Search Results for: law
Demand soars for lawyers in Hong Kong and Singapore
May 6th, 2015
Legal and compliance jobs top the list, according to the Robert Walters Asia Job Index. Data for Q1 shows legal and compliance job advertising growing 38 per cent, year on year, in Hong Kong and 30 per cent in ...
Bank of America to Pay $180 Million to Settle Investors’ Forex Lawsuit
April 30th, 2015
BofA says cost of settlement will be covered by existing reserves Bank of America Corp. has agreed to pay $180 million to settle a lawsuit by private investors who accused the bank and others of manipulating foreign-exchange rates. The bank’s decision ...
Big Four to beat law in dumping the billable hour
April 29th, 2015
Pricing experts have predicted that accounting firms will scrap the billable hour before law firms, but neither sector is willing to change. Steve Major (pictured), founder of consultancy Pricing Power, told Lawyers Weekly that accounting firms are moving away from the ...
Moody’s: New Spanish securitisation law aims to boost domestic financial sector
April 28th, 2015
Spain’s new securitisation law, which aims to stimulate the country’s financial sector, will provide a more flexible framework for securitisation transactions and, as such, will be beneficial for new Spanish securitisations across the asset-backed securities and covered bond markets, ...
Nasdaq to settle Facebook IPO lawsuit for $26.5 million
April 27th, 2015
In a first for a U.S. stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million (17.60 million pounds) to settle a class-action lawsuit involving its bungling of Facebook Inc’s $16 billion initial public offering, the plaintiffs’ lawyers said. ...
Lawyers are more faithful to their roles compared to 2014
April 24th, 2015
Millennials, however, are likely to look for a new role within six months of first job Law firms might have to ‘turn on the charm’ in year three of their employee’s career, a new report has revealed, as lawyers ...
Law firms prepare to mimic corporate client structure in future
April 24th, 2015
The big trend expected to spread across many law firms in the next five years is a move to the corporate structure used by many of their clients – a shift from the last five years in which the ...
Chinese lawmakers protect retail investors
April 24th, 2015
Chinese lawmakers called for better protection for retail investors in the stock market while discussing an amendment to the Securities Law on Wednesday. The Standing Committee of the National People’s Congress (NPC) is weighing a revision requiring a more ...
Lawyers warned that legal automation could dull their brains
April 23rd, 2015
Lawyers need to be careful not to lose some of their ‘deep human talent’ in the coming years as software systems take over many of their traditional tasks – a process which has dulled human expertise in other sectors, ...
Law firm leaders predict revenue rises will be linked to lawyer mobility
April 20th, 2015
A group of 20 law firm leaders has unanimously agreed that the ability to provide mobile working and to reduce dependence on office space could drive revenue growth – and that firms who neglect this area could struggle to ...
