Search Results for: law
Why Japan’s plan to raise the number of lawyers it hasn’t worked out
April 4th, 2016
Japan is struggling with an unlikely problem: Its people aren’t litigious enough. Fifteen years ago, the nation kicked off a plan to double the number of lawyers. Officials thought they could breathe dynamism into society by mimicking the Western ...
Hackers Breach Law Firms, Including Cravath, Weil Gotshal
March 30th, 2016
Federal investigators explore whether cybercriminals stole confidential information to be used for insider trading Hackers broke into the computer networks at some of the country’s most prestigious law firms, and federal investigators are exploring whether they stole confidential information ...
R.B.S. Hires Former Barclays Lawyer as General Counsel
March 29th, 2016
The Royal Bank of Scotland said on Thursday that it had hired a top lawyer who used to work at its British banking rival Barclays to serve as its new general counsel. The lawyer, Michael Shaw, served as deputy ...
Innovation in legal services is a win/win for the economy, law firms and the users of legal services
March 28th, 2016
Greater innovation in the legal services market is important for UK PLC, law firms and the users of legal services. The successful SRA Innovate conference on Tuesday, at London’s Altitude 360, brought together more than 100 original thinkers from ...
France fines Google for breaking ‘right to be forgotten’ law
March 28th, 2016
The nation can’t control what people access outside its borders, Google says. Europe’s “right to be forgotten” law is a boon to privacy, helping individuals hide embarrassing Facebook posts and other “out-of-date and irrelevant” results from search engines. However, ...
Asia-Pacific law firms enjoy biggest slice of IPO pie
March 25th, 2016
IPO activity is in a worldwide slump, but new research from accounting giant EY has shown that the Asia-Pacific region is still dominating in public listings. According to the latest EY report, the Asia-Pacific region accounted for 61 per ...
FSMA warns the public against the activities of supposed law firms
March 24th, 2016
The Financial Services and Markets Authority (FSMA) has issued a press release to warn the public against the activities of the supposed law firms Cole & Rushton LLC and Ernst & Taylor LLP, which are offering to help victims ...
Multinational law firm to cut 15% of Europe and Middle East partnership
March 24th, 2016
Asia-headquartered global firm King & Wood Mallesons is cutting 15% of partners in its Europe and Middle East practice as part of a restructuring. The cut will mean that up to 24 of the firm’s 160 partners will depart. ...
Bangladesh Bank eyes NY Fed lawsuit after cyber theft
March 23rd, 2016
Bangladesh Bank (BB) – the country’s central bank- is considering filing a lawsuit against the Federal Reserve Bank of New York after cyber hackers stole $81m (£57m) from its account. BB has hired a US lawyer, but has not ...
The ECB and John Law
March 21st, 2016
Last week, the ECB extended its monetary madness, pushing deposit rates further into negative figures. It is extending quantitative easing from sovereign debt into non-financial investment grade bonds, while increasing the pace of acquisition to €80bn per month. The ...
