In a recent candid revelation, Nav Sahota, a partner in Reed Smith’s London office, discussed the micro-aggressions she faced as a legal professional. Her experiences are detailed in an article published in honour of South Asian Heritage Month. Sahota expressed that her journey in the legal realm was kickstarted at an early age with a…
In the recent daily compliance news update dated August 7, 2023, Compliance Evangelist Thomas Fox delves into four major happenings within the business, leadership, risk management, compliance, and ethics world, a useful round-up for legal professionals navigating global corporate environments. The full video podcast can be watched for a comprehensive understanding of the coverage. One…
Simon Grieser, a founding partner of Reed Smith’s Frankfurt office and a member of its Financial Industry Group, is set to join Deloitte Legal. Scheduled to commence this role as a partner on September 1, 2023, Grieser will be a key addition to Deloitte’s advisory team in Frankfurt, Germany. His advisory expertise will be tapped…
The strategy and demeanor of a general counsel (GC) can decisively sway the outcome of a regulatory issue. This position was articulated by Australia’s financial industry regulator at the 9th Annual General Counsel Summit in Sydney on August 7, 2023. Sarah Court, the Deputy Chair of the Australian Securities & Investments Commission (ASIC), during her…
In the ever-evolving realm of corporate compliance, the Justice Department’s recent revisions to its Corporate Enforcement Program and Evaluation of Corporate Compliance Programs highlight a renewed emphasis on compensation systems and consequence management. This paradigm shift and its implications were discussed extensively in a recent podcast episode titled Episode 284 — How to Implement a…
Norton Rose Fulbright has expanded its capital markets expertise with the recent hiring of Ethan Chen, a partner from Kirkland & Ellis, who will be based in Hong Kong. Chen has considerable experience in initial public offerings (IPOs), U.S. registered equity and debt offerings, Rule 144A/ Regulation S offerings, and listings in Hong Kong. He…
Travis County District Judge Jessica Mangrum recently issued a temporary injunctive order, obstructing the enforcement of a Texas abortion ban for individuals experiencing pregnancy complications. Despite this, the Texas state attorney general’s office swiftly appealed the order to the Texas State Supreme Court. This action places the ban back into full effect until the State…
For those who observe the legal landscape, the idea of U.S. law firms making big moves in London is not a new phenomenon. Over the years, we’ve seen waves of aggressive tactics; from poaching talent from the revered Magic Circle firms, to inflating salaries and inciting talent wars. However, recent trends suggest that these firms…
For the second time in four years, Agence France-Presse has issued a lawsuit against a major media platform over non-negotiated payments for online content use. The platform in question is X, previously recognized as Twitter. Filed in a French court, AFP seeks to obligate X for dialogues concerning potential compensation for sharing AFP’s articles and…
Notable modifications to the Russian legal landscape were set in motion on Friday when Russia passed a law that grants courts the power to strip foreign owners from what it terms ‘hostile countries’ of their stakes in key Russian entities. The move is cited as an effort to shield strategic companies from foreign influence. The…
Jack Smith, the Special Prosecutor overseeing former President Donald Trump’scase relating to theJanuary 6th Insurrection and alleged election meddling, filed amotion on Saturday. The motion called for aprotective order to restrain Trump from publishing certain evidentiary materials, reacting tostatements made on Trump’s social media platform. Smith’s motion voiced concerns that if the defendant started publicly…
Afghan refugees living in the UK are facing homelessness following government-led evictions from accommodations provided in hotels, according to local government officials. This unsettling situation comes at a time when inadequate long-term housing availability intensifies the crisis, attributing homelessness to about 20% of Afghan refugees exiting the hotel accommodations per anecdotal accounts, as indicated by…
Iraq’s Ministry of Communications announced on Sunday that it had imposed a block on the messaging application Telegram, citing national security concerns. The underlying reason for this restriction, according to the ministry, was to protect users’ personal data, which it claimed the app had mishandled. The statement claimed that this decision emanated from guidance from…
Confirming a significant judicial decision, the US Court of Appeals for the Second Circuit approved Connecticut’s Public Act 21-6, terminating religious exemptions from the state’s immunization requirements. The legislation originally aimed to cover children in schools, students in higher education, and participants in child care. Circuit Judge Denny Chin shared the court’s primary opinion. He…
The United Nations Human Rights office in Uganda has been closed, as announced by the UN High Commissioner for Human Rights, Volker Türk, last Thursday. Türk cited the East African country’s decision not to renew an agreement enabling the office’s operation as the principal reason for this closure. Simultaneously, he conveyed substantial apprehensions regarding the…
The Chinese government recently published a draft of proposed regulations that could potentially compel specific data processors to undergo annual or biennial audits. This first draft, labeled as the “Administrative Measures for Compliance Auditing of Personal Information Protection”, has been unveiled on the Chinese Cyberspace Office’s website, marking a significant regulatory move in Asia’s largest…
In the most recent episode of ‘Trekking Through Compliance,’ titled “Wink of an Eye,” some intriguing observations about legal compliance are highlighted against the backdrop of a classic Star Trek storyline. The episode, originally aired on November 29, 1968 and set on Star Date 5710.5, provides a lens for examining today’s corporate legal landscape. During…
The US Fifth Circuit Court of Appeals has overturned a Mississippi constitutional provision dating back to the 1890 Jim Crow era. The provision, known as Section 241, permanently disenfranchised individuals convicted of certain felonies. Judge James Dennis, writing for the majority, maintained that the 1890 Mississippi Constitution was clear in its intention to “ensure the…
In the most recent Sunday Book Review, a collection of exciting reads that aim to fulfill the interests of compliance professionals, business executives, and anyone with a curious mind are showcased. These books range across various topics, not limited to business, compliance, history, leadership, and current events, as per the insights shared by Thomas Fox,…
In a recent episode of “Trekking Through Compliance,” a series deeply relevant to our professional audience, the discussion focuses on “Plato’s Stepchildren,” an episode from the classic Star Trek series. Aired on November 12, 1968, its events occur on the fictional Star Date 5784.0. Described as a challenging episode to watch, “Plato’s Stepchildren” features a…
Two renowned human rights organisations, Amnesty International and Human Rights Watch, have demanded a comprehensive independent investigation into what transpired when a migrant vessel tragically sank off the coast of Pylos, Greece. The incident has led to at least 82 persons being declared dead, with the accounts of events provided by different parties being starkly…
On the ongoing investigation into alleged election subversion during the Trump administration, a recent indictment points towards involvement of five lawyers, including a U.S. Department of Justice official. Further details on the indictment and specific charges against these individuals remain undisclosed, yet this development highlights serious concerns over attempts to undermine democratic processes from within…
In an era where big law firms dominate the global legal landscape, midsize firms are finding it increasingly difficult to sustain and keep up with the fierce competition. A classic example of this trend is the sudden closure of a nearly 90-year-old midsize law firm, which had seen its presence shrink over recent years. In…
In a developing story, former President Donald Trump is faced with new document charges, and prosecutors are advocating for defense discussions to take place in a secure location. With the air of uncertainty clouding these fresh allegations, here’s what we know so far. Further investigations are ensuing in the wake of former President Trump’s tenure….
Recently, a riveting narrative about the potential danger of an unbalanced work-life approach has sparked a significant discussion among corporate legal professionals. In the candid personal account titled ‘My career approach could have killed me‘, the anonymous attorney shares the physical and psychological toll of chasing success in the industry. In this account, the attorney…