Search Results for: PRA
Citi’s Law Firm Predictions: It’s Back to Slow Growth
December 30th, 2015
The relative success law firms found in 2014 was an aberration, not the new norm, according to year-end predictions for the industry from Citi Private Bank’s Law Firm Group and Hildebrandt Consulting. Profit growth this year and next year ...
Facebook class action lawsuits to go ahead
December 30th, 2015
Two US class action lawsuits against Facebook by shareholders alleging it hid growth concerns ahead of its 2012 public listing can now go ahead. A federal judge certified the legal proceedings, Reuters reports, saying investors who claim they lost ...
Cisco wins U.S. patent dispute over wifi technology
December 29th, 2015
Cisco Systems Inc did not infringe a patent holding company’s wifi technology, a U.S. appeals court ruled on Monday, reversing a near $64-million judgment against the networking equipment maker in the long-running patent dispute. After eight years of litigation ...
Barclays has two blockchain ‘labs’ in London and is planning 45 experiments with the technology
December 28th, 2015
Like pretty much every other major bank at the moment, Barclays is very interested in the potential of the blockchain, the technology that underpins bitcoin. The Sunday Times reported this week that Barclays is planning to let charities accept bitcoin later ...
11 Bitcoin Startups That Went Bust in 2015
December 28th, 2015
This year was a time of further consolidation for the bitcoin industry. After what you might call a ‘Wild West’ period (when it seemed everyone with the urge was setting up their own bitcoin-based service), the space is now rapidly becoming ...
The Cashless Society Cometh: European Nations Such As Sweden And Denmark Are ‘Eradicating Cash’
December 28th, 2015
Did you know that 95 percent of all retail sales in Sweden are cashless? And did you know that the government of Denmark has a stated goal of “eradicating cash” by the year 2030? All over the world, we ...
Deloitte, KPMG, PwC and four others empanelled for RBI Information Systems Audit
December 28th, 2015
Deloitte, KPMG, PwC and four others have been empanelled by the Reserve Bank of India for conducting audit of information systems of the central bank. The other agencies are AAA Technologies, Auditime, Digital Age Strategies and Mahindra SSG. “With ...
Accounting firms have pushed into legal but will law push back?
December 28th, 2015
While big-four accounting firms have bulked up their legal services this year, law firms have missed the opportunity to diversify, says an analyst at the Commonwealth Bank of Australia (CBA). Marc Totaro, the national manager of professional services at ...
BVI Removed From French ‘Blacklist’
December 28th, 2015
The British Virgin Islands (BVI) has been removed from France’s list of non-cooperative tax jurisdictions as a result of greater cooperation between the jurisdictions. The BVI said it had responded to almost all of France‘s requests for information to ...
Top former A&O partner charged in Petrobras probe
December 23rd, 2015
The Allen & Overy partner who used to be head of its Dutch practice has been charged by the Brazilian Public Prosecutor’s Office in relation to the long-running investigation into oil giant Petrobras. Sietze Hepkema was also the global ...
