0;padding:0;box-shadow:none}#ajaxsearchpro5_1 div.asp_loader,#ajaxsearchpro5_2 div.asp_loader{box-sizing:border-box;display:flex;flex:0 1 auto;flex-direction:column;flex-grow:0;flex-shrink:0;flex-basis:28px;max-width:100%;max-height:100%;align-items:center;justify-content:center}#ajaxsearchpro5_1 div.asp_loader-inner,#ajaxsearchpro5_2 div.asp_loader-inner{width:100%;margin:0 auto;text-align:center;height:100%}@-webkit-keyframes line-scale{0%{-webkit-transform:scaley(1);transform:scaley(1)}50%{-webkit-transform:scaley(0.4);transform:scaley(0.4)}100%{-webkit-transform:scaley(1);transform:scaley(1)}}@keyframes line-scale{0%{-webkit-transform:scaley(1);transform:scaley(1)}50%{-webkit-transform:scaley(0.4);transform:scaley(0.4)}100%{-webkit-transform:scaley(1);transform:scaley(1)}}#ajaxsearchpro5_1 div.asp_line-scale>div:nth-child(1),#ajaxsearchpro5_2 div.asp_line-scale>div:nth-child(1){-webkit-animation:line-scale 1s -0.4s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s -0.4s infinite cubic-bezier(.2,.68,.18,1.08)}#ajaxsearchpro5_1 div.asp_line-scale>div:nth-child(2),#ajaxsearchpro5_2 div.asp_line-scale>div:nth-child(2){-webkit-animation:line-scale 1s -0.3s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s -0.3s infinite cubic-bezier(.2,.68,.18,1.08)}#ajaxsearchpro5_1 div.asp_line-scale>div:nth-child(3),#ajaxsearchpro5_2 div.asp_line-scale>div:nth-child(3){-webkit-animation:line-scale 1s -0.2s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s -0.2s infinite cubic-bezier(.2,.68,.18,1.08)}#ajaxsearchpro5_1 div.asp_line-scale>div:nth-child(4),#ajaxsearchpro5_2 div.asp_line-scale>div:nth-child(4){-webkit-animation:line-scale 1s -0.1s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s -0.1s infinite cubic-bezier(.2,.68,.18,1.08)}#ajaxsearchpro5_1 div.asp_line-scale>div:nth-child(5),#ajaxsearchpro5_2 div.asp_line-scale>div:nth-child(5){-webkit-animation:line-scale 1s 0s infinite cubic-bezier(.2,.68,.18,1.08);animation:line-scale 1s 0s infinite cubic-bezier(.2,.68,.18,1.08)}#ajaxsearchpro5_1 div.asp_line-scale>div,#ajaxsearchpro5_2 div.asp_line-scale>div{background-color:rgb(255,255,255);width:5%;height:60%;margin-top:20%;border-radius:2px;margin-left:12%;-webkit-animation-fill-mode:both;animation-fill-mode:both;display:block;float:left}@-webkit-keyframes asp_an_fadeInDown{0%{opacity:0;-webkit-transform:translateY(-20px)}100%{opacity:1;-webkit-transform:translateY(0)}}@keyframes asp_an_fadeInDown{0%{opacity:0;transform:translateY(-20px)}100%{opacity:1;transform:translateY(0)}}.asp_an_fadeInDown{-webkit-animation-name:asp_an_fadeInDown;animation-name:asp_an_fadeInDown}div.asp_r.asp_r_5,div.asp_r.asp_r_5 *,div.asp_m.asp_m_5,div.asp_m.asp_m_5 *,div.asp_s.asp_s_5,div.asp_s.asp_s_5 *{-webkit-box-sizing:content-box;-moz-box-sizing:content-box;-ms-box-sizing:content-box;-o-box-sizing:content-box;box-sizing:content-box;border:0;border-radius:0;text-transform:none;text-shadow:none;box-shadow:none;text-decoration:none;text-align:left;letter-spacing:normal}div.asp_r.asp_r_5,div.asp_m.asp_m_5,div.asp_s.asp_s_5{-webkit-box-sizing:border-box;-moz-box-sizing:border-box;-ms-box-sizing:border-box;-o-box-sizing:border-box;box-sizing:border-box}div.asp_r.asp_r_5,div.asp_r.asp_r_5 *,div.asp_m.asp_m_5,div.asp_m.asp_m_5 *,div.asp_s.asp_s_5,div.asp_s.asp_s_5 *{padding:0;margin:0}.wpdreams_clear{clear:both}.asp_w_container_5{width:100%}#ajaxsearchpro5_1,#ajaxsearchpro5_2,div.asp_m.asp_m_5{width:100%;height:auto;max-height:none;border-radius:5px;background:#d1eaff;margin-top:0;margin-bottom:0;background:transparent;overflow:hidden;border:0 none rgb(141,213,239);border-radius:0;box-shadow:none}#ajaxsearchpro5_1 .probox,#ajaxsearchpro5_2 .probox,div.asp_m.asp_m_5 .probox{margin:0;height:59px;background:transparent;border:0 solid rgb(104,174,199);border-radius:0;box-shadow:none}p[id*=asp-try-5]{color:rgb(85,85,85) !important;display:block}div.asp_main_container+[id*=asp-try-5]{width:100%}p[id*=asp-try-5] a{color:rgb(255,181,86) !important}p[id*=asp-try-5] a:after{color:rgb(85,85,85) !important;display:inline;content:','}p[id*=asp-try-5] a:last-child:after{display:none}#ajaxsearchpro5_1 .probox .proinput,#ajaxsearchpro5_2 .probox .proinput,div.asp_m.asp_m_5 .probox .proinput{font-weight:normal;font-family:"Futura W01";color:rgb(255,255,255);font-size:50px;line-height:50px;text-shadow:none;line-height:normal;flex-grow:1;order:5;margin:0 0 0 10px;padding:0 5px}#ajaxsearchpro5_1 .probox .proinput input.orig,#ajaxsearchpro5_2 .probox .proinput input.orig,div.asp_m.asp_m_5 .probox .proinput input.orig{font-weight:normal;font-family:"Futura W01";color:rgb(255,255,255);font-size:50px;line-height:50px;text-shadow:none;line-height:normal;border:0;box-shadow:none;height:59px;position:relative;z-index:2;padding:0 !important;padding-top:2px !important;margin:-1px 0 0 -4px !important;width:100%;background:transparent !important}#ajaxsearchpro5_1 .probox .proinput input.autocomplete,#ajaxsearchpro5_2 .probox .proinput input.autocomplete,div.asp_m.asp_m_5 .probox .proinput input.autocomplete{font-weight:normal;font-family:"Futura W01";color:rgb(255,255,255);font-size:50px;line-height:50px;text-shadow:none;line-height:normal;opacity:0.25;height:59px;display:block;position:relative;z-index:1;padding:0 !important;margin:-1px 0 0 -4px !important;margin-top:-59px !important;width:100%;background:transparent !important}.rtl #ajaxsearchpro5_1 .probox .proinput input.orig,.rtl #ajaxsearchpro5_2 .probox .proinput input.orig,.rtl #ajaxsearchpro5_1 .probox .proinput input.autocomplete,.rtl #ajaxsearchpro5_2 .probox .proinput input.autocomplete,.rtl div.asp_m.asp_m_5 .probox .proinput input.orig,.rtl div.asp_m.asp_m_5 .probox .proinput input.autocomplete{font-weight:normal;font-family:"Futura W01";color:rgb(255,255,255);font-size:50px;line-height:50px;text-shadow:none;line-height:normal;direction:rtl;text-align:right}.rtl #ajaxsearchpro5_1 .probox .proinput,.rtl #ajaxsearchpro5_2 .probox .proinput,.rtl div.asp_m.asp_m_5 .probox .proinput{margin-right:2px}.rtl #ajaxsearchpro5_1 .probox .proloading,.rtl #ajaxsearchpro5_1 .probox .proclose,.rtl #ajaxsearchpro5_2 .probox .proloading,.rtl #ajaxsearchpro5_2 .probox .proclose,.rtl div.asp_m.asp_m_5 .probox .proloading,.rtl div.asp_m.asp_m_5 .probox .proclose{order:3}div.asp_m.asp_m_5 .probox .proinput input.orig::-webkit-input-placeholder{font-weight:normal;font-family:"Futura W01";color:rgb(255,255,255);font-size:50px;text-shadow:none;opacity:0.85}div.asp_m.asp_m_5 .probox .proinput input.orig::-moz-placeholder{font-weight:normal;font-family:"Futura W01";color:rgb(255,255,255);font-size:50px;text-shadow:none;opacity:0.85}div.asp_m.asp_m_5 .probox .proinput input.orig:-ms-input-placeholder{font-weight:normal;font-family:"Futura W01";color:rgb(255,255,255);font-size:50px;text-shadow:none;opacity:0.85}div.asp_m.asp_m_5 .probox .proinput input.orig:-moz-placeholder{font-weight:normal;font-family:"Futura W01";color:rgb(255,255,255);font-size:50px;text-shadow:none;opacity:0.85;line-height:normal !important}#ajaxsearchpro5_1 .probox .proinput input.autocomplete,#ajaxsearchpro5_2 .probox .proinput input.autocomplete,div.asp_m.asp_m_5 .probox .proinput input.autocomplete{font-weight:normal;font-family:"Futura W01";color:rgb(255,255,255);font-size:50px;line-height:50px;text-shadow:none;line-height:normal;border:0;box-shadow:none}#ajaxsearchpro5_1 .probox .proloading,#ajaxsearchpro5_1 .probox .proclose,#ajaxsearchpro5_1 .probox .promagnifier,#ajaxsearchpro5_1 .probox .prosettings,#ajaxsearchpro5_2 .probox .proloading,#ajaxsearchpro5_2 .probox .proclose,#ajaxsearchpro5_2 .probox .promagnifier,#ajaxsearchpro5_2 .probox .prosettings,div.asp_m.asp_m_5 .probox .proloading,div.asp_m.asp_m_5 .probox .proclose,div.asp_m.asp_m_5 .probox .promagnifier,div.asp_m.asp_m_5 .probox .prosettings{width:59px;height:59px;flex:0 0 59px;flex-grow:0;order:7;text-align:center}#ajaxsearchpro5_1 .probox .proclose svg,#ajaxsearchpro5_2 .probox .proclose svg,div.asp_m.asp_m_5 .probox .proclose svg{fill:rgb(254,254,254);background:rgb(51,51,51);box-shadow:0 0 0 2px rgba(255,255,255,0.9);border-radius:50%;box-sizing:border-box;margin-left:-10px;margin-top:-10px;padding:4px}#ajaxsearchpro5_1 .probox .proloading,#ajaxsearchpro5_2 .probox .proloading,div.asp_m.asp_m_5 .probox .proloading{width:59px;height:59px;min-width:59px;min-height:59px;max-width:59px;max-height:59px}#ajaxsearchpro5_1 .probox .proloading .asp_loader,#ajaxsearchpro5_2 .probox .proloading .asp_loader,div.asp_m.asp_m_5 .probox .proloading .asp_loader{width:55px;height:55px;min-width:55px;min-height:55px;max-width:55px;max-height:55px}#ajaxsearchpro5_1 .probox .promagnifier,#ajaxsearchpro5_2 .probox .promagnifier,div.asp_m.asp_m_5 .probox .promagnifier{width:auto;height:59px;flex:0 0 auto;order:7;-webkit-flex:0 0 auto;-webkit-order:7}div.asp_m.asp_m_5 .probox .promagnifier:focus-visible{outline:black outset}#ajaxsearchpro5_1 .probox .proloading .innericon,#ajaxsearchpro5_2 .probox .proloading .innericon,#ajaxsearchpro5_1 .probox .proclose .innericon,#ajaxsearchpro5_2 .probox .proclose .innericon,#ajaxsearchpro5_1 .probox .promagnifier .innericon,#ajaxsearchpro5_2 .probox .promagnifier .innericon,#ajaxsearchpro5_1 .probox .prosettings .innericon,#ajaxsearchpro5_2 .probox .prosettings .innericon,div.asp_m.asp_m_5 .probox .proloading .innericon,div.asp_m.asp_m_5 .probox .proclose .innericon,div.asp_m.asp_m_5 .probox .promagnifier .innericon,div.asp_m.asp_m_5 .probox .prosettings .innericon{text-align:center}#ajaxsearchpro5_1 .probox .promagnifier .innericon,#ajaxsearchpro5_2 .probox .promagnifier .innericon,div.asp_m.asp_m_5 .probox .promagnifier .innericon{display:block;width:59px;height:59px;float:right}#ajaxsearchpro5_1 .probox .promagnifier .asp_text_button,#ajaxsearchpro5_2 .probox .promagnifier .asp_text_button,div.asp_m.asp_m_5 .probox .promagnifier .asp_text_button{display:block;width:auto;height:59px;float:right;margin:0;padding:0 10px 0 2px;font-weight:normal;font-family:"Open Sans";color:rgba(51,51,51,1);font-size:15px;line-height:normal;text-shadow:none;line-height:59px}#ajaxsearchpro5_1 .probox .promagnifier .innericon svg,#ajaxsearchpro5_2 .probox .promagnifier .innericon svg,div.asp_m.asp_m_5 .probox .promagnifier .innericon svg{fill:rgb(255,255,255)}#ajaxsearchpro5_1 .probox .prosettings .innericon svg,#ajaxsearchpro5_2 .probox .prosettings .innericon svg,div.asp_m.asp_m_5 .probox .prosettings .innericon svg{fill:rgb(255,255,255)}#ajaxsearchpro5_1 .probox .promagnifier,#ajaxsearchpro5_2 .probox .promagnifier,div.asp_m.asp_m_5 .probox .promagnifier{width:59px;height:59px;background:transparent;background-position:center center;background-repeat:no-repeat;order:11;-webkit-order:11;float:right;border:0 solid rgb(0,0,0);border-radius:0;box-shadow:0 0 0 0 rgba(255,255,255,0.61);cursor:pointer;background-size:100% 100%;background-position:center center;background-repeat:no-repeat;cursor:pointer}#ajaxsearchpro5_1 .probox .prosettings,#ajaxsearchpro5_2 .probox .prosettings,div.asp_m.asp_m_5 .probox .prosettings{width:59px;height:59px;background-image:-webkit-linear-gradient(185deg,rgb(182,182,182),rgb(182,182,182));background-image:-moz-linear-gradient(185deg,rgb(182,182,182),rgb(182,182,182));background-image:-o-linear-gradient(185deg,rgb(182,182,182),rgb(182,182,182));background-image:-ms-linear-gradient(185deg,rgb(182,182,182) 0,rgb(182,182,182) 100%);background-image:linear-gradient(185deg,rgb(182,182,182),rgb(182,182,182));background-position:center center;background-repeat:no-repeat;order:10;-webkit-order:10;float:right;border:0 solid rgb(104,174,199);border-radius:0;box-shadow:0 0 0 0 rgba(255,255,255,0.63);cursor:pointer;background-size:100% 100%;align-self:flex-end}#ajaxsearchprores5_1,#ajaxsearchprores5_2,div.asp_r.asp_r_5{position:absolute;z-index:11000;width:auto;margin:12px 0 0 0}#ajaxsearchprores5_1 .asp_nores,#ajaxsearchprores5_2 .asp_nores,div.asp_r.asp_r_5 .asp_nores{border:0 solid rgb(0,0,0);border-radius:0;box-shadow:0 5px 5px -5px #dfdfdf;padding:6px 12px 6px 12px;margin:0;font-weight:normal;font-family:inherit;color:rgba(74,74,74,1);font-size:1rem;line-height:1.2rem;text-shadow:none;font-weight:normal;background:rgb(255,255,255)}#ajaxsearchprores5_1 .asp_nores .asp_nores_kw_suggestions,#ajaxsearchprores5_2 .asp_nores .asp_nores_kw_suggestions,div.asp_r.asp_r_5 .asp_nores .asp_nores_kw_suggestions{color:rgba(234,67,53,1);font-weight:normal}#ajaxsearchprores5_1 .asp_nores .asp_keyword,#ajaxsearchprores5_2 .asp_nores .asp_keyword,div.asp_r.asp_r_5 .asp_nores .asp_keyword{padding:0 8px 0 0;cursor:pointer;color:rgba(20,84,169,1);font-weight:bold}#ajaxsearchprores5_1 .asp_results_top,#ajaxsearchprores5_2 .asp_results_top,div.asp_r.asp_r_5 .asp_results_top{background:rgb(255,255,255);border:1px none rgb(81,81,81);border-radius:0;padding:6px 12px 6px 12px;margin:0 0 4px 0;text-align:center;font-weight:normal;font-family:"Open Sans";color:rgb(74,74,74);font-size:13px;line-height:16px;text-shadow:none}#ajaxsearchprores5_1 .results .item,#ajaxsearchprores5_2 .results .item,div.asp_r.asp_r_5 .results .item{height:auto;background:rgb(255,255,255)}#ajaxsearchprores5_1 .results .item.hovered,#ajaxsearchprores5_2 .results .item.hovered,div.asp_r.asp_r_5 .results .item.hovered{background-image:-moz-radial-gradient(center,ellipse cover,rgb(255,255,255),rgb(255,255,255));background-image:-webkit-gradient(radial,center center,0px,center center,100%,rgb(255,255,255),rgb(255,255,255));background-image:-webkit-radial-gradient(center,ellipse cover,rgb(255,255,255),rgb(255,255,255));background-image:-o-radial-gradient(center,ellipse cover,rgb(255,255,255),rgb(255,255,255));background-image:-ms-radial-gradient(center,ellipse cover,rgb(255,255,255),rgb(255,255,255));background-image:radial-gradient(ellipse at center,rgb(255,255,255),rgb(255,255,255))}#ajaxsearchprores5_1 .results .item .asp_image,#ajaxsearchprores5_2 .results .item .asp_image,div.asp_r.asp_r_5 .results .item .asp_image{background-size:cover;background-repeat:no-repeat}#ajaxsearchprores5_1 .results .item .asp_image img,#ajaxsearchprores5_2 .results .item .asp_image img,div.asp_r.asp_r_5 .results .item .asp_image img{object-fit:cover}#ajaxsearchprores5_1 .results .item .asp_item_overlay_img,#ajaxsearchprores5_2 .results .item .asp_item_overlay_img,div.asp_r.asp_r_5 .results .item .asp_item_overlay_img{background-size:cover;background-repeat:no-repeat}#ajaxsearchprores5_1 .results .item .asp_content,#ajaxsearchprores5_2 .results .item .asp_content,div.asp_r.asp_r_5 .results .item .asp_content{overflow:hidden;background:transparent;margin:0;padding:0 10px}#ajaxsearchprores5_1 .results .item .asp_content h3,#ajaxsearchprores5_2 .results .item .asp_content h3,div.asp_r.asp_r_5 .results .item .asp_content h3{margin:0;padding:0;display:inline-block;line-height:inherit;font-weight:bold;font-family:"Lato";color:rgb(5,94,148);font-size:15px;line-height:20px;text-shadow:none}#ajaxsearchprores5_1 .results .item .asp_content h3 a,#ajaxsearchprores5_2 .results .item .asp_content h3 a,div.asp_r.asp_r_5 .results .item .asp_content h3 a{margin:0;padding:0;line-height:inherit;display:block;font-weight:bold;font-family:"Lato";color:rgb(5,94,148);font-size:15px;line-height:20px;text-shadow:none}#ajaxsearchprores5_1 .results .item .asp_content h3 a:hover,#ajaxsearchprores5_2 .results .item .asp_content h3 a:hover,div.asp_r.asp_r_5 .results .item .asp_content h3 a:hover{font-weight:bold;font-family:"Lato";color:rgb(5,94,148);font-size:15px;line-height:20px;text-shadow:none}#ajaxsearchprores5_1 .results .item div.etc,#ajaxsearchprores5_2 .results .item div.etc,div.asp_r.asp_r_5 .results .item div.etc{padding:0;font-size:13px;line-height:1.3em;margin-bottom:6px}#ajaxsearchprores5_1 .results .item .etc .asp_author,#ajaxsearchprores5_2 .results .item .etc .asp_author,div.asp_r.asp_r_5 .results .item .etc .asp_author{padding:0;font-weight:bold;font-family:"Open Sans";color:rgb(161,161,161);font-size:11px;line-height:13px;text-shadow:none}#ajaxsearchprores5_1 .results .item .etc .asp_date,#ajaxsearchprores5_2 .results .item .etc .asp_date,div.asp_r.asp_r_5 .results .item .etc .asp_date{margin:0 0 0 10px;padding:0;font-weight:normal;font-family:"Open Sans";color:rgb(173,173,173);font-size:11px;line-height:15px;text-shadow:none}#ajaxsearchprores5_1 .results .item div.asp_content,#ajaxsearchprores5_2 .results .item div.asp_content,div.asp_r.asp_r_5 .results .item div.asp_content{margin:0;padding:0;font-weight:normal;font-family:"Open Sans";color:rgb(74,74,74);font-size:13px;line-height:1.35em;text-shadow:none}#ajaxsearchprores5_1 span.highlighted,#ajaxsearchprores5_2 span.highlighted,div.asp_r.asp_r_5 span.highlighted{font-weight:bold;color:rgba(217,49,43,1);background-color:rgba(238,238,238,1)}#ajaxsearchprores5_1 p.showmore,#ajaxsearchprores5_2 p.showmore,div.asp_r.asp_r_5 p.showmore{text-align:center;font-weight:normal;font-family:"Open Sans";color:rgb(5,94,148);font-size:12px;line-height:15px;text-shadow:none}#ajaxsearchprores5_1 p.showmore a,#ajaxsearchprores5_2 p.showmore a,div.asp_r.asp_r_5 p.showmore a{font-weight:normal;font-family:"Open Sans";color:rgb(5,94,148);font-size:12px;line-height:15px;text-shadow:none;padding:10px 5px;margin:0 auto;background:rgba(255,255,255,1);display:block;text-align:center}#ajaxsearchprores5_1 .asp_res_loader,#ajaxsearchprores5_2 .asp_res_loader,div.asp_r.asp_r_5 .asp_res_loader{background:rgb(255,255,255);height:200px;padding:10px}#ajaxsearchprores5_1.isotopic .asp_res_loader,#ajaxsearchprores5_2.isotopic .asp_res_loader,div.asp_r.asp_r_5.isotopic .asp_res_loader{background:rgba(255,255,255,0)}#ajaxsearchprores5_1 .asp_res_loader .asp_loader,#ajaxsearchprores5_2 .asp_res_loader .asp_loader,div.asp_r.asp_r_5 .asp_res_loader .asp_loader{height:200px;width:200px;margin:0 auto}div.asp_s.asp_s_5.searchsettings,div.asp_s.asp_s_5.searchsettings,div.asp_s.asp_s_5.searchsettings{direction:ltr;padding:0;background-image:-webkit-linear-gradient(185deg,rgb(182,182,182),rgb(182,182,182));background-image:-moz-linear-gradient(185deg,rgb(182,182,182),rgb(182,182,182));background-image:-o-linear-gradient(185deg,rgb(182,182,182),rgb(182,182,182));background-image:-ms-linear-gradient(185deg,rgb(182,182,182) 0,rgb(182,182,182) 100%);background-image:linear-gradient(185deg,rgb(182,182,182),rgb(182,182,182));box-shadow:none;;max-width:208px;z-index:2}div.asp_s.asp_s_5.searchsettings.asp_s,div.asp_s.asp_s_5.searchsettings.asp_s,div.asp_s.asp_s_5.searchsettings.asp_s{z-index:11001}#ajaxsearchprobsettings5_1.searchsettings,#ajaxsearchprobsettings5_2.searchsettings,div.asp_sb.asp_sb_5.searchsettings{max-width:none}div.asp_s.asp_s_5.searchsettings form,div.asp_s.asp_s_5.searchsettings form,div.asp_s.asp_s_5.searchsettings form{display:flex}div.asp_sb.asp_sb_5.searchsettings form,div.asp_sb.asp_sb_5.searchsettings form,div.asp_sb.asp_sb_5.searchsettings form{display:flex}#ajaxsearchprosettings5_1.searchsettings div.asp_option_label,#ajaxsearchprosettings5_2.searchsettings div.asp_option_label,#ajaxsearchprosettings5_1.searchsettings .asp_label,#ajaxsearchprosettings5_2.searchsettings .asp_label,div.asp_s.asp_s_5.searchsettings div.asp_option_label,div.asp_s.asp_s_5.searchsettings .asp_label{font-weight:bold;font-family:"Open Sans";color:rgb(255,255,255);font-size:12px;line-height:15px;text-shadow:none}#ajaxsearchprosettings5_1.searchsettings .asp_option_inner .asp_option_checkbox,#ajaxsearchprosettings5_2.searchsettings .asp_option_inner .asp_option_checkbox,div.asp_sb.asp_sb_5.searchsettings .asp_option_inner .asp_option_checkbox,div.asp_s.asp_s_5.searchsettings .asp_option_inner .asp_option_checkbox{background-image:-webkit-linear-gradient(180deg,rgb(34,34,34),rgb(69,72,77));background-image:-moz-linear-gradient(180deg,rgb(34,34,34),rgb(69,72,77));background-image:-o-linear-gradient(180deg,rgb(34,34,34),rgb(69,72,77));background-image:-ms-linear-gradient(180deg,rgb(34,34,34) 0,rgb(69,72,77) 100%);background-image:linear-gradient(180deg,rgb(34,34,34),rgb(69,72,77))}#ajaxsearchprosettings5_1.searchsettings .asp_option_inner .asp_option_checkbox:after,#ajaxsearchprosettings5_2.searchsettings .asp_option_inner .asp_option_checkbox:after,#ajaxsearchprobsettings5_1.searchsettings .asp_option_inner .asp_option_checkbox:after,#ajaxsearchprobsettings5_2.searchsettings .asp_option_inner .asp_option_checkbox:after,div.asp_sb.asp_sb_5.searchsettings .asp_option_inner .asp_option_checkbox:after,div.asp_s.asp_s_5.searchsettings .asp_option_inner .asp_option_checkbox:after{font-family:'asppsicons2';border:none;content:"\e800";display:block;position:absolute;top:0;left:0;font-size:11px;color:rgb(255,255,255);margin:1px 0 0 0 !important;line-height:17px;text-align:center;text-decoration:none;text-shadow:none}div.asp_sb.asp_sb_5.searchsettings .asp_sett_scroll,div.asp_s.asp_s_5.searchsettings .asp_sett_scroll{scrollbar-width:thin;scrollbar-color:rgba(0,0,0,0.5) transparent}div.asp_sb.asp_sb_5.searchsettings .asp_sett_scroll::-webkit-scrollbar,div.asp_s.asp_s_5.searchsettings .asp_sett_scroll::-webkit-scrollbar{width:7px}div.asp_sb.asp_sb_5.searchsettings .asp_sett_scroll::-webkit-scrollbar-track,div.asp_s.asp_s_5.searchsettings .asp_sett_scroll::-webkit-scrollbar-track{background:transparent}div.asp_sb.asp_sb_5.searchsettings .asp_sett_scroll::-webkit-scrollbar-thumb,div.asp_s.asp_s_5.searchsettings .asp_sett_scroll::-webkit-scrollbar-thumb{background:rgba(0,0,0,0.5);border-radius:5px;border:none}#ajaxsearchprosettings5_1.searchsettings .asp_sett_scroll,#ajaxsearchprosettings5_2.searchsettings .asp_sett_scroll,div.asp_s.asp_s_5.searchsettings .asp_sett_scroll{max-height:220px;overflow:auto}#ajaxsearchprobsettings5_1.searchsettings .asp_sett_scroll,#ajaxsearchprobsettings5_2.searchsettings .asp_sett_scroll,div.asp_sb.asp_sb_5.searchsettings .asp_sett_scroll{max-height:220px;overflow:auto}#ajaxsearchprosettings5_1.searchsettings fieldset,#ajaxsearchprosettings5_2.searchsettings fieldset,div.asp_s.asp_s_5.searchsettings fieldset{width:200px;min-width:200px;max-width:10000px}#ajaxsearchprobsettings5_1.searchsettings fieldset,#ajaxsearchprobsettings5_2.searchsettings fieldset,div.asp_sb.asp_sb_5.searchsettings fieldset{width:200px;min-width:200px;max-width:10000px}#ajaxsearchprosettings5_1.searchsettings fieldset legend,#ajaxsearchprosettings5_2.searchsettings fieldset legend,div.asp_s.asp_s_5.searchsettings fieldset legend{padding:0 0 0 10px;margin:0;background:transparent;font-weight:normal;font-family:"Open Sans";color:rgb(31,31,31);font-size:13px;line-height:15px;text-shadow:none}#ajaxsearchprores5_1.vertical,#ajaxsearchprores5_2.vertical,div.asp_r.asp_r_5.vertical{padding:4px;background:rgba(24,46,68,1);border-radius:3px;border:0 none rgb(0,0,0);border-radius:0;box-shadow:none;visibility:hidden;display:none}#ajaxsearchprores5_1.vertical .results,#ajaxsearchprores5_2.vertical .results,div.asp_r.asp_r_5.vertical .results{max-height:none;overflow-x:hidden;overflow-y:auto}#ajaxsearchprores5_1.vertical .item,#ajaxsearchprores5_2.vertical .item,div.asp_r.asp_r_5.vertical .item{position:relative;box-sizing:border-box}#ajaxsearchprores5_1.vertical .item .asp_content h3,#ajaxsearchprores5_2.vertical .item .asp_content h3,div.asp_r.asp_r_5.vertical .item .asp_content h3{display:inline}#ajaxsearchprores5_1.vertical .results .item .asp_content,#ajaxsearchprores5_2.vertical .results .item .asp_content,div.asp_r.asp_r_5.vertical .results .item .asp_content{overflow:hidden;width:auto;height:auto;background:transparent;margin:0;padding:8px}#ajaxsearchprores5_1.vertical .results .item .asp_image,#ajaxsearchprores5_2.vertical .results .item .asp_image,div.asp_r.asp_r_5.vertical .results .item .asp_image{width:70px;height:70px;margin:2px 8px 0 0}#ajaxsearchprores5_1.vertical .asp_simplebar-scrollbar::before,#ajaxsearchprores5_2.vertical .asp_simplebar-scrollbar::before,div.asp_r.asp_r_5.vertical .asp_simplebar-scrollbar::before{background:transparent;background-image:-moz-radial-gradient(center,ellipse cover,rgba(0,0,0,0.5),rgba(0,0,0,0.5));background-image:-webkit-gradient(radial,center center,0px,center center,100%,rgba(0,0,0,0.5),rgba(0,0,0,0.5));background-image:-webkit-radial-gradient(center,ellipse cover,rgba(0,0,0,0.5),rgba(0,0,0,0.5));background-image:-o-radial-gradient(center,ellipse cover,rgba(0,0,0,0.5),rgba(0,0,0,0.5));background-image:-ms-radial-gradient(center,ellipse cover,rgba(0,0,0,0.5),rgba(0,0,0,0.5));background-image:radial-gradient(ellipse at center,rgba(0,0,0,0.5),rgba(0,0,0,0.5))}#ajaxsearchprores5_1.vertical .results .item::after,#ajaxsearchprores5_2.vertical .results .item::after,div.asp_r.asp_r_5.vertical .results .item::after{display:block;position:absolute;bottom:0;content:"";height:1px;width:100%;background:rgba(255,255,255,0.55)}#ajaxsearchprores5_1.vertical .results .item.asp_last_item::after,#ajaxsearchprores5_2.vertical .results .item.asp_last_item::after,div.asp_r.asp_r_5.vertical .results .item.asp_last_item::after{display:none}.asp_spacer{display:none !important;}.asp_v_spacer{width:100%;height:0}#ajaxsearchprores5_1 .asp_group_header,#ajaxsearchprores5_2 .asp_group_header,div.asp_r.asp_r_5 .asp_group_header{background:#DDD;background:rgb(246,246,246);border-radius:3px 3px 0 0;border-top:1px solid rgb(248,248,248);border-left:1px solid rgb(248,248,248);border-right:1px solid rgb(248,248,248);margin:0 0 -3px;padding:7px 0 7px 10px;position:relative;z-index:1000;min-width:90%;flex-grow:1;font-weight:bold;font-family:"Open Sans";color:rgb(5,94,148);font-size:11px;line-height:13px;text-shadow:none}#ajaxsearchprores5_1.vertical .results,#ajaxsearchprores5_2.vertical .results,div.asp_r.asp_r_5.vertical .results{scrollbar-width:thin;scrollbar-color:rgba(0,0,0,0.5) rgb(255,255,255)}#ajaxsearchprores5_1.vertical .results::-webkit-scrollbar,#ajaxsearchprores5_2.vertical .results::-webkit-scrollbar,div.asp_r.asp_r_5.vertical .results::-webkit-scrollbar{width:10px}#ajaxsearchprores5_1.vertical .results::-webkit-scrollbar-track,#ajaxsearchprores5_2.vertical .results::-webkit-scrollbar-track,div.asp_r.asp_r_5.vertical .results::-webkit-scrollbar-track{background:rgb(255,255,255);box-shadow:inset 0 0 12px 12px transparent;border:none}#ajaxsearchprores5_1.vertical .results::-webkit-scrollbar-thumb,#ajaxsearchprores5_2.vertical .results::-webkit-scrollbar-thumb,div.asp_r.asp_r_5.vertical .results::-webkit-scrollbar-thumb{background:transparent;box-shadow:inset 0 0 12px 12px rgba(0,0,0,0);border:solid 2px transparent;border-radius:12px}#ajaxsearchprores5_1.vertical:hover .results::-webkit-scrollbar-thumb,#ajaxsearchprores5_2.vertical:hover .results::-webkit-scrollbar-thumb,div.asp_r.asp_r_5.vertical:hover .results::-webkit-scrollbar-thumb{box-shadow:inset 0 0 12px 12px rgba(0,0,0,0.5)}@media(hover:none),(max-width:500px){#ajaxsearchprores5_1.vertical .results::-webkit-scrollbar-thumb,#ajaxsearchprores5_2.vertical .results::-webkit-scrollbar-thumb,div.asp_r.asp_r_5.vertical .results::-webkit-scrollbar-thumb{box-shadow:inset 0 0 12px 12px rgba(0,0,0,0.5)}}</style></head> <body data-rsssl=1 class="page-template-default page page-id-172 insights">  <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-WPBXG42" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript>  <div id="mc-overall-wrapper"> <header id="header_main" role="banner"> <a href="#" id="menu-expertise" class="menu-icon">Expertise</a> <a href="#" id="menu-main" class="menu-icon">Menu</a> <a href="https://www.wfw.com/" id="logo_wfw">Watson Farley & Williams</a> <form name="search_form" role="search" method="get" class="search_form" action="/search/" autocomplete="off"> <input type="text" class="search_form_text" name="_sf_s" placeholder="Search" id="input_keyword"> <input type="submit" value="Search" class="search_form_submit"> </form> </header> <div id="menu_hide_content"> <section role="main" class="clearfix"> <div class="search-filter-results" id="search-filter-results-666"> <div id="insights_h1"><h1>Insights</h1></div> <div id="people_archive_filter" class="insights_archive_filter clearfix"> <div id="insights_archive_filter_capper" class="clearfix"> <div id="insights_archive_keyword"> <div id="insights_archive_keyword_holder"> <div class="asp_w_container asp_w_container_5 asp_w_container_5_1" data-id="5" data-instance="1"><div class='asp_w asp_m asp_m_5 asp_m_5_1 wpdreams_asp_sc wpdreams_asp_sc-5 ajaxsearchpro asp_main_container asp_non_compact' data-id="5" data-name="Insights search - insights archive" data-instance="1" id='ajaxsearchpro5_1'><div class="probox"><div class='prosettings' style='display:none;' data-opened=0><div class='innericon'><svg xmlns="http://www.w3.org/2000/svg" width="22" height="22" viewBox="0 0 512 512"><path d="M170 294c0 33.138-26.862 60-60 60-33.137 0-60-26.862-60-60 0-33.137 26.863-60 60-60 33.138 0 60 26.863 60 60zm-60 90c-6.872 0-13.565-.777-20-2.243V422c0 11.046 8.954 20 20 20s20-8.954 20-20v-40.243c-6.435 1.466-13.128 2.243-20 2.243zm0-180c6.872 0 13.565.777 20 2.243V90c0-11.046-8.954-20-20-20s-20 8.954-20 20v116.243c6.435-1.466 13.128-2.243 20-2.243zm146-7c12.13 0 22 9.87 22 22s-9.87 22-22 22-22-9.87-22-22 9.87-22 22-22zm0-38c-33.137 0-60 26.863-60 60 0 33.138 26.863 60 60 60 33.138 0 60-26.862 60-60 0-33.137-26.862-60-60-60zm0-30c6.872 0 13.565.777 20 2.243V90c0-11.046-8.954-20-20-20s-20 8.954-20 20v41.243c6.435-1.466 13.128-2.243 20-2.243zm0 180c-6.872 0-13.565-.777-20-2.243V422c0 11.046 8.954 20 20 20s20-8.954 20-20V306.757c-6.435 1.466-13.128 2.243-20 2.243zm146-75c-33.137 0-60 26.863-60 60 0 33.138 26.863 60 60 60 33.138 0 60-26.862 60-60 0-33.137-26.862-60-60-60zm0-30c6.872 0 13.565.777 20 2.243V90c0-11.046-8.954-20-20-20s-20 8.954-20 20v116.243c6.435-1.466 13.128-2.243 20-2.243zm0 180c-6.872 0-13.565-.777-20-2.243V422c0 11.046 8.954 20 20 20s20-8.954 20-20v-40.243c-6.435 1.466-13.128 2.243-20 2.243z"/></svg></div></div><div class='proinput'><form role="search" action='#' autocomplete="off" aria-label="Search form"><input type='search' class='orig' placeholder='SEARCH BY KEYWORD...' name='phrase' value='' aria-label="Search input" autocomplete="off"/><input type='text' class='autocomplete' name='phrase' value='' aria-label="Search autocomplete input" aria-hidden="true" tabindex="-1" autocomplete="off" disabled/></form></div><button class='promagnifier' aria-label="Search magnifier button"><span class='asp_text_button hiddend'> Search </span><span class='innericon'><svg xmlns="http://www.w3.org/2000/svg" width="22" height="22" viewBox="0 0 512 512"><path d="M460.355 421.59l-106.51-106.512c20.04-27.553 31.884-61.437 31.884-98.037C385.73 124.935 310.792 50 218.685 50c-92.106 0-167.04 74.934-167.04 167.04 0 92.107 74.935 167.042 167.04 167.042 34.912 0 67.352-10.773 94.184-29.158L419.945 462l40.41-40.41zM100.63 217.04c0-65.095 52.96-118.055 118.056-118.055 65.098 0 118.057 52.96 118.057 118.056 0 65.097-52.96 118.057-118.057 118.057-65.096 0-118.055-52.96-118.055-118.056z"/></svg></span><span class="asp_clear"></span></button><div class='proloading'><div class="asp_loader"><div class="asp_loader-inner asp_line-scale"><div></div><div></div><div></div><div></div><div></div></div></div></div><div class='proclose'><svg version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" width="512px" height="512px" viewBox="0 0 512 512" enable-background="new 0 0 512 512" xml:space="preserve"><polygon points="438.393,374.595 319.757,255.977 438.378,137.348 374.595,73.607 255.995,192.225 137.375,73.622 73.607,137.352 192.246,255.983 73.622,374.625 137.352,438.393 256.002,319.734 374.652,438.378 "/></svg></div></div></div><div class='asp_data_container' style="display:none !important;"><div class="asp_init_data" style="display:none !important;" id="asp_init_id_5_1" data-asp-id="5" data-asp-instance="1" data-aspdata="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"></div><div class='asp_hidden_data' style="display:none !important;"><div class='asp_item_overlay'><div class='asp_item_inner'><svg xmlns="http://www.w3.org/2000/svg" width="22" height="22" viewBox="0 0 512 512"><path d="M448.225 394.243l-85.387-85.385c16.55-26.08 26.146-56.986 26.146-90.094 0-92.99-75.652-168.64-168.643-168.64-92.988 0-168.64 75.65-168.64 168.64s75.65 168.64 168.64 168.64c31.466 0 60.94-8.67 86.176-23.734l86.14 86.142c36.755 36.754 92.355-18.783 55.57-55.57zm-344.233-175.48c0-64.155 52.192-116.35 116.35-116.35s116.353 52.194 116.353 116.35S284.5 335.117 220.342 335.117s-116.35-52.196-116.35-116.352zm34.463-30.26c34.057-78.9 148.668-69.75 170.248 12.863-43.482-51.037-119.984-56.532-170.248-12.862z"/></svg></div></div></div></div><div id='__original__ajaxsearchprores5_1' class='asp_w asp_r asp_r_5 asp_r_5_1 vertical ajaxsearchpro wpdreams_asp_sc wpdreams_asp_sc-5' data-id="5" data-instance="1"><div class="results"><div class="resdrg"></div></div><div class="asp_res_loader hiddend"><div class="asp_loader"><div class="asp_loader-inner asp_line-scale"><div></div><div></div><div></div><div></div><div></div></div></div></div></div><div id='__original__ajaxsearchprosettings5_1' class="asp_w asp_ss asp_ss_5 asp_s asp_s_5 asp_s_5_1 wpdreams_asp_sc wpdreams_asp_sc-5 ajaxsearchpro searchsettings" data-id="5" data-instance="1"><form name='options' class="asp-fss-flex" aria-label="Search settings form" autocomplete = 'off'><input type="hidden" name="current_page_id" value="172"><input type='hidden' name='qtranslate_lang' value='0'/><input type="hidden" name="filters_changed" value="0"><input type="hidden" name="filters_initial" value="1"><fieldset class="asp_filter_generic asp_filter_id_1 asp_filter_n_0"><legend>Generic filters</legend><div class="asp_option" tabindex="0"><div class="asp_option_inner"><input type="checkbox" value="exact" id="set_exact5_1" aria-label="Exact matches only" name="asp_gen[]" /><div class="asp_option_checkbox"></div></div><div class="asp_option_label"> Exact matches only </div></div></fieldset><div style="clear:both;"></div></form></div></div> </div> </div> <form data-sf-form-id='666' data-is-rtl='0' data-maintain-state='' data-results-url='https://www.wfw.com/insights/' data-ajax-form-url='https://www.wfw.com/?sfid=666&sf_action=get_data&sf_data=form' data-display-result-method='shortcode' data-use-history-api='1' data-template-loaded='0' data-lang-code='en' data-ajax='0' data-init-paged='1' data-auto-update='1' data-auto-count='1' data-auto-count-refresh-mode='1' action='https://www.wfw.com/insights/' method='post' class='searchandfilter' id='search-filter-form-666' autocomplete='off' data-instance-count='1'><ul><li class="sf-field-category" data-sf-field-name="_sft_category" data-sf-field-type="category" data-sf-field-input-type="checkbox"><h4>Category</h4> <ul data-operator="or" class=""> <li class="sf-level-0 sf-item-1" data-sf-count="1451" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="articles" name="_sft_category[]" id="sf-input-ff73fa179e5ed100ad2dfcbf645070d6"><label class="sf-label-checkbox" for="sf-input-ff73fa179e5ed100ad2dfcbf645070d6">Article</label></li><li class="sf-level-0 sf-item-516" data-sf-count="88" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="awards" name="_sft_category[]" id="sf-input-8b4df2db6b3584946eaae8cf5fa8e79c"><label class="sf-label-checkbox" for="sf-input-8b4df2db6b3584946eaae8cf5fa8e79c">Award</label></li><li class="sf-level-0 sf-item-5" data-sf-count="158" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="events" name="_sft_category[]" id="sf-input-c893a93851fab0c910e5847088c49b93"><label class="sf-label-checkbox" for="sf-input-c893a93851fab0c910e5847088c49b93">Event</label></li><li class="sf-level-0 sf-item-778" data-sf-count="3" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="infocus" name="_sft_category[]" id="sf-input-6595dce4e54c2c4b30bbf88ac35e8693"><label class="sf-label-checkbox" for="sf-input-6595dce4e54c2c4b30bbf88ac35e8693">Infocus</label></li><li class="sf-level-0 sf-item-2051" data-sf-count="9" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="podcast" name="_sft_category[]" id="sf-input-43ac4de6c5f40f1777dbe236c1e2acaf"><label class="sf-label-checkbox" for="sf-input-43ac4de6c5f40f1777dbe236c1e2acaf">Podcast</label></li><li class="sf-level-0 sf-item-8" data-sf-count="1346" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="press" name="_sft_category[]" id="sf-input-130f1788f70d49666fac199f85d015c2"><label class="sf-label-checkbox" for="sf-input-130f1788f70d49666fac199f85d015c2">Press</label></li><li class="sf-level-0 sf-item-673 sf-option-active" data-sf-count="3" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="reports" name="_sft_category[]" checked="checked" id="sf-input-ad8688aa14cad22ad1269a73049c9584"><label class="sf-label-checkbox" for="sf-input-ad8688aa14cad22ad1269a73049c9584">Report</label></li> </ul> </li><li class="sf-field-taxonomy-sector" data-sf-field-name="_sft_sector" data-sf-field-type="taxonomy" data-sf-field-input-type="checkbox"><h4>Sector</h4> <ul data-operator="or" class=""> <li class="sf-level-0 sf-item-24" data-sf-count="2" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="transport" name="_sft_sector[]" id="sf-input-4f865174e4ac319686563df578b5f227"><label class="sf-label-checkbox" for="sf-input-4f865174e4ac319686563df578b5f227">Transport</label><ul class="children"><li class="sf-level-1 sf-item-25" data-sf-count="2" data-sf-depth="1"><input class="sf-input-checkbox" type="checkbox" value="maritime" name="_sft_sector[]" id="sf-input-fe85602defb5a19029c02cc9b0cfcac8"><label class="sf-label-checkbox" for="sf-input-fe85602defb5a19029c02cc9b0cfcac8">Maritime</label><ul class="children"><li class="sf-level-2 sf-item-158" data-sf-count="2" data-sf-depth="2"><input class="sf-input-checkbox" type="checkbox" value="container-ships" name="_sft_sector[]" id="sf-input-dc70fb6fbc9678196302e10fbce4c1fe"><label class="sf-label-checkbox" for="sf-input-dc70fb6fbc9678196302e10fbce4c1fe">Containers and Logistics</label></li><li class="sf-level-2 sf-item-159" data-sf-count="2" data-sf-depth="2"><input class="sf-input-checkbox" type="checkbox" value="lng-offshore" name="_sft_sector[]" id="sf-input-9e12ad9b58cf04652c8798777378e3a4"><label class="sf-label-checkbox" for="sf-input-9e12ad9b58cf04652c8798777378e3a4">LNG and Offshore</label></li><li class="sf-level-2 sf-item-184" data-sf-count="2" data-sf-depth="2"><input class="sf-input-checkbox" type="checkbox" value="commercial-shipping" name="_sft_sector[]" id="sf-input-e942720905c5f6304a92713a8dbd05cc"><label class="sf-label-checkbox" for="sf-input-e942720905c5f6304a92713a8dbd05cc">Commercial Shipping</label></li><li class="sf-level-2 sf-item-185" data-sf-count="2" data-sf-depth="2"><input class="sf-input-checkbox" type="checkbox" value="ports-terminals" name="_sft_sector[]" id="sf-input-942ad2004005531a7d22c52e53c905f9"><label class="sf-label-checkbox" for="sf-input-942ad2004005531a7d22c52e53c905f9">Ports and Terminals</label></li><li class="sf-level-2 sf-item-186" data-sf-count="2" data-sf-depth="2"><input class="sf-input-checkbox" type="checkbox" value="loan-portfolios" name="_sft_sector[]" id="sf-input-1a10277ca1e25b7dfabb3fe45a9ecfd6"><label class="sf-label-checkbox" for="sf-input-1a10277ca1e25b7dfabb3fe45a9ecfd6">Loan Portfolios</label></li></ul></li></ul></li> </ul> </li><li class="sf-field-taxonomy-service" data-sf-field-name="_sft_service" data-sf-field-type="taxonomy" data-sf-field-input-type="checkbox"><h4>Service</h4> <ul data-operator="or" class=""> <li class="sf-level-0 sf-item-83" data-sf-count="2" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="capital-markets" name="_sft_service[]" id="sf-input-70910229f18c0e13d468f15971b67826"><label class="sf-label-checkbox" for="sf-input-70910229f18c0e13d468f15971b67826">Capital Markets</label><ul class="children"><li class="sf-level-1 sf-item-193" data-sf-count="2" data-sf-depth="1"><input class="sf-input-checkbox" type="checkbox" value="corporate-trust-agency" name="_sft_service[]" id="sf-input-dcac208dac070a8e415ed22f65742ad6"><label class="sf-label-checkbox" for="sf-input-dcac208dac070a8e415ed22f65742ad6">Corporate Trust and Agency</label></li><li class="sf-level-1 sf-item-192" data-sf-count="2" data-sf-depth="1"><input class="sf-input-checkbox" type="checkbox" value="dcm" name="_sft_service[]" id="sf-input-c2e59b7b498ccecee725bc14e2de91b7"><label class="sf-label-checkbox" for="sf-input-c2e59b7b498ccecee725bc14e2de91b7">Debt Capital Markets</label></li><li class="sf-level-1 sf-item-191" data-sf-count="2" data-sf-depth="1"><input class="sf-input-checkbox" type="checkbox" value="ecm" name="_sft_service[]" id="sf-input-4127a228cb4c7df555f969bbd09c0ca1"><label class="sf-label-checkbox" for="sf-input-4127a228cb4c7df555f969bbd09c0ca1">Equity Capital Markets</label></li><li class="sf-level-1 sf-item-194" data-sf-count="2" data-sf-depth="1"><input class="sf-input-checkbox" type="checkbox" value="structured-finance" name="_sft_service[]" id="sf-input-ac44105b39519e40ca73a8ee2ec77aa5"><label class="sf-label-checkbox" for="sf-input-ac44105b39519e40ca73a8ee2ec77aa5">Structured Finance</label></li></ul></li><li class="sf-level-0 sf-item-30" data-sf-count="2" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="corporate-ma" name="_sft_service[]" id="sf-input-730c6b867298205f248e8b0b6bd5e55e"><label class="sf-label-checkbox" for="sf-input-730c6b867298205f248e8b0b6bd5e55e">Corporate and M&A</label><ul class="children"><li class="sf-level-1 sf-item-521" data-sf-count="2" data-sf-depth="1"><input class="sf-input-checkbox" type="checkbox" value="corporate-and-acquisition-finance" name="_sft_service[]" id="sf-input-c2b2f5afaa6a83242ba141a075dc8072"><label class="sf-label-checkbox" for="sf-input-c2b2f5afaa6a83242ba141a075dc8072">Corporate and Acquisition Finance</label></li><li class="sf-level-1 sf-item-84" data-sf-count="2" data-sf-depth="1"><input class="sf-input-checkbox" type="checkbox" value="mergers-acquisitions" name="_sft_service[]" id="sf-input-7da969ac0a9563fc95ead04717190f35"><label class="sf-label-checkbox" for="sf-input-7da969ac0a9563fc95ead04717190f35">Mergers and Acquisitions</label><ul class="children"><li class="sf-level-2 sf-item-98" data-sf-count="2" data-sf-depth="2"><input class="sf-input-checkbox" type="checkbox" value="joint-ventures" name="_sft_service[]" id="sf-input-95db399785ae0227710663827c04d6d4"><label class="sf-label-checkbox" for="sf-input-95db399785ae0227710663827c04d6d4">Joint Ventures and Strategic Alliances</label></li></ul></li></ul></li><li class="sf-level-0 sf-item-80" data-sf-count="2" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="employment" name="_sft_service[]" id="sf-input-938f4386585711ea02340413f44c772a"><label class="sf-label-checkbox" for="sf-input-938f4386585711ea02340413f44c772a">Employment</label></li><li class="sf-level-0 sf-item-3" data-sf-count="2" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="finance" name="_sft_service[]" id="sf-input-e824bcf96da4df03cce157003da29fd6"><label class="sf-label-checkbox" for="sf-input-e824bcf96da4df03cce157003da29fd6">Finance</label><ul class="children"><li class="sf-level-1 sf-item-164" data-sf-count="2" data-sf-depth="1"><input class="sf-input-checkbox" type="checkbox" value="eca-financing" name="_sft_service[]" id="sf-input-d2f973eeab036a7ac02f4ac39935bce2"><label class="sf-label-checkbox" for="sf-input-d2f973eeab036a7ac02f4ac39935bce2">ECA Finance</label></li><li class="sf-level-1 sf-item-89" data-sf-count="2" data-sf-depth="1"><input class="sf-input-checkbox" type="checkbox" value="asset-lease-finance" name="_sft_service[]" id="sf-input-972d3bbab004392dd126fa8339830856"><label class="sf-label-checkbox" for="sf-input-972d3bbab004392dd126fa8339830856">Asset Finance and Leasing</label></li></ul></li><li class="sf-level-0 sf-item-87" data-sf-count="2" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="private-equity" name="_sft_service[]" id="sf-input-6a2ef1d5c2e18f31cd82ba5caa9a8c04"><label class="sf-label-checkbox" for="sf-input-6a2ef1d5c2e18f31cd82ba5caa9a8c04">Private Equity</label></li><li class="sf-level-0 sf-item-92" data-sf-count="2" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="regulatory-competition" name="_sft_service[]" id="sf-input-3bf98804969086bd41bb8b91042b29f3"><label class="sf-label-checkbox" for="sf-input-3bf98804969086bd41bb8b91042b29f3">Regulatory and Competition</label><ul class="children"><li class="sf-level-1 sf-item-200" data-sf-count="2" data-sf-depth="1"><input class="sf-input-checkbox" type="checkbox" value="environment-health-safety" name="_sft_service[]" id="sf-input-41f0f5e43f45ca0ff04587e2bc7ed38a"><label class="sf-label-checkbox" for="sf-input-41f0f5e43f45ca0ff04587e2bc7ed38a">Environment, Health and Safety</label></li><li class="sf-level-1 sf-item-197" data-sf-count="2" data-sf-depth="1"><input class="sf-input-checkbox" type="checkbox" value="eu-competition" name="_sft_service[]" id="sf-input-7a7e630a7cbf1196bb98ec80fdf7f98c"><label class="sf-label-checkbox" for="sf-input-7a7e630a7cbf1196bb98ec80fdf7f98c">EU and Competition</label></li><li class="sf-level-1 sf-item-198" data-sf-count="2" data-sf-depth="1"><input class="sf-input-checkbox" type="checkbox" value="regulatory" name="_sft_service[]" id="sf-input-a754642e924cf5f9e83173a9851ad101"><label class="sf-label-checkbox" for="sf-input-a754642e924cf5f9e83173a9851ad101">Regulatory</label></li></ul></li><li class="sf-level-0 sf-item-189" data-sf-count="2" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="restructuring-insolvency" name="_sft_service[]" id="sf-input-326f1bb21d85c73df95b9c8b55894350"><label class="sf-label-checkbox" for="sf-input-326f1bb21d85c73df95b9c8b55894350">Restructuring and Insolvency</label></li> </ul> </li><li class="sf-field-taxonomy-location" data-sf-field-name="_sft_location" data-sf-field-type="taxonomy" data-sf-field-input-type="checkbox"><h4>Location</h4> <ul data-operator="or" class=""> </ul> </li><li class="sf-field-post-meta-post_event_year" data-sf-field-name="_sfm_post_event_year" data-sf-field-type="post_meta" data-sf-field-input-type="checkbox" data-sf-meta-type="choice"><h4>Year</h4> <ul data-operator="or" class=""> <li class="sf-level-0 " data-sf-count="1" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="2023" name="_sfm_post_event_year[]" id="sf-input-be1c49f4813070543b5b81f058d185fc"><label class="sf-label-checkbox" for="sf-input-be1c49f4813070543b5b81f058d185fc">2023</label></li><li class="sf-level-0 " data-sf-count="2" data-sf-depth="0"><input class="sf-input-checkbox" type="checkbox" value="2021" name="_sfm_post_event_year[]" id="sf-input-eeb6ddbf875e484007a023cb760768d0"><label class="sf-label-checkbox" for="sf-input-eeb6ddbf875e484007a023cb760768d0">2021</label></li> </ul> </li><li class="sf-field-sort_order" data-sf-field-name="_sf_sort_order" data-sf-field-type="sort_order" data-sf-field-input-type="radio"><h4>Order by</h4> <ul class=""> <li class="sf-level-0 sf-item-0 sf-option-active" data-sf-depth="0"><input class="sf-input-radio" type="radio" value="" name="_sf_sort_order[]" checked="checked" id="sf-input-7daa49a73677851d65ca9a59623e6dd3"><label class="sf-label-radio" for="sf-input-7daa49a73677851d65ca9a59623e6dd3">Date</label></li><li class="sf-level-0 " data-sf-depth="0"><input class="sf-input-radio" type="radio" value="date+desc" name="_sf_sort_order[]" id="sf-input-0bacd3b920f6cb927b498507ab67d323"><label class="sf-label-radio" for="sf-input-0bacd3b920f6cb927b498507ab67d323">Date</label></li><li class="sf-level-0 " data-sf-depth="0"><input class="sf-input-radio" type="radio" value="relevance+desc" name="_sf_sort_order[]" id="sf-input-afb3e5574807b3778cdb29590a75d293"><label class="sf-label-radio" for="sf-input-afb3e5574807b3778cdb29590a75d293">Relevance</label></li> </ul> </li><li class="sf-field-post-meta-post_event_status" data-sf-field-name="_sfm_post_event_status" data-sf-field-type="post_meta" data-sf-field-input-type="select" data-sf-meta-type="choice" data-sf-combobox="1"> <label> <select data-combobox="1" name="_sfm_post_event_status[]" class="sf-input-select" title=""> <option class="sf-level-0 sf-item-0 sf-option-active" selected="selected" data-sf-depth="0" value="">Select option</option> <option class="sf-level-0 " data-sf-count="0" data-sf-depth="0" value="past">Past</option> <option class="sf-level-0 " data-sf-count="0" data-sf-depth="0" value="recorded">Recording(s)</option> <option class="sf-level-0 " data-sf-count="3" data-sf-depth="0" value="upcoming">Upcoming</option> </select></label> </li><li class="sf-field-tag" data-sf-field-name="_sft_post_tag" data-sf-field-type="tag" data-sf-field-input-type="select" data-sf-combobox="1"><h4>Topic</h4> <label> <select data-combobox="1" name="_sft_post_tag[]" class="sf-input-select" title=""> <option class="sf-level-0 sf-item-0 sf-option-active" selected="selected" data-sf-count="0" data-sf-depth="0" value="">All Tags</option> <option class="sf-level-0 sf-item-444" data-sf-count="2" data-sf-depth="0" value="sustainable-finance">sustainable finance</option> <option class="sf-level-0 sf-item-747" data-sf-count="2" data-sf-depth="0" value="sustainable-shipping">Sustainable shipping</option> <option class="sf-level-0 sf-item-777" data-sf-count="2" data-sf-depth="0" value="the-sustainability-imperative">the sustainability imperative</option> <option class="sf-level-0 sf-item-776" data-sf-count="2" data-sf-depth="0" value="sustainability-imperative">sustainability imperative</option> <option class="sf-level-0 sf-item-330" data-sf-count="2" data-sf-depth="0" value="sustainability">sustainability</option> <option class="sf-level-0 sf-item-302" data-sf-count="1" data-sf-depth="0" value="restructuring">Restructuring</option> <option class="sf-level-0 sf-item-301" data-sf-count="1" data-sf-depth="0" value="aviation">Aviation</option> </select></label> </li><li class="sf-field-search" data-sf-field-name="search" data-sf-field-type="search" data-sf-field-input-type=""> <label> <input placeholder="Search …" name="_sf_search[]" class="sf-input-text" type="text" value="" title=""></label> </li><li class="sf-field-post-meta-post_people" data-sf-field-name="_sfm_post_people" data-sf-field-type="post_meta" data-sf-field-input-type="select" data-sf-meta-type="choice" data-sf-combobox="1"> <label> <select data-combobox="1" name="_sfm_post_people[]" class="sf-input-select" title=""> <option class="sf-level-0 sf-item-0 sf-option-active" selected="selected" data-sf-depth="0" value="">All Items</option> <option class="sf-level-0 " data-sf-count="1" data-sf-depth="0" value="1045">George Macheras  (1)</option> <option class="sf-level-0 " data-sf-count="1" data-sf-depth="0" value="1451">Lindsey Keeble  (1)</option> <option class="sf-level-0 " data-sf-count="2" data-sf-depth="0" value="1782">Simon Petch  (2)</option> <option class="sf-level-0 " data-sf-count="1" data-sf-depth="0" value="1791">Stephen Parker  (1)</option> <option class="sf-level-0 " data-sf-count="2" data-sf-depth="0" value="1809">George Paleokrassas  (2)</option> <option class="sf-level-0 " data-sf-count="1" data-sf-depth="0" value="20526">Solange Leandro  (1)</option> <option class="sf-level-0 " data-sf-count="1" data-sf-depth="0" value="373">Jim Bell  (1)</option> <option class="sf-level-0 " data-sf-count="1" data-sf-depth="0" value="4254">Dominic Pearson  (1)</option> <option class="sf-level-0 " data-sf-count="1" data-sf-depth="0" value="433">Patrick Moore  (1)</option> <option class="sf-level-0 " data-sf-count="1" data-sf-depth="0" value="5324">Lizzie Roe  (1)</option> </select></label> </li></ul></form> </div> </div> <ul id="people_search_reset"><li class="reset_all"><a href="?reset=yes#people_archive_filter">Reset all filters</a></li><li><a href="?reset=yes#people_archive_filter"><strong>Category:</strong> Report x</a></li></ul> <div class="container container_capped clearfix container_mobile_tighttt"> <div id="insights_topics"> <h3>Featured Topics</h3> <div class="version_desktop"><ul class="insights_buttons"> <li><a href="?_sft_post_tag=ev-charging">EV charging</a></li> <li><a href="?_sft_post_tag=gari">GARI</a></li> <li><a href="?_sft_post_tag=hydrogen">hydrogen</a></li> <li><a href="?_sft_post_tag=poseidon-principles">poseidon principles</a></li> <li><a href="?_sft_post_tag=sustainability">sustainability</a></li> </ul></div><div class="version_mobile insight_menu_glide"><ul class="insights_buttons"><li><a href="#" class="mobile_tag_select">Select Topic</a></li> <li><a href="?_sft_post_tag=ev-charging">EV charging</a></li> <li><a href="?_sft_post_tag=gari">GARI</a></li> <li><a href="?_sft_post_tag=hydrogen">hydrogen</a></li> <li><a href="?_sft_post_tag=poseidon-principles">poseidon principles</a></li> <li><a href="?_sft_post_tag=sustainability">sustainability</a></li> </ul></div> </div> <div id="people_archive_results" class="clearfix"> <div class="home_features_col"> <article data-aos="fade-up"> <div class="home_features_col_img"><a href="https://www.wfw.com/reports/the-sustainability-imperative-part-2/"><img src="https://www.wfw.com/wp-content/uploads/2023/03/MLT-Part-2-Lead-Image-Web-Insights-Hub-1282x598px.jpg" alt=""></a></div> <span class="header_tiny header_tiny_type">Report</span> <h2 class="h3_styler"><a href="https://www.wfw.com/reports/the-sustainability-imperative-part-2/">The Sustainability Imperative – Part 2<span>22 March 2023</span></a></h2> <p>Drawing on a series of in-depth interviews and a global survey of circa 500 senior industry leaders, our follow-up report examines the shipping world’s views on ESG and what actions it is taking as a result.</p> <p class="home_features_col_button"><a href="https://www.wfw.com/reports/the-sustainability-imperative-part-2/" class="button_outline">Read more</a></p> </article> </div> <div class="home_features_col home_features_col_right"> <article data-aos="fade-up"> <div class="home_features_col_img"><a href="https://www.wfw.com/reports/covid-19-aviation-restructuring-report-2-0/"><img src="https://www.wfw.com/wp-content/uploads/2021/04/WFW-COVID-19-Aviation-Restructuring-report-2.0-web-imagery_1282-x-598px.jpg" alt=""></a></div> <span class="header_tiny header_tiny_type">Report</span> <h2 class="h3_styler"><a href="https://www.wfw.com/reports/covid-19-aviation-restructuring-report-2-0/">Covid-19 Aviation Restructuring Report 2.0<span>29 April 2021</span></a></h2> <p>This updated edition explores how the market’s response has developed, the trends that have emerged and some significant changes to legislation in the UK and incorporates a valuable table comparing the key features of a UK scheme of arrangement, a UK restructuring plan and the US’s Chapter 11 rehabilitation procedure, as well as case studies on the restructurings of Virgin Atlantic Airways and Malaysian Airlines Berhad.</p> <p class="home_features_col_button"><a href="https://www.wfw.com/reports/covid-19-aviation-restructuring-report-2-0/" class="button_outline">Read more</a></p> </article> </div> <div class="home_features_col"> <article data-aos="fade-up"> <div class="home_features_col_img"><a href="https://www.wfw.com/reports/the-sustainability-imperative-part-1/"><img src="https://www.wfw.com/wp-content/uploads/2021/02/MTL-Website-Feature-Insights-01-v2.jpg" alt=""></a></div> <span class="header_tiny header_tiny_type">Report</span> <h2 class="h3_styler"><a href="https://www.wfw.com/reports/the-sustainability-imperative-part-1/">The Sustainability Imperative – Part 1<span>23 February 2021</span></a></h2> <p>Drawing on a series of in-depth interviews and a global survey of 545 senior industry leaders, our report examines the shipping world’s views on sustainability and governance and what actions it is taking as result.</p> <p class="home_features_col_button"><a href="https://www.wfw.com/reports/the-sustainability-imperative-part-1/" class="button_outline">Read more</a></p> </article> </div> </div> </div></div> </section> <footer role="contentinfo" id="site_footer"> <div class="container clearfix"> <ul class="social_list"><li class="social_list_linkedin"><a href="https://www.linkedin.com/company/watson-farley-&-williams/" target="_blank">LinkedIn</a></li><li class="social_list_twitter"><a href="https://twitter.com/WFW_LLP" target="_blank">X (Twitter)</a></li><li class="social_list_youtube"><a href="https://www.youtube.com/@WFW_LLP" target="_blank">YouTube</a></li><li class="social_list_wechat"><a href="https://www.wfw.com/wechat/" target="_blank">WeChat</a></li></ul> <nav role="navigation" id="footer_menu"> <ul id="menu-footer-menu" class="menu"><li id="menu-item-159" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-159"><a href="https://www.wfw.com/accessibility-compliance/">Accessibility / compliance</a></li> <li id="menu-item-160" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-160"><a href="https://www.wfw.com/privacy/">Privacy notice</a></li> <li id="menu-item-161" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-161"><a target="_blank" rel="noopener" href="https://subscribe.wfw.com/login/login.aspx">Email preference</a></li> <li id="menu-item-162" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-162"><a href="https://www.wfw.com/legal-and-regulatory/">Legal and regulatory</a></li> <li id="menu-item-163" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-163"><a href="https://www.wfw.com/slavery-and-human-trafficking/">Modern Slavery and Human Trafficking</a></li> <li id="menu-item-164" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-164"><a href="https://www.wfw.com/email-hoax/">Email hoax</a></li> <li id="menu-item-166" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-166"><a href="https://www.wfw.com/cookie-policy/">Cookie policy</a></li> </ul> </nav> <small>© Watson Farley & Williams LLP 2024 <span>Registered office:<br> 15 Appold Street, London, EC2A 2HB, UK. This website constitutes attorney advertising.</span></small> </div> </footer> </div><div class="tjl-overflow-fix"> <div id="menu-main-reveal"> <div class="container clearfix" id="menu-main-reveal-left"> <div id="search_form_mobile"> <form name="search_form" role="search" method="get" class="search_form" action="/search/" autocomplete="off"> <input type="text" class="search_form_text" name="_sf_s" placeholder="Search" id="input_keyword" required> <input type="submit" value="Search" class="search_form_submit"> </form> </div> <div id="menu-main-reveal-left-primary"> <nav role="navigation"> <ul id="menu-main-menu-primary" class="menu"><li id="menu-item-39255" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39255"><a href="/people/">People</a></li> <li id="menu-item-39256" class="menu_open menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-39256"><a href="https://www.wfw.com/about-us/">About Us</a> <ul class="sub-menu"> <li id="menu-item-39314" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-39314"><a href="https://www.wfw.com/about-us/">Overview</a></li> <li id="menu-item-39259" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-39259"><a href="https://www.wfw.com/about-us/diversity-and-inclusion/">Diversity and Inclusion</a></li> <li id="menu-item-39257" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-39257"><a href="https://www.wfw.com/about-us/sustainability/">Sustainability</a></li> </ul> </li> <li id="menu-item-39260" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39260"><a href="/locations/">Locations</a></li> <li id="menu-item-39261" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39261"><a href="/careers/">Careers</a></li> <li id="menu-item-39262" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-39262"><a href="https://www.wfw.com/about-us/contact/">Contact Us</a></li> </ul> </nav> </div> <div id="menu-main-reveal-left-secondary"> <nav role="navigation"> <ul id="menu-main-menu-secondary" class="menu"><li id="menu-item-39242" class="menu_open menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children menu-item-39242"><a>Featured</a> <ul class="sub-menu"> <li id="menu-item-39243" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39243"><a href="/gari">Global Aviation Resource Index (GARI)</a></li> <li id="menu-item-39244" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39244"><a href="/podcast/countdown-to-cop-financing-and-fuelling-the-future/">COP28 PODCAST SERIES</a></li> <li id="menu-item-39245" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39245"><a href="/reports/the-sustainability-imperative-part-2/">THE SUSTAINABILITY IMPERATIVE</a></li> </ul> </li> <li id="menu-item-39246" class="menu_open menu-item menu-item-type-post_type menu-item-object-page current-menu-item page_item page-item-172 current_page_item current-menu-ancestor current-menu-parent current_page_parent current_page_ancestor menu-item-has-children menu-item-39246"><a href="https://www.wfw.com/insights/" aria-current="page">Insights</a> <ul class="sub-menu"> <li id="menu-item-39247" class="menu-item menu-item-type-post_type menu-item-object-page current-menu-item page_item page-item-172 current_page_item menu-item-39247"><a href="https://www.wfw.com/insights/" aria-current="page">All Insights</a></li> <li id="menu-item-39248" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39248"><a href="/insights/?_sft_category=articles">Articles</a></li> <li id="menu-item-39249" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39249"><a href="/insights/?_sft_category=awards">Awards</a></li> <li id="menu-item-39250" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39250"><a href="/insights/?_sft_category=events">Events</a></li> <li id="menu-item-39251" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39251"><a href="/insights/?_sft_category=infocus">Infocus</a></li> <li id="menu-item-39252" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39252"><a href="/insights/?_sft_category=podcast">Podcasts</a></li> <li id="menu-item-39253" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39253"><a href="/insights/?_sft_category=press">Press</a></li> <li id="menu-item-39254" class="menu-item menu-item-type-custom menu-item-object-custom current-menu-item menu-item-39254"><a href="/insights/?_sft_category=reports" aria-current="page">Reports</a></li> </ul> </li> </ul> </nav> </div> <ul class="social_list"><li class="social_list_linkedin"><a href="https://www.linkedin.com/company/watson-farley-&-williams/" target="_blank">LinkedIn</a></li><li class="social_list_twitter"><a href="https://twitter.com/WFW_LLP" target="_blank">X (Twitter)</a></li><li class="social_list_youtube"><a href="https://www.youtube.com/@WFW_LLP" target="_blank">YouTube</a></li><li class="social_list_wechat"><a href="https://www.wfw.com/wechat/" target="_blank">WeChat</a></li></ul> </div> </div> <div id="menu-expertise-reveal"> <div class="container clearfix" id="menu-expertise-col-holder"> <div class="menu-expertise-col"> <h2>Sectors</h2> <nav role="navigation"> <ul class="menu-expertise-parent"> <li class="page_item page-item-785 page_item_has_children"><a href="https://www.wfw.com/sectors/energy/">Energy</a> <ul class='children'> <li class="page_item page-item-797"><a href="https://www.wfw.com/sectors/energy/mining-commodities/">Mining and Commodities</a></li> <li class="page_item page-item-833"><a href="https://www.wfw.com/sectors/energy/oil-and-gas/">Oil and Gas</a></li> <li class="page_item page-item-835"><a href="https://www.wfw.com/sectors/energy/power/">Power</a></li> </ul> </li> <li class="page_item page-item-3936"><a href="https://www.wfw.com/sectors/infrastructure/">Infrastructure</a></li> <li class="page_item page-item-783 page_item_has_children"><a href="https://www.wfw.com/sectors/transport/">Transport</a> <ul class='children'> <li class="page_item page-item-789 page_item_has_children"><a href="https://www.wfw.com/sectors/transport/aviation/">Aviation</a></li> <li class="page_item page-item-791 page_item_has_children"><a href="https://www.wfw.com/sectors/transport/maritime/">Maritime</a></li> <li class="page_item page-item-793"><a href="https://www.wfw.com/sectors/transport/rail/">Rail</a></li> </ul> </li> </ul> </nav> </div> <div class="menu-expertise-col"> <h2>Services</h2> <nav role="navigation"> <ul class="menu-expertise-parent"> <li class="page_item page-item-801 page_item_has_children"><a href="https://www.wfw.com/services/capital-markets/">Capital Markets</a> <ul class='children'> <li class="page_item page-item-3303"><a href="https://www.wfw.com/services/capital-markets/corporate-trust-agency/">Corporate Trust and Agency</a></li> <li class="page_item page-item-3305"><a href="https://www.wfw.com/services/capital-markets/debt-capital-markets/">Debt Capital Markets</a></li> <li class="page_item page-item-35239"><a href="https://www.wfw.com/services/capital-markets/derivatives/">Derivatives</a></li> <li class="page_item page-item-3307"><a href="https://www.wfw.com/services/capital-markets/equity-capital-markets/">Equity Capital Markets</a></li> <li class="page_item page-item-3300"><a href="https://www.wfw.com/services/capital-markets/structured-finance/">Structured Finance</a></li> </ul> </li> <li class="page_item page-item-837 page_item_has_children"><a href="https://www.wfw.com/services/construction/">Construction</a> <ul class='children'> <li class="page_item page-item-3868"><a href="https://www.wfw.com/services/construction/planning/">Planning</a></li> </ul> </li> <li class="page_item page-item-1649 page_item_has_children"><a href="https://www.wfw.com/services/corporate/">Corporate and M&A</a> <ul class='children'> <li class="page_item page-item-10800"><a href="https://www.wfw.com/services/corporate/corporate-and-acquisition-finance/">Corporate and Acquisition Finance</a></li> <li class="page_item page-item-3874"><a href="https://www.wfw.com/services/corporate/joint-ventures/">Joint ventures and strategic alliances</a></li> <li class="page_item page-item-3872"><a href="https://www.wfw.com/services/corporate/mergers-and-acquisitions/">Mergers and Acquisitions</a></li> </ul> </li> <li class="page_item page-item-839 page_item_has_children"><a href="https://www.wfw.com/services/dispute-resolution/">Dispute Resolution</a> <ul class='children'> <li class="page_item page-item-38113"><a href="https://www.wfw.com/services/dispute-resolution/aviation-dispute-resolution/">Aviation Dispute Resolution</a></li> <li class="page_item page-item-38454"><a href="https://www.wfw.com/services/dispute-resolution/energy-dispute-resolution/">Energy Dispute Resolution</a></li> <li class="page_item page-item-38127"><a href="https://www.wfw.com/services/dispute-resolution/infrastructure-dispute-resolution/">Infrastructure <br>Dispute Resolution</a></li> <li class="page_item page-item-38130"><a href="https://www.wfw.com/services/dispute-resolution/international-arbitration/">International <br>Arbitration</a></li> <li class="page_item page-item-38133"><a href="https://www.wfw.com/services/dispute-resolution/maritime-dispute-resolution/">Maritime Dispute Resolution</a></li> <li class="page_item page-item-38135 page_item_has_children"><a href="https://www.wfw.com/services/dispute-resolution/public-international-law/">Public International Law</a></li> </ul> </li> <li class="page_item page-item-841"><a href="https://www.wfw.com/services/employment/">Employment</a></li> <li class="page_item page-item-799 page_item_has_children"><a href="https://www.wfw.com/services/finance/">Finance</a> <ul class='children'> <li class="page_item page-item-2257"><a href="https://www.wfw.com/services/finance/asset-finance/">Asset Finance and Leasing</a></li> <li class="page_item page-item-2262"><a href="https://www.wfw.com/services/finance/eca-finance/">ECA Finance</a></li> <li class="page_item page-item-3311"><a href="https://www.wfw.com/services/finance/islamic-finance/">Islamic Finance</a></li> <li class="page_item page-item-3870"><a href="https://www.wfw.com/services/finance/project-finance/">Project Finance</a></li> <li class="page_item page-item-3290"><a href="https://www.wfw.com/services/finance/real-estate-finance/">Real Estate Finance</a></li> </ul> </li> <li class="page_item page-item-845"><a href="https://www.wfw.com/services/private-equity/">Private Equity</a></li> <li class="page_item page-item-3916"><a href="https://www.wfw.com/services/public-law/">Public Law</a></li> <li class="page_item page-item-787 page_item_has_children"><a href="https://www.wfw.com/services/real-estate/">Real Estate</a> <ul class='children'> <li class="page_item page-item-2965"><a href="https://www.wfw.com/services/real-estate/hotels-hospitality/">Hotels and Hospitality</a></li> <li class="page_item page-item-2957"><a href="https://www.wfw.com/services/real-estate/real-estate-disputes/">Real Estate Disputes</a></li> </ul> </li> <li class="page_item page-item-847 page_item_has_children"><a href="https://www.wfw.com/services/regulatory-competition/">Regulatory and Competition</a> <ul class='children'> <li class="page_item page-item-3926"><a href="https://www.wfw.com/services/regulatory-competition/environment-health-safety/">Environment, Health and Safety</a></li> <li class="page_item page-item-3912"><a href="https://www.wfw.com/services/regulatory-competition/eu-competition/">EU and Competition</a></li> <li class="page_item page-item-35242"><a href="https://www.wfw.com/services/regulatory-competition/financial-services-regulation/">Financial Services Regulation</a></li> <li class="page_item page-item-3914"><a href="https://www.wfw.com/services/regulatory-competition/regulatory/">Regulatory</a></li> </ul> </li> <li class="page_item page-item-3929"><a href="https://www.wfw.com/services/restructuring-insolvency/">Restructuring and Insolvency</a></li> <li class="page_item page-item-849"><a href="https://www.wfw.com/services/tax/">Tax</a></li> </ul> </nav> </div> </div> </div> </div> </div> <div class='asp_hidden_data' id="asp_hidden_data" style="display: none !important;"> <svg style="position:absolute" height="0" width="0"> <filter id="aspblur"> <feGaussianBlur in="SourceGraphic" stdDeviation="4"/> </filter> </svg> <svg style="position:absolute" height="0" width="0"> <filter id="no_aspblur"></filter> </svg> </div> <script type="text/javascript" src="https://www.wfw.com/wp-includes/js/dist/hooks.min.js?ver=2810c76e705dd1a53b18" id="wp-hooks-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-includes/js/dist/i18n.min.js?ver=5e580eb46a90c2b997e6" id="wp-i18n-js"></script> <script type="text/javascript" id="wp-i18n-js-after"> /* <![CDATA[ */ wp.i18n.setLocaleData( { 'text direction\u0004ltr': [ 'ltr' ] } ); /* ]]> */ </script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/contact-form-7/includes/swv/js/index.js?ver=6.0" id="swv-js"></script> <script type="text/javascript" id="contact-form-7-js-before"> /* <![CDATA[ */ var wpcf7 = { "api": { "root": "https:\/\/www.wfw.com\/wp-json\/", "namespace": "contact-form-7\/v1" } }; /* ]]> */ </script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/contact-form-7/includes/js/index.js?ver=6.0" id="contact-form-7-js"></script> <script type="text/javascript" id="wpcf7-redirect-script-js-extra"> /* <![CDATA[ */ var wpcf7r = {"ajax_url":"https:\/\/www.wfw.com\/wp-admin\/admin-ajax.php"}; /* ]]> */ </script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/wpcf7-redirect/build/js/wpcf7r-fe.js?ver=1.1" id="wpcf7-redirect-script-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/modernizr.js?ver=2.6.2" id="tjldesigns-script-modernizr-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/jquery.sticky.js?ver=1.0.4" id="tjldesigns-script-jquery-ui-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/slick.min.js?ver=1.6.0" id="tjldesigns-script-slick-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/masonry.pkgd.min.js?ver=4.2.1" id="tjldesigns-script-masonry-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/jquery.waypoints.js?ver=1.0" id="tjldesigns-script-waypoint-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/jquery.counterup.min.js?ver=1.0" id="tjldesigns-script-counterup-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/aos.js?ver=1.0" id="tjldesigns-script-aos-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/main.js?ver=1731359476" id="tjldesigns-script-main-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/easy-fancybox/vendor/purify.min.js?ver=1732332009" id="fancybox-purify-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/easy-fancybox/fancybox/1.5.4/jquery.fancybox.js?ver=1732332009" id="jquery-fancybox-js"></script> <script type="text/javascript" id="jquery-fancybox-js-after"> /* <![CDATA[ */ var fb_timeout, fb_opts={'autoScale':true,'showCloseButton':true,'margin':20,'pixelRatio':'false','padding':0,'centerOnScroll':false,'enableEscapeButton':true,'overlayShow':true,'hideOnOverlayClick':true,'overlayColor':'#182E44','overlayOpacity':0.9,'minVpHeight':320,'disableCoreLightbox':'true','enableBlockControls':'true','fancybox_openBlockControls':'true' }; if(typeof easy_fancybox_handler==='undefined'){ var easy_fancybox_handler=function(){ jQuery([".nolightbox","a.wp-block-file__button","a.pin-it-button","a[href*='pinterest.com\/pin\/create']","a[href*='facebook.com\/share']","a[href*='twitter.com\/share']"].join(',')).addClass('nofancybox'); jQuery('a.fancybox-close').on('click',function(e){e.preventDefault();jQuery.fancybox.close()}); /* IMG */ var unlinkedImageBlocks=jQuery(".wp-block-image > img:not(.nofancybox,figure.nofancybox>img)"); unlinkedImageBlocks.wrap(function() { var href = jQuery( this ).attr( "src" ); return "<a href='" + href + "'></a>"; }); var fb_IMG_select=jQuery('a[href*=".jpg" i]:not(.nofancybox,li.nofancybox>a,figure.nofancybox>a),area[href*=".jpg" i]:not(.nofancybox),a[href*=".jpeg" i]:not(.nofancybox,li.nofancybox>a,figure.nofancybox>a),area[href*=".jpeg" i]:not(.nofancybox),a[href*=".png" i]:not(.nofancybox,li.nofancybox>a,figure.nofancybox>a),area[href*=".png" i]:not(.nofancybox),a[href*=".webp" i]:not(.nofancybox,li.nofancybox>a,figure.nofancybox>a),area[href*=".webp" i]:not(.nofancybox)'); fb_IMG_select.addClass('fancybox image'); var fb_IMG_sections=jQuery('.gallery,.wp-block-gallery,.tiled-gallery,.wp-block-jetpack-tiled-gallery,.ngg-galleryoverview,.ngg-imagebrowser,.nextgen_pro_blog_gallery,.nextgen_pro_film,.nextgen_pro_horizontal_filmstrip,.ngg-pro-masonry-wrapper,.ngg-pro-mosaic-container,.nextgen_pro_sidescroll,.nextgen_pro_slideshow,.nextgen_pro_thumbnail_grid,.tiled-gallery'); fb_IMG_sections.each(function(){jQuery(this).find(fb_IMG_select).attr('rel','gallery-'+fb_IMG_sections.index(this));}); jQuery('a.fancybox,area.fancybox,.fancybox>a').each(function(){jQuery(this).fancybox(jQuery.extend(true,{},fb_opts,{'transition':'elastic','transitionIn':'elastic','easingIn':'easeOutBack','transitionOut':'elastic','easingOut':'easeInBack','opacity':false,'hideOnContentClick':false,'titleShow':false,'titlePosition':'over','titleFromAlt':false,'showNavArrows':false,'enableKeyboardNav':false,'cyclic':false,'mouseWheel':'false'}))}); /* Inline */ jQuery('a.fancybox-inline,area.fancybox-inline,.fancybox-inline>a').each(function(){jQuery(this).fancybox(jQuery.extend(true,{},fb_opts,{'type':'inline','autoDimensions':true,'scrolling':'no','easingIn':'easeOutBack','easingOut':'easeInBack','opacity':false,'hideOnContentClick':false,'titleShow':false}))}); /* YouTube */ jQuery('a[href*="youtu.be/" i],area[href*="youtu.be/" i],a[href*="youtube.com/" i],area[href*="youtube.com/" i]' ).filter(function(){return this.href.match(/\/(?:youtu\.be|watch\?|embed\/)/);}).not('.nofancybox,li.nofancybox>a').addClass('fancybox-youtube'); jQuery('a.fancybox-youtube,area.fancybox-youtube,.fancybox-youtube>a').each(function(){jQuery(this).fancybox(jQuery.extend(true,{},fb_opts,{'type':'iframe','width':1050,'height':599,'keepRatio':1,'aspectRatio':1,'titleShow':false,'titlePosition':'float','titleFromAlt':false,'onStart':function(a,i,o){var splitOn=a[i].href.indexOf("?");var urlParms=(splitOn>-1)?a[i].href.substring(splitOn):"";o.allowfullscreen=(urlParms.indexOf("fs=0")>-1)?false:true;o.href=a[i].href.replace(/https?:\/\/(?:www\.)?youtu(?:\.be\/([^\?]+)\??|be\.com\/watch\?(.*(?=v=))v=([^&]+))(.*)/gi,"https://www.youtube.com/embed/$1$3?$2$4&autoplay=1");}}))}); /* Vimeo */ jQuery('a[href*="vimeo.com/" i],area[href*="vimeo.com/" i]' ).filter(function(){return this.href.match(/\/(?:[0-9]+|video\/)/);}).not('.nofancybox,li.nofancybox>a').addClass('fancybox-vimeo'); jQuery('a.fancybox-vimeo,area.fancybox-vimeo,.fancybox-vimeo>a').each(function(){jQuery(this).fancybox(jQuery.extend(true,{},fb_opts,{'type':'iframe','width':1050,'height':599,'keepRatio':1,'aspectRatio':1,'titleShow':false,'titlePosition':'float','titleFromAlt':false,'onStart':function(a,i,o){var splitOn=a[i].href.indexOf("?");var urlParms=(splitOn>-1)?a[i].href.substring(splitOn):"";o.allowfullscreen=(urlParms.indexOf("fullscreen=0")>-1)?false:true;o.href=a[i].href.replace(/https?:\/\/(?:www\.)?vimeo\.com\/([0-9]+)\??(.*)/gi,"https://player.vimeo.com/video/$1?$2&autoplay=1");}}))}); };}; var easy_fancybox_auto=function(){setTimeout(function(){jQuery('a#fancybox-auto,#fancybox-auto>a').first().trigger('click')},1000);}; jQuery(easy_fancybox_handler);jQuery(document).on('post-load',easy_fancybox_handler); jQuery(easy_fancybox_auto); /* ]]> */ </script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/easy-fancybox/vendor/jquery.easing.js?ver=1.4.1" id="jquery-easing-js"></script> <script type="text/javascript" id="search-filter-plugin-build-js-extra"> /* <![CDATA[ */ var SF_LDATA = {"ajax_url":"https:\/\/www.wfw.com\/wp-admin\/admin-ajax.php","home_url":"https:\/\/www.wfw.com\/","extensions":[]}; /* ]]> */ </script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/search-filter-pro/public/assets/js/search-filter-build.min.js?ver=2.5.19" id="search-filter-plugin-build-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/search-filter-pro/public/assets/js/chosen.jquery.min.js?ver=2.5.19" id="search-filter-plugin-chosen-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-includes/js/jquery/ui/core.min.js?ver=1.13.3" id="jquery-ui-core-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-includes/js/jquery/ui/datepicker.min.js?ver=1.13.3" id="jquery-ui-datepicker-js"></script> <script id='wd-asp-instances-11bd68ee'>window.ASP_INSTANCES = [];window.ASP_INSTANCES[5] = {"homeurl":"https:\/\/www.wfw.com\/","is_results_page":0,"resultstype":"vertical","resultsposition":"hover","resultsSnapTo":"left","results":{"width":"auto","width_tablet":"auto","width_phone":"auto"},"itemscount":4,"charcount":0,"highlight":0,"highlightWholewords":1,"singleHighlight":0,"scrollToResults":{"enabled":0,"offset":0},"autocomplete":{"enabled":1,"trigger_charcount":0,"googleOnly":0,"lang":"en","mobile":1},"trigger":{"delay":300,"autocomplete_delay":310,"update_href":0,"facet":1,"type":1,"click":"custom_url","click_location":"same","return":"custom_url","return_location":"same","redirect_url":"insights\/?_sf_s={phrase}","elementor_url":"https:\/\/www.wfw.com\/?asp_ls={phrase}"},"overridewpdefault":0,"override_method":"get","settings":{"unselectChildren":1,"hideChildren":0},"settingsimagepos":"right","settingsVisible":0,"settingsHideOnRes":0,"prescontainerheight":"400px","closeOnDocClick":1,"focusOnPageload":0,"isotopic":{"itemWidth":"200px","itemWidthTablet":"200px","itemWidthPhone":"200px","itemHeight":"200px","itemHeightTablet":"200px","itemHeightPhone":"200px","pagination":1,"rows":2,"gutter":5,"showOverlay":1,"blurOverlay":1,"hideContent":1},"loaderLocation":"auto","show_more":{"enabled":0,"url":"?s={phrase}","elementor_url":"https:\/\/www.wfw.com\/?asp_ls={phrase}","action":"ajax","location":"same","infinite":1},"mobile":{"trigger_on_type":1,"click_action":"custom_url","return_action":"custom_url","click_action_location":"same","return_action_location":"same","redirect_url":"insights\/?_sf_s={phrase}","elementor_url":"https:\/\/www.wfw.com\/?asp_ls={phrase}","menu_selector":"#menu-toggle","hide_keyboard":1,"force_res_hover":0,"force_sett_hover":0,"force_sett_state":"none"},"compact":{"enabled":0,"focus":1,"width":"100%","width_tablet":"480px","width_phone":"320px","closeOnMagnifier":1,"closeOnDocument":0,"position":"static","overlay":0},"sb":{"redirect_action":"ajax_search","redirect_location":"same","redirect_url":"?s={phrase}","elementor_url":"https:\/\/www.wfw.com\/?asp_ls={phrase}"},"rb":{"action":"nothing"},"animations":{"pc":{"settings":{"anim":"fadedrop","dur":300},"results":{"anim":"fadedrop","dur":300},"items":"fadeInDown"},"mob":{"settings":{"anim":"fadedrop","dur":300},"results":{"anim":"fadedrop","dur":300},"items":"voidanim"}},"select2":{"nores":"No results match"},"detectVisibility":0,"autop":{"state":"disabled","phrase":"","count":10},"wooShop":{"useAjax":0,"selector":"#main","url":""},"taxArchive":{"useAjax":0,"selector":"#main","url":""},"cptArchive":{"useAjax":0,"selector":"#main","url":""},"resPage":{"useAjax":0,"selector":"#main","trigger_type":1,"trigger_facet":1,"trigger_magnifier":0,"trigger_return":0},"fss_layout":"flex","scrollBar":{"horizontal":{"enabled":1}},"divi":{"bodycommerce":0},"preventBodyScroll":0,"statistics":0,"preventEvents":0};</script><script type='text/javascript' id='asp-4d1289b6-js-before'>if ( typeof window.ASP == 'undefined') { window.ASP = {wp_rocket_exception: "DOMContentLoaded", ajaxurl: "https:\/\/www.wfw.com\/wp-admin\/admin-ajax.php", backend_ajaxurl: "https:\/\/www.wfw.com\/wp-admin\/admin-ajax.php", asp_url: "https:\/\/www.wfw.com\/wp-content\/plugins\/ajax-search-pro\/", upload_url: "https:\/\/www.wfw.com\/wp-content\/uploads\/asp_upload\/", detect_ajax: 0, media_query: "eSI2gD", version: 5076, pageHTML: "", additional_scripts: [{"handle":"wd-asp-ajaxsearchpro","path":"\/home\/dev2wfw\/public_html\/wp-content\/plugins\/ajax-search-pro\/js\/min\/plugin\/optimized\/asp-prereq.min.js","src":"https:\/\/www.wfw.com\/wp-content\/plugins\/ajax-search-pro\/js\/min\/plugin\/optimized\/asp-prereq.min.js","prereq":[]},{"handle":"wd-asp-ajaxsearchpro-core","path":"\/home\/dev2wfw\/public_html\/wp-content\/plugins\/ajax-search-pro\/js\/min\/plugin\/optimized\/asp-core.min.js","src":"https:\/\/www.wfw.com\/wp-content\/plugins\/ajax-search-pro\/js\/min\/plugin\/optimized\/asp-core.min.js","prereq":[]},{"handle":"wd-asp-ajaxsearchpro-settings","path":"\/home\/dev2wfw\/public_html\/wp-content\/plugins\/ajax-search-pro\/js\/min\/plugin\/optimized\/asp-settings.min.js","src":"https:\/\/www.wfw.com\/wp-content\/plugins\/ajax-search-pro\/js\/min\/plugin\/optimized\/asp-settings.min.js","prereq":["wd-asp-ajaxsearchpro"]},{"handle":"wd-asp-ajaxsearchpro-vertical","path":"\/home\/dev2wfw\/public_html\/wp-content\/plugins\/ajax-search-pro\/js\/min\/plugin\/optimized\/asp-results-vertical.min.js","src":"https:\/\/www.wfw.com\/wp-content\/plugins\/ajax-search-pro\/js\/min\/plugin\/optimized\/asp-results-vertical.min.js","prereq":["wd-asp-ajaxsearchpro"]},{"handle":"wd-asp-ajaxsearchpro-live","path":"\/home\/dev2wfw\/public_html\/wp-content\/plugins\/ajax-search-pro\/js\/min\/plugin\/optimized\/asp-live.min.js","src":"https:\/\/www.wfw.com\/wp-content\/plugins\/ajax-search-pro\/js\/min\/plugin\/optimized\/asp-live.min.js","prereq":["wd-asp-ajaxsearchpro"]},{"handle":"wd-asp-ajaxsearchpro-autocomplete","path":"\/home\/dev2wfw\/public_html\/wp-content\/plugins\/ajax-search-pro\/js\/min\/plugin\/optimized\/asp-autocomplete.min.js","src":"https:\/\/www.wfw.com\/wp-content\/plugins\/ajax-search-pro\/js\/min\/plugin\/optimized\/asp-autocomplete.min.js","prereq":["wd-asp-ajaxsearchpro"]}], script_async_load: false, font_url: "https:\/\/www.wfw.com\/wp-content\/plugins\/ajax-search-pro\/css\/fonts\/icons\/icons2.woff2", init_only_in_viewport: true, highlight: {"enabled":false,"data":[]}, debug: false, instances: {}, analytics: {"method":0,"tracking_id":"","event":{"focus":{"active":1,"action":"focus","category":"ASP {search_id} | {search_name}","label":"Input focus","value":"1"},"search_start":{"active":0,"action":"search_start","category":"ASP {search_id} | {search_name}","label":"Phrase: {phrase}","value":"1"},"search_end":{"active":1,"action":"search_end","category":"ASP {search_id} | {search_name}","label":"{phrase} | {results_count}","value":"1"},"magnifier":{"active":1,"action":"magnifier","category":"ASP {search_id} | {search_name}","label":"Magnifier clicked","value":"1"},"return":{"active":1,"action":"return","category":"ASP {search_id} | {search_name}","label":"Return button pressed","value":"1"},"try_this":{"active":1,"action":"try_this","category":"ASP {search_id} | {search_name}","label":"Try this click | {phrase}","value":"1"},"facet_change":{"active":0,"action":"facet_change","category":"ASP {search_id} | {search_name}","label":"{option_label} | {option_value}","value":"1"},"result_click":{"active":1,"action":"result_click","category":"ASP {search_id} | {search_name}","label":"{result_title} | {result_url}","value":"1"}}}}};</script><script async type='text/javascript' src='https://www.wfw.com/wp-content/cache/asp/asp-4d1289b6.min.js' id='asp-4d1289b6-js'></script></body> </html>