Search Results for: law
Seven big banks settle U.S. rate-rigging lawsuit for $324 million
May 4th, 2016
Seven of the world’s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market. The settlement made public on Tuesday, ...
Lawyer Takes Aim at Volkswagen in Europe Over Emissions Scandal
April 26th, 2016
Volkswagen AG is a step closer to resolving its emissions-related legal woes in the U.S., but in Europe its troubles may be just beginning. Volkswagen last week said it was taking a €16.9 billion ($18.85 billion) charge against 2015 earnings, pushing the ...
International law firm and US based Law firm end merger talks
April 25th, 2016
Pepper Hamilton and Reed Smith said Friday they have ended merger talks just 10 days after confirming discussions had begun. Pepper Hamilton sent out an email at 6 p.m. Friday announcing the talks had broken off. “While we were intrigued when Reed Smith approached us, ...
Second international law firm enters the Law market of Iran
April 25th, 2016
Colibri Law Firm has become one of the first international law firms to establish a dedicated office in Tehran after partnering with one of Iran’s leading local law firms, Gheidi & Associates. As Colibri partner Otabek Suleimanov explains, “We ...
International law firm appoints 24 New Partners
April 22nd, 2016
Leading international law firm, Clifford Chance has today announced the promotion of 24 lawyers to its partnership. The new partners are drawn from all of the firm’s market-leading practices and reflect the range and depth of the firm’s capability ...
New Treasury report claims lawyers will be worse off as result of Brexit
April 21st, 2016
A new report issued by the Treasury has claimed lawyers and other professional services will be worse off if Britain leaves the European Union (EU) because of a reduction in access to the single market. The 200-page document, titled ...
Law firm in the cloud
April 21st, 2016
With a growing remote workforce, the law firm Farrer & Co started to move its services into the cloud. Neil Davison, IT director at Farrer & Co. says: “This change brought with it huge benefits, but also significant potential ...
Global Legal firm and Cloud Legal services LawPath have formed a strategic alliance
April 20th, 2016
Emerging businesses can face significant difficulties accessing quality legal services when raising capital or formalising employment agreements. The capital raising phase is often the first time these businesses have sought legal advice, and the process can prove time consuming, ...
Global law firm announces record number of partner promotions
April 20th, 2016
Global law firm Clyde & Co today announced the promotion of a record 16 new partners across its international network. This is an increase on last year, which reflects the firm’s strong financial performance and continued growth. This latest ...
International law firm takes advantage of market liberalisation to enter JV in Malaysia
April 19th, 2016
DAC Beachcroft is the latest firm to take advantage of market liberalisation in Asia, applying for a joint venture (JV) licence with Malaysian association firm Gan Partnership. According to Gan Khong Aik, a partner at Gan Partnership, the two firms have ...
