Law news

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.

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

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

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.

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

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.”

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

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

In an interview with Law.com, 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.

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

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.

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?

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.

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

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

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.

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.

"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.

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.

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