Law news

Latin America Fintech Boom Continues While Asia Remains in Slump

Law news - Wed, 08/14/2019 - 23:57

The latest global fintech report from data firm CB Insights found that fintech funding in LatAm hit a six-quarter high of $481 million across 23 deals for the second quarter of 2019, surpassing both China and India for the first time.

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GCs Explain Why Legal Panels Are Slimming Down

Law news - Wed, 08/14/2019 - 14:01

Organizations are slashing the number of law firms they use on panels. General counsel explain why.

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Quinn Emanuel Grabs Arbitration Partner From Shearman

Law news - Wed, 08/14/2019 - 11:29

Quinn Emanuel's hire, which sees a London partner move to New York, is the firm's latest in recent months.

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Quinn Emanuel Lawyers Seek Belgian Citizenship Amid No-Deal Brexit Fears

Law news - Mon, 08/12/2019 - 17:32

A no-deal Brexit is considered more likely since Boris Johnson became prime minister, leaving lawyers to find new ways of ensuring rights of audience.

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Quinn Emanuel, MoFo Advising Burford Following 'Market Manipulation'

Law news - Mon, 08/12/2019 - 11:22

Freshfields is also advising the litigation funder after a short-selling attack by Muddy Waters.

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After Report on Burford Model, IMF Bentham Quickly Looks to Differentiate Itself

Law news - Thu, 08/08/2019 - 18:25

The Australia-based litigation funder is seeking to draw a distinction between itself and U.K.-based rival Burford Capital, which a well-known short-seller has called ”a poor business masquerading as a great one.”

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For Texas-Based Haynes & Boone, London Growth Requires New Digs

Law news - Thu, 08/08/2019 - 14:11

The Texas-headquartered firm is set to move to a larger office after adding several lawyers since its U.K. launch three years ago.

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Hogan Lovells Narrows its South African Operations

Law news - Thu, 08/01/2019 - 17:38

The firm will split from its non-integrated business to open a new, more tailored base.

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KPMG's New Global Legal Services Head Eyes Expansion

Law news - Wed, 07/31/2019 - 21:58

In an interview with, Stuart Fuller said more growth will occur in Canada, Latin American and the Asia Pacific. He also offered his view on how the Big Four fit into a legal services profession dominated by traditional law firms.

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Recruiters Are Playing Dirty in the Push for Private Equity Talent

Law news - Tue, 07/30/2019 - 22:29

U.K. partners say recruiters are using deceptive tactics in the heated hiring market.

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Accounting Firm Moves Into Legal Services in Australia

Law news - Tue, 07/30/2019 - 21:31

Much like the Big Four accounting firms, Moore Stephens plans to integrate its new legal services division with its existing tax, accounting and business advisory services.

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Dispute Erupts Over Whether U.K. Lawyers Can Practice Irish Law

Law news - Mon, 07/22/2019 - 14:25

The outcome has major implications for U.K. firms planning their post-Brexit strategies, as many upped the number of Irish-qualified lawyers. But can those lawyers practice Irish law from their London offices?

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Mishcon de Reya Eyes Options for Third-Party Funding

Law news - Mon, 07/22/2019 - 12:31

The firm is exploring a public listing or stake sale to fund its growth strategy, in what would be one of the industry's most closely watched test cases for taking third party investment.

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Hogan Lovells Australia Plans to Double in Size in Next 3 Years

Law news - Thu, 07/18/2019 - 20:53

Australia managing partner Scott Harris said the firm hopes to have about 15 partners across its Australia offices.

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Law Firms Rake in Millions, Staff Up Compliance Chops in Post-'Operation Car Wash' Brazil

Law news - Tue, 07/16/2019 - 18:00

Operation Car Wash has led to a culture of compliance in Brazil that previously did not exist, lawyers say.

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Why Do Some Australian Firms Shun Tie-Ups and Prefer to Go It Alone?

Law news - Mon, 07/15/2019 - 18:40

A host of Australian firms have merged with Big Law and Magic Circle firms in recent years. But some firms argue they are better off remaining independent.

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Leaders Bemoan Recent Salary Wars as U.K. Firms Vie With U.S. Shops for Talent

Law news - Fri, 07/12/2019 - 11:41

Many leaders questioned why Freshfields, or any other firm, would start increasing starting salaries for associates, but others say British firms had to respond in order to compete with U.S. firms in the city.

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How Far Will the Growing Use of AI to Build Legal Panels Go?

Law news - Mon, 07/08/2019 - 13:36

"AI will likely be used more and more to assess quality and costs of legal advisers,” says Paul Hastings' AI co-chair Sarah Pearce. It follows a recent trend that has seen banks and corporations using AI to assemble their legal panels.

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French Attorneys Now Want a Data Analytics Ban That Applies to Lawyers

Law news - Mon, 07/08/2019 - 08:00

The demand by the French bar follows the passage of a law in France that criminalizes the use of data analytics to assess patterns in judges' court decisions.

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A Magic Circle Firm Goes on the Attack in the War for Talent

Law news - Fri, 06/28/2019 - 12:30

Freshfields surprised the market by moving first in raising its salary for newly qualified lawyers to £100,000.

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