Search Results for: lawyers
Man behind GemCoin, a fake cryptocurrency, settles lawsuit for $71M
March 15th, 2017
Steve Chen is a Southern California entrepreneur who was accused by the Securities and Exchange Commission of creating a massive scheme involving GemCoin, a purported cryptocurrency that was “backed” by amber mines. He has just settled his lawsuit brought by the government. ...
Law firm in New Zealand invests $2 million in artificial intelligence
March 15th, 2017
Law firm MinterEllisonRuddWatts has invested $2 million in a joint venture exploring the potential use of artificial intelligence for legal services. Chief executive Mike Schubert, who is chair of the joint venture with angel investor Goat Ventures, said the ...
More than a third of law firms in England and Wales owned by women
March 13th, 2017
Equality in the solicitor profession is moving closer with more than a third of law firms in England and Wales now estimated to be majority-owned by women, the Law Society of England and Wales said to mark this year’s ...
The ‘robot lawyer’ giving free legal advice to refugees
March 9th, 2017
A technology initially used to fight traffic fines is now helping refugees with legal claims. When Joshua Browder developed DoNotPay he called it “the world’s first robot lawyer”. It’s a chatbot – a computer program that carries out conversations ...
Law Firms Woo London’s Fintech Scene
March 8th, 2017
Top law firms are reaching out to London fintech companies in a bid to develop relationships that could be profitable in the future. International law firms Slaughter and May and Simmons & Simmons, both with headquarters in London, are ...
PwC in US sued for MF Global’s Collapse
March 8th, 2017
MF Global, PwC Blame Each Other for MF Global’s Collapse The trial between PwC, one of the world’s largest accounting firms, and the bankrupt brokerage MF Global gets underway. The trial between one of the world’s largest accounting firms ...
International Law Firm opens office in Paris
March 6th, 2017
Ogletree Deakins, one of the largest labor and employment law firms representing management, expanded its international presence today by opening an office in Paris, France. Ogletree Deakins’ Paris office broadens the firm’s European footprint, which includes Berlin and London, ...
JPMorgan deploys software to reduce legal contract work
March 3rd, 2017
The bank has created software which reviews deals in seconds – a task that took lawyers some 360,000 hours every year. JPMorgan Chase introduced the software, COIN, for Contract Intelligence, to interpret commercial loan agreements that, until the project ...
International law firms accused of owning millions to Cayman Islands
March 2nd, 2017
Opposition members of the Legislative Assembly alleged Monday that Cayman Islands law firms have denied the nation $50 million in fees over the past decade by averting local licensing. The accusation comes amid heated debate over the proposed Legal ...
Can the entire Israeli Binary Options industry shut down?
March 2nd, 2017
At Knesset session, supporters of widely fraudulent industry that fleeces victims worldwide say bill to ban it would put 80,000 Israelis out of work. Unfazed, regulators, police and legislators vow to expedite law Two advocates for Israel’s widely fraudulent ...