 Outside academic work Davies was a member of the Company Law Review Steering Group, whose reports eventually led to the Companies Act 2006; he is the general editor of the "Industrial Law Journal" and is Deputy Chairman of the Central Arbitration Committee.He was elected an honorary Queen's Counsel in 2006 and an honorary Bencher of Gray's Inn in 2007.Davies holds degrees from the University of Oxford (BA Jurisprudence, 1966), the London School of Economics (LLM 1968) and Yale Law School (LLM 1969).