The cutting-edge science in artificial intelligence in law is startling, but does the tech currently offered by commercial legal providers match the hype? It’s a sign of the times: Berwin Leighton Paisner (BLP) now has its own ‘robot’. In September, the firm announced it had teamed up with tech company RAVN Systems in a deal …
Continue reading “Applied science and snake oil: AI in practice”
It feels like 2014 again as the SRA pushes for an upheaval to the PII market amid benign conditions for insuring law firms. But with negligence claims mounting, how long can the calm last? In what felt to many in the profession like a bureaucratic version of Groundhog Day, the Solicitors Regulation Authority (SRA) again …
Continue reading “Professional Indemnity – There may be trouble ahead”
With Asia overtaking Europe as the second-most wealthy region in the world, the pressure is on global private client practices to follow the money. Legal Business assesses the front runners. Whenever money changes hands, disputes follow. Between now and 2025, predictions are that 90% of the world’s private wealth will have new owners. An awful …
Continue reading “Trust and estates litigation – The great leap forward”
Wind back 12 months and the mood from the Cypriot legal community was undeniably improving. The island was meeting the terms of its €10bn bailout from Europe, following near economic collapse in 2013; the discovery of gas reserves offshore looked particularly favourable; and even the Turkish and Cypriot halves of the country had begun reviving …
Continue reading “Return of the black dog – Hard times return for Cyprus’ legal community”
When even that most venerable of Swiss industries, watch-making, comes under threat, you know the country has a problem. But this proved to be the case in the early weeks of 2015: global brand Swatch saw its share price slump 15% after the Swiss National Bank (SNB) announced on 15 January that it would abandon …
Continue reading “Aftershocks – hard decisions for Swiss lawyers amid a turbulent market”
A year ago Cyprus was heading for disaster. The banking crisis had hit hard and predictions of where it would leave the country ranged from the sublime to the ridiculous. Hyperbolic headlines screamed that Cyprus would be forced to quit the eurozone and that everybody would be out of a job. Foreign investors would leave …
Continue reading “Making bail – getting Cyprus back on its feet”
