Many years ago the Financial Times of London ran a competition. The task was to complete the sentence:

“My son, an actuary is . . . ”

First prize was a case of champagne.

Unsurprisingly many of the best entries came from actuaries or accountants. Some were so good that the FT decided to award three prizes.

Third prize went to:

“My son, an actuary is a man who found accountancy too exciting.”

Second prize went to:

“My son, an actuary is a cross between an undertaker and a bookie.”

But the clear winner was:

“My son, an actuary is a man who likes you to arrive dead on time.”

Who said that accountants have no sense of humour?

Chris Thorpe

Chris Thorpe is a respected independent lawyer in the upstream oil and gas industry, and an established lecturer and author. Chris has a LLB in law from Magdalene College, Cambridge and trained as a barrister in London. He worked for eight years' as an in-house lawyer for BP and Marathon. Since 1991, Chris has run his own upstream legal practice, CPTL, which has acted for many upstream clients. He has extensive experience of international upstream transactions, principally in the North Sea, the FSU, Africa and the Middle East. Chris has spoken at many UK and International Conferences and Seminars, both public and in-house. His most popular current lecture is Fundamental of Upstream Petroleum Agreements, a two-day course with accompanying book.