In April 2023, a notable development in the Norwegian market affecting Bermuda-based companies was highlighted in a bulletin by the legal service provider Conyers, which noted the country’s unique performance compared to global markets. Despite an overall volatile economic scenario, the Norwegian exchanges, notably Oslo Børs, demonstrated resilience. During the course of 2022, Oslo Børs…
The status quo regarding mandatory disclosure of third-party litigation funding is under scrutiny. Legally vested committees are currently considering whether to make such disclosure obligatory. David Levitt, esteemed legal expert, recently pushed the conversation forward on the matter, advocating for the necessity of this mandate to fortify the even-handed administration of justice across all litigations….
In a significant development for both unionized and non-unionized workplaces alike, the U.S. National Labor Relations Board (the “Board”) has rendered a game-changing decision regarding employer work rules. The decision, known as Stericycle, could change how seemingly neutral workplace rules are considered under the law. As reported by JD Supra, the Stericycle decision modifies the…
As the U.S. Women’s National Soccer Team competes in the FIFA Women’s World Cup, their strategic public relations maneuvers throughout their contentious battle for pay equity with the U.S. Soccer Federation come to the fore. As experienced corporate law professionals understand, the verdict in the court of public opinion can often wield equal, if not…
The legal fraternity in the British Virgin Islands (BVI) is undergoing a significant transition period as it adjusts to amendments in the BVI Civil Procedure Rules. The Eastern Caribbean Supreme Court Rules, more commonly known as the CPR, have been a reliable mainstay for BVI litigators since they came into force on December 31, 2000….
As reported by Law360, the ongoing successes of the U.S Women’s National Soccer Team (USWNT) in their World Cup campaigns serve as a powerful reminder of the team’s previous legal victory. Not only did they garner worldwide attention for their sporting prowess, but the USWNT also managed to turn their six-year legal struggle for pay…
In today’s digital era, law firms have started to realize the role that content marketing plays in enhancing their image and reaching out to potential clients. The process, however, goes beyond simply generating content and calls for effective experience management. According to industry experts Clinton Gary and Stefanie Marrone, the road to content marketing success…
Borden Ladner Gervais (BLG) has recently appointed former in-house counsel at an insurance company, Rick Da Costa, as the head of its national corporate and regulatory insurance and reinsurance team. Da Costa, who joins from the law firm Cassels Brock & Blackwell, brings to the team his rich in-house experience from his time as VP…
The former President of the United States, Donald Trump, is currently being represented by a Florida defense attorney in federal charges related to his efforts to challenge the results of the 2020 presidential election. Known amongst his peers for his methodical, understated approach and respected reputation, some lawyers familiar with the counsel have voiced surprise…
On Thursday, Singaporean authorities carried out the execution of 39-year-old former delivery driver, Mohamed Shalleh Bin Abdul Latiff, for the trafficking of 54.04 grams of diamorphine, a controlled substance. This amount exceeds by four times the threshold required to impose the mandatory death penalty as stated under Singapore’s Misuse of Drugs Act. This marks the…
Security has been heightened in Atlanta, most notably around the Fulton County Courthouse, in anticipation of potential charges against former President Donald Trump. As per the announcement made by the Fulton County Sheriff’s Office on Thursday afternoon, the main route encircling the courthouse will be off-limits for general traffic from Monday morning onwards. The augmented…
Celebrations are on as Vincent Dunn, the New York co-partner-in-charge at Norton Rose Fulbright, basks in the joy of seeing his daughter, Crystal Dunn, perform at her second FIFA Women’s World Cup tournament. The proud father shared his excitement and the stress that comes along with watching a family member play in a high stakes…
Harneys, a globally acknowledged offshore law firm, has entered into concrete agreements to dispose of its fiduciary business in an operation supported by Hillhouse, a worldwide private equity firm. The sale, the precise details of which remain confidential, is anticipated to endow Harneys with the capital necessary to stimulate the law firm’s strategic growth. The…
In a recent turn of events, a well-known attorney from Washington, D.C. has received a six-month suspension as a result of misleading behaviour and document falsification. These fraudulent actions were aimed at reducing a client’s tax liability during a convoluted real estate deal focused on a local establishment. The involved attorney deliberately misled disciplinary investigators…
In a noteworthy trend, 2022 saw stellar financial rewards for law school graduates. Data from the National Association for Law Placement (NALP) reveals that the median starting salary reaches a new high at $85,000, a 6.3% increase from 2021’s $80,000. The professional prospects for these graduates just took an upturn, as per the job roles….
In June 2023, the Australian government issued an updated Statement of Expectations to the Australian Prudential Regulation Authority (APRA). The statement mandates the APRA to adopt climate reporting standards, primarily focusing on promoting prudent practices and transparency for climate-related financial risks. This new mandate includes monitored financial institutions and regulated entities within its scope. The…
In the dynamic sphere of legal technology, securing company secrets has become increasingly paramount, especially in the unfolding era of generative artificial intelligence (Gen AI). In this context, many firms are turning a spotlight on their employment contracts to ensure stringent protection of their confidential assets. Last month, Kira Systems, an entity that specializes in…
In a recent episode of the Hiring to Firing Podcast, leading legal professionals expounded on the pervasive and challenging issue of corporate theft, discussing potential preventative measures and technological strategies designed to protect firms. The podcast was hosted by partners Tracey Diamond and Evan Gibbs, and featured Troutman Pepper Partner Chris Willis as a key…
In recent developments across the legal industry, various Am Law 200 firms have ceased utilization of ChatGPT and generative AI for client services due to potential vulnerability such as data breaches and computational hiccups colloquially known as ‘hallucinations’. However, these setbacks are far from spelling the end of AI use in the legal sector. Contrarily,…
The long-standing Philadelphia law firm, Schnader Harrison Segal & Lewis, is set to cease operations after almost 90 years. The firm’s litigation partner and generan counsel, Keith Whitson, has confirmed that a dissolution plan is being organized in collaboration with the firm’s stakeholders and bank. The exact timeline for voting and finalizing this plan remains…
Timely regulatory interventions continue to shape our legal landscapes, and one such recent development comes in the field of I-9 Employment Verification. On July 21, 2023, the Department of Homeland Security (DHS) announced the institution of a new final rule which provides employers a remote option for inspecting employee documents in compliance with I-9 employment…
In a recent landmark ruling, the US Supreme Court has determined that race-based college admission programmes are unlawful. The implications of this decision are now resonating globally as it underscores a shift in the approach to diversity and inclusion, particularly as it pertains to affirmative action. As reported by JDSupra, the court’s decision deviates from…
In August 2023’s edition of the Probate & Fiduciary Litigation Newsletter, a highlighted case presents a noteworthy argument about the jurisdiction of the Massachusetts Land Court. The case in question is DiNicola v. Ely, et al., No. 23 MISC 000128 (2023). At the heart of the legal issue stands a family trust that holds record…
The U.S. sanctions landscape continues to transmute in response to geopolitical changes, economic policy considerations, and global security issues. Keeping track of these alterations is crucial for multinational companies and law firms to ensure compliance and prevent any potential legal pitfalls. One resource for such updates is the quarterly trade compliance report which is sent…
In a significant regulatory shift, the Securities and Exchange Commission (“SEC”) has initiated new cybersecurity rules that were instated on July 26, 2023. The regulations are primarily aimed at enabling investors to have a clearer understanding of the cybersecurity risks associated with public companies. One of the key stipulations includes the liability on the part…