On 10 December, federal regulators voted to approve the final Volcker Rule, which, among other things, relaxed the proposed restrictions on the ability of a non-US bank to own interests in, sponsor and engage in transactions with certain types of investment vehicles. The eased restrictions reflect an overall limitation on the extraterritorial effect of the […]
We’ve said it before, and we’ll do so again – this season’s must-have is a private equity partner. The comments piled in following the news that Hogan Lovells had taken on King & Wood Mallesons SJ Berwin (KWMSJB) PE partner Ed Harris in October, triggering speculation that Harris would take a team along with him. […]
The organisational body of the 2022 World Cup in Qatar has reshuffled its legal team, replacing general counsel Andrew Longmate with deputy Tariq Al-Abdulla. The shake-up will see Longmate, a former London partner of Latham & Watkins, become counsel to Qatar 2022 general secretary Hassan Al-Thawadi. Sources have kept quiet on whether the shake-up had been […]
Walker Morris has announced that its corporate department has reveived accolades in two separate research reports. Corporate partner Debbie Jackson has been listed as one of The Lawyer’s Hot 100 lawyers in its annual research report, which recognises lawyers across the country for their innovative and inspirational work. Jackson was recognised for her national and international client […]
Baker & McKenzie has seen two of its Hong Kong partners leaving to join US rivals Dechert and Troutman Sanders respectively. The two partners leaving Bakers’ Hong Kong office are corporate partner Rossana Chu and litigation partner Kareena Teh. Chu has joined Troutman Sanders’ Hong Kong office as a partner in the firm’s commercial and […]
CMS Cameron McKenna ramped up loans to its Russian joint venture by £3.5m last year after its share of losses in the Moscow office doubled in 2013. The firm’s UK LLP accounts filed yesterday with Companies House reveal CMS was affected by £2.2m of losses from its Moscow joint venture, up from £1.1m the previous […]
The heat is on for small firms without succession plans The recession after the global financial crisis of 2007 brought widespread malaise to the business community, and the legal profession has not been immune to infection. Greatly reduced demand for conveyancing services as the property market stagnated was just one pressure faced by law firms. […]
Prolexic Technologies, the global leader in Distributed Denial of Service (DDoS) protection services, today reported that mobile applications are being used in DDoS attacks against enterprise customers. This is one of many key findings found in the company’s Q4 2013 Global DDoS Attack Report, which was published today and can be downloaded from www.prolexic.com/attackreports. The […]
ZyLAB, leading provider of eDiscovery and Information Risk Management solutions, today publishes a new whitepaper on fraud prevention and detection. The whitepaper ‘Breaking the Fraud Triangle’ provides legal and information risk management professionals with best-practices and recommendations for Fraud Triangle Analytics (FTA) to support their internal investigations on Big Data collections in order to prevent […]
Take-up by legal firms in Central London has jumped to 621, 800 sq ft for the first three quarters of 2013, compared to less than half that amount at the end of the third quarter in 2012, just 239,200 sq ft. The dramatic rise was supported by four leasing deals of over 50,000 sq ft, […]
North East Solicitors Hewitts today announces expansion plans and a move to new premises with funding from Barclays. Hewitts Solicitors already have offices across the North East region including Stockton, Bishop Auckland, Crook, Newton Aycliffe and Darlington. As one of the fastest growing solicitors firms in the North East, it has enlarged its representation in […]
Kain Knight, one of the UK’s largest professional firms of costs lawyers, has formed a strategic alliance with VFS Legal to help law firms better manage cash flow by raising finance against their drafted bills. Under the arrangement, Kain Knight’s clients will be able to apply for funding from VFS Legal against bills that have […]