Search Results for: law
Law firm invests in artificial intelligence to increased efficiency and low clients costs
October 6th, 2016
McCann FitzGerald leads legal innovation in Ireland Premier Irish law firm McCann FitzGerald today announced its investment in artificial intelligence software from leading software provider Kira Systems. Having successfully trialled the state-of-the-art Kira software, it will be deployed in ...
Lawyers ask for $300 million in fees in VW scandal settlement
October 6th, 2016
Plaintiff lawyers who helped negotiate a potential $10 billion settlement with Volkswagen over the diesel emissions scandal fired back at critics who question their request for more than $300 million in fees for negotiating terms that are largely overlapped ...
Law firm introduce penalty system for lawyers; If fail to hit seven hours of work, their computer will block
October 5th, 2016
London-based law firm Howard Kennedy has introduced a penalty system in which lawyers – including partners – who fail to clock up seven hours of work per day will have their computers blocked. Fee-earners must average at least 5.6 ...
Over 50 lawyers have formed the Digital Currency coalition
October 4th, 2016
Over 50 lawyers that focus on the legal issues facing digital currency users have formed a coalition to connect their users with pro bono legal resources. Organizations like the ACLU, the Institute for Justice, and the EFF have long ...
Multinational law firm signed a deal with an AI software developer
September 28th, 2016
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has announced a strategic partnership with machine learning software provider, Kira Systems. The firm will use Kira in its Legal Services Centre to support efficient delivery of transactional work across all practice groups. The ...
Japan banks target fintech start-ups after law change
September 26th, 2016
Change to 5% ownership cap part of national effort to push financial technology Japan’s biggest banks are looking to pour hundreds of millions of dollars into fintech start-ups after the abolition of a law that prevented them from owning more than ...
SRA warns law firms about investment schemes
September 23rd, 2016
The Solicitors Regulation Authority (SRA) has issued a warning notice has been published telling solicitors about the risks of involvement in such schemes after a number of reports were received of law firms being linked to potentially fraudulent incidents where ...
Deutsche Bank Woes Sparks Concern Among German Lawmakers
September 23rd, 2016
Social Democrat members said to have discussed bank’s finances Biggest German lender creeps into Berlin’s political debates Deutsche Bank AG’s finances, weakened by low profitability and mounting legal costs, are raising concern among German politicians after the U.S. sought ...
Lawyers must rebuild trust – Christine Lagarde
September 22nd, 2016
Lawyers have a key role to play in rebuilding public trust in institutions, the head of one of the globe’s most important bodies told thousands of lawyers gathered for the IBA’s annual conference. Christine Lagarde, managing director of the ...
CySec announced law violations by Cyprus Popular Bank Public Co Ltd and fined Members of its Board
September 21st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that the Commission has examined the matter of compliance of Cyprus Popular Bank Public Co Ltd with the Insider Dealing and Market Manipulation (Market Abuse) Law and ...
