According to data from this year, 39 Asian companies have successfully increased their funding by over $740 million as a result of initial public offerings (IPOs) in New York. A notable instance among this group is the Chinese sensor maker, Hesai Group. In February, Hesai Group, represented by Skadden, Arps, Slate Meagher & Flom, Commerce…
International law firm Baker McKenzie has announced a joint venture with the Korean international dispute resolution law firm, KL Partners. This venture marks the second time a foreign law firm has been permitted to practice Korean law since the country opened its legal market in 2011. This initiative, transitioning under the name Baker McKenzie &…
In light of recent events, an unprecedented attack by Hamas on Israel has sparked significant concern. According to an eaerly Sunday morning report by JURIST, Israel has confirmed over 600 deaths and more than 2,000 injuries, an estimated 100+ kidnapped, and hundreds still missing following Saturday’s unexpected offensive by Hamas. Hamas launched over 4,000 rockets…
This article brings to light the dangerous ordeal citizens of Israel have recently been facing. As reported by Tamar Silam, a law student at Buchmann Faculty of Law at Tel Aviv University studying legal developments in Israel for JURIST, the country is currently undergoing a horrifying shift in its environment. Citizens woke up to a…
Law firms holding client money might find themselves under increased scrutiny from U.K. regulator, the Solicitors Regulation Authority, due to the potential income from higher interest rates accrued on these funds. As the base interest rate in the U.K. has jumped from 0.1% in 2021 to 5.25% in August 2023, law firms holding client money…
Over the last year, notable changes have been observed in Australia’s law recruitment practices. As opposed to a period of high demand for partners and associates, law firms across the country have begun to tread a more selective path when it comes to hiring. This increased prudence was unprecedented, especially considering the earlier inclination of…
Recent succession of legal office openings by high-profile firms such as Quinn, CMS and Nishimura has garnered attention in the legal industry. Yet, these expansions may represent more than just routine growth and could be indicative of larger strategies at play, as noted in a recent article by Law.com. Legal firms are increasingly seeking to…
A federal judge in Oklahoma has permitted a ban on gender-affirming care for minors to take effect. According to the opinion issued by Judge John Heil, III, the plaintiffs requesting injunctive relief failed to demonstrate a probability of prevailing on the substance of their multiple constitutional appeals. The law in question is SB 613, which…
On Friday, New Mexico District Judge Fred T. Van Soelen dismissed a Republican challenge to the state’s congressional map that claimed the map disproportionately favors Democratic candidates. This case was processed in the New Mexico County of Lea Fifth Judicial District Court. Judge Soelen concluded that the congressional map does not infringe upon Article II,…
In the current age of digitalization, Big Data, and the use of personal information in business, data privacy laws are becoming increasingly salient. The United States, however, continues to grapple with the absence of a federal data privacy and breach law. Attempts by Congress to broker a deal have consistently been impeded by robust lobbying…