When the global financial crisis (GFC) loomed over the West, multinationals turned their attentions to emerging markets, including many in Asia Pacific. Fast forward to 2015, and jurisdictions like China, Hong Kong and Singapore are key locations for global business, with a huge amount of foreign investment and a driving seat in the world markets. Continue reading “Green shoots: the growth of newlaw in Asia Pacific”
Dinner with GC: New York
Catherine McGregor (CM): What are the challenges for in-house legal departments when you’re traversing a large number of geographies and trying to communicate across a dispersed department or business?
Richard Nohe: We look at things from a number of different matrix perspectives. You have the geography or the jurisdiction, you have the line of business, then you have the subject matter expert or centres of expertise. Continue reading “Dinner with GC: New York”
Shopping around
GC: Was law your first career?
Maksim Arefiev (MA): My first profession was as a military translator and I served as an officer in the Russian military forces. I participated in several peacekeeping missions in the former Yugoslavia. While on these missions I not only worked as a translator, but also performed the function of civil observer. I worked on a wide variety of challenging tasks, such as resolving conflicts between the Serbian police and Kosovo Albanians, participating in humanitarian missions, and participating in the investigation of various military crimes. Upon my return from Kosovo, I decided to go to law school and become a lawyer. Continue reading “Shopping around”
GC Powerlist: Russia
Russia, the largest country in the world by territory, has a unique geographic location that allows it to serve as a bridge between Europe and Asia. Emerging from a decade of post-Soviet economic turbulence, the country has moved from economic isolation to become a country that is well-integrated in the global markets. The ‘90s saw privatisation of most sectors in the economy, with the exception of defence and energy. Continue reading “GC Powerlist: Russia”
Your business matters… Top tips for case management
With pressure to increase capacity, work collaboratively and have management information at the GC’s fingertips, many in-house departments turn to a case management system. A clever one can bridge gaps caused by time zones, streamlining even multinational teams. Continue reading “Your business matters… Top tips for case management”
Best practice or not best practice? That is the question
Is a sales person closing deals worth ‘ten million’ doing a good job? At first glance, it’s impossible to tell. The first thing you need to find out is: what currency? A ten million deal in pounds sterling is better than a ten million deal in US dollars, but the latter is still a decent size. Continue reading “Best practice or not best practice? That is the question”
Revolving doors: National, boutique and US firms all make key hires
Recently floated Birmingham-based firm Gateley has turned to recently merged Midlands rival Shakespeare Martineau for its latest lateral hire, taking partner Catriona Attride to head its national private client team. Attride had led Shakespeare Martineau’s national private client team for four years.
Continue reading “Revolving doors: National, boutique and US firms all make key hires”
Toughening up: UK watchdogs clamp down on corporate wrongdoing as fines spike 270%
Regulatory partners expect a busy 2016 as EY figures show UK regulators have ramped up the number of fines and sentencing for corporate wrongdoing.
‘Wholly unacceptable’: Simmons & Simmons advises as Barclays hit with record FCA fine
Barclays turned to Simmons & Simmons for advice during a recent Financial Conduct Authority (FCA) inquiry into deals for wealthy clients, which resulted in a £72m fine for the bank last week.
‘A new dimension’: Taylor Wessing appoints WLG partner to head contentious trusts practice
Taylor Wessing has enhanced its City private client credentials with the appointment of contentious trusts and litigation partner Emma Jordan, who joins from Wragge Lawrence Graham & Co (WLG) where she will lead the firm’s practice and ‘add a new dimension to [its] contentious capability.’
Hamlins boosts media offering with senior BBC lawyer hire
West End firm Hamlins has enhanced its media offering with the recruitment of BBC lawyer Julian Ward, who after a decade in-house, will join the firm’s media and entertainment practice as a partner.
Continue reading “Hamlins boosts media offering with senior BBC lawyer hire”
Herbert Smith Freehills renews commitment to Singapore with local firm alliance
Herbert Smith Freehills (HSF) has established a formal alliance with Singapore firm Prolegis, almost two years after it chose not to renew its licence to practise locally.
Continue reading “Herbert Smith Freehills renews commitment to Singapore with local firm alliance”
Mixed reviews over impact of first SFO deferred prosecution agreement
Corporate crime specialists are divided over the likely impact of Lord Justice Leveson’s approval of the UK’s Serious Fraud Office’s deferred prosecution agreement (DPA) with ICBC Standard Bank (formerly Standard Bank).
Continue reading “Mixed reviews over impact of first SFO deferred prosecution agreement”
‘Opportunity-filled economies’: Dentons to launch in Latin America with proposed local tie-up
Days after announcing its fifth merger of 2015 with Luxembourg outfit OPF Partners, Dentons has today (30 November) announced it will launch a presence in Latin America and the Caribbean, and is considering combining with Colombia’s Cárdenas & Cárdenas, and Mexico’s López Velarde, Heftye y Soria (LVHS).
Plea pioneers: HSF advises bank on first deferred prosecution agreement with SFO
Herbert Smith Freehills (HSF) is advising ICBC Standard Bank on its deferred prosecution agreement (DPA) with the UK Serious Fraud Office (SFO) – the first deal to be struck since DPAs came into force in February 2014.
Continue reading “Plea pioneers: HSF advises bank on first deferred prosecution agreement with SFO”
Guest post: Innovation makes you dodgy. Discuss
Those of you who follow my work closely (*hello mum and dad*) will observe that I am a cautious proponent of innovation but – because the day job demands it and because it is interesting – I also spend some time talking and writing about the ethics of innovation.
Continue reading “Guest post: Innovation makes you dodgy. Discuss”
Free agents: SRA could allow solicitors to practise outside regulated firms
As part of yet another review of how it manages the profession, the Solicitors Regulation Authority (SRA) is mulling a ‘fundamental shift away from prescriptive rules’ with a proposal to allow practising solicitors to give advice from unregulated firms.
Continue reading “Free agents: SRA could allow solicitors to practise outside regulated firms”
The £250m ‘expertise merger’: Irwin Mitchell agrees takeover of south east stalwart Thomas Eggar
After six months of talks national firm Irwin Mitchell and LB100 firm Thomas Eggar have voted to approve their union, creating an £250m firm with plans to establish a leading private wealth business.
Addleshaws abandons ‘bottleneck’ reforms restricting senior exits amid all-equity partnership shake-up
Addleshaw Goddard‘s leadership has floated a major shake-up of its partnership terms and governance structure in what promises to be a sensitive process as the firm holds merger talks with Maclay Murray & Spens.
Guest post: Osborne’s bizarre personal injury proposals
Many of us watched the Chancellor’s Spending Review speech because of controversial proposals such as cuts in tax credits for the low paid. He gave us a pleasing U-turn on that. Then he surprised us all with an attack on lawyers and victims of accidents. Don’t ask me what this had to do with a review of public spending.
Continue reading “Guest post: Osborne’s bizarre personal injury proposals”
