The UK Financial Conduct Authority (FCA) announced on 27 July 2017 it would no longer require that banks that are members of the Libor panel be obliged to communicate a daily rate after 2021. 2021 is perhaps not tomorrow, but it is definitely very soon after tomorrow. Financial institutions should now review their Libor-based contracts …
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State court litigation and private arbitration proceedings require practitioners to combine legal thoroughness and the management of evidence with strategic ingenuity. Understanding court processes, legal practice and tactical procedural advantages all add up to sound advice in contentious legal matters. Dispute resolution in all its appearances enjoys a longstanding tradition at Prager Dreifuss. Our attorneys …
CM Murray is a leading specialist partnership and employment law firm based in London. The firm is ranked by the legal directories as Tier 1 for both of its practice areas, and enjoys a market-leading reputation for advising professional and financial services firms on sensitive and complex cross-border partnership and employment law issues. The breadth …
Ten years ago, very few large law firms needed external legal advice on dealing with their regulator. This was because the Solicitors Regulation Authority (SRA) would normally only take action against an individual within a firm rather than the firm itself. Since then, the SRA has increasingly used its powers to regulate entities and shown …
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An oft-cited phrase from partners of law firms is that ‘the partners are the guardians of the firm for the next generation of lawyers’. However, cultural changes and behavioural traits, particularly those of Generation Y and Millennials, has – and is – leading certain professional services firms to consider the appropriateness of their existing corporate …
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Gus Sellitto of Byfield Consultancy discusses the trends he is seeing in legal PR and the role of external advisers When someone’s in trouble, they call their lawyer, but who do lawyers call in a crisis? With over 20 years’ experience in the legal PR industry, Gus Sellitto is well known for both defending and …
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The risks and exposures facing law firms have dramatically changed over the last decade. The legal industry now faces a significantly more complex risk landscape and one that will continue to evolve as technology transforms the way firms operate.The risks and exposures facing law firms have dramatically changed over the last decade. The legal industry …
Leading a law firm has always been demanding, but the extent and pace of change engulfing the global legal industry today is undoubtedly taking the challenge to a new level. As a result, leaders of firms are understandably seeking additional guidance and insight as they navigate a complex strategic landscape clouded by unprecedented levels of …
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Aon’s Giles Bentley examines the financial and employee risks facing law firms Giles Bentley, managing director and head of professions at Aon – a leading global professional services firm providing a broad range of risk, retirement and health solutions – gives insight on some of the biggest financial and employee risk questions facing law firms …
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K2 Intelligence’s Darren Matthews on what successful asset search and recovery looks like Understanding the form, value and recoverability of an adversary’s assets is an essential part of legal strategy in any dispute. What may appear relatively simple – locating material assets and determining their value – invariably turns complex when assets are held through …
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