{"id":349707,"date":"2025-06-05T10:30:29","date_gmt":"2025-06-05T05:00:29","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=349707"},"modified":"2025-06-05T11:08:04","modified_gmt":"2025-06-05T05:38:04","slug":"lidw-2025-lord-karan-bilimoria-on-business-law-and-democracy-in-a-changing-world","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/06\/05\/lidw-2025-lord-karan-bilimoria-on-business-law-and-democracy-in-a-changing-world\/","title":{"rendered":"\u2018You need law on every stage; Democracy often taken for granted\u2019: Lord Karan Bilimoria on Business, Law, and Democracy at LIDW 2025"},"content":{"rendered":"
\n

At the LIDW 2025 Main Conference, a session titled “View from Business”<\/span> featured Lord Karan Bilimoria, Chairman of the International Chamber of Commerce (ICC) UK, in a thought-provoking conversation with Poonam Melwani KC, Head of Chambers at Quadrant Chambers.<\/p>\n

\"\"<\/p>\n

In the chat at LIDW 2025 Main Conference that was both candid and deeply inspiring, Lord Karan Bilimoria, Founder and Chairman of Cobra Beer and Chairman ICC UK, captivated the audience with his entrepreneurial journey, legal learnings, and reflections on leadership. Recalling his formative years at Cambridge, Lord Bilimoria shared how the idea of Cobra Beer evolved during his time as a law student: “It wasn’t one of these eureka moments where I jumped out of the bath naked and ran down the streets of Cambridge. It was an idea that evolved.”<\/span> Forgoing the conventional path of joining a law firm or investment bank, he took a leap into entrepreneurship right after university: \u201cInstead of going into a job in accountancy or investment banking or becoming a lawyer or an accountant, I set up Cobra Beer. And that was my business journey.\u201d<\/span><\/p>\n

Emphasising how his legal education shaped his entrepreneurial mindset, he recalled advice from the Dalai Lama. This idea of \u2018wide thinking<\/span>\u2019, he said, became a lifelong mantra, helping him navigate obstacles with creativity and composure. He stressed how legal knowledge is indispensable in business, particularly in protecting intellectual property and navigating contracts: \u201cContracts are really cool,\u201d<\/span> he quipped, as he recounted how Cobra Beer\u2019s first five-year contract with an Indian brewery laid the foundation for what would later become a UK manufacturing partnership with Charles Wells Brewery.<\/p>\n

On the interplay of business and law, he remarked that, \u201cin building the business, there’s no running away from it. You need the law on every stage\u201d<\/span> \u2014 from registering trademarks and drafting contracts to resolving international disputes. He explained how Cobra Beer\u2019s success was as much a legal journey as a commercial one, involving cross-border agreements, intellectual property protection, and strategic navigation of regulatory systems. His sole litigation experience\u2014taking a global bank to court over unfair invoice discounting\u2014further illustrated the importance of legal resilience and faith in judicial systems.<\/p>\n

In a striking anecdote, he recalled taking on a major global bank in court over unfair invoice discounting fees\u2014his only litigation experience in decades of business. \u201cMy accounting professor once said: \u2018This is the case of law and the bank. Before we go into the details of the case, remember\u2014the bank always wins.\u2019 So in this case, the bank didn\u2019t win. I won the case,\u201d<\/span> he said with pride. \u201cIt wasn\u2019t a pleasant experience, but you have to have faith in this country and its judicial system.\u201d<\/span><\/p>\n

Reflecting on the UK’s legal legacy, he affirmed: \u201cIf you think about it, which is the country that is most respected when it comes to the law? And it is this country, by far.\u201d<\/span> He also praised the resilience and indispensability of the legal profession with his signature wit: \u201cWhether they win the case for one or the other side, [lawyers are] going to get their fees. So, it\u2019s good to be in the law.\u201d<\/span><\/p>\n

Lord Bilimoria also spoke passionately about the role of democracy, particularly in the face of global instability. He underscored how fortunate countries are to have functioning democracies and the Rule of Law. \u201cWe often take the rule of law, democracy and democratic stability for granted\u201d<\/span>, he said, reminding the audience that legal and democratic institutions are fundamental to peace, progress, and business confidence.<\/p>\n

The session served as a masterclass in how legal training can underpin entrepreneurial success. Lord Bilimoria\u2019s six principles of business, coupled with his personal anecdotes and authenticity, left the audience both inspired and empowered. These 10 Ps he believes are essential to building a successful business: (1) Product and exit product (2) Price (3) Promotion (4) Place (5) People (6) Financial Prudence (7) Passion (8) Partnership (9) Profit (10) Principles. Lord Bilimoria\u2019s six principles of business, coupled with his personal anecdotes and authenticity, left the audience both inspired and empowered.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In a wide-ranging conversation, Lord Karan Bilimoria, CBE, DL reflected on how legal training underpins entrepreneurial resilience, from trademark protection to navigating complex commercial disputes.<\/p>\n","protected":false},"author":67517,"featured_media":349721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[42903,2],"tags":[31142,3800,29785,57375,82498,83029],"class_list":["post-349707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events-and-webinars","category-news","tag-business","tag-democracy","tag-law","tag-law-and-business","tag-lidw-2025","tag-lord-karan-bilimoria"],"yoast_head":"\nLIDW 2025: Lord Karan Bilimoria | SCC Times<\/title>\n<meta name=\"description\" content=\"LIDW 2025: \u2018You need the law in every stage\u2019: Do not miss Lord Karan Bilimoria's address on Business, Law, and Democracy\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2025\/06\/05\/lidw-2025-lord-karan-bilimoria-on-business-law-and-democracy-in-a-changing-world\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018You need law on every stage; 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