Top For-Profit Health Systems See Financial Boost as Contract Labor Expenses Decline

The country’s three largest for-profit health systems – HCA Healthcare, Tenet Healthcare and Community Health Systems (CHS) – all posted their second quarter earnings recently. Whilst HCA and Tenet reported net incomes for the quarter, CHS posted a net loss. Nevertheless, all three health systems found themselves in a significantly healthier financial position in Q2…

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In-House Counsel Success: Navigating Corporate Law Through Relationship Building

In the demanding world of corporate law, the emphasis for in-house counsel is increasingly placed on fostering effective relationships, according to three high-profile general counsels. A detailed discussion on ensuring legal teams have a more significant impact outside the confines of the legal department can be found here. In-house counsels are finding that effective networking,…

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Asian Lawyer’s Unique Journey Highlights Need for Diversity in London’s Corporate Legal Scene

As the legal industry continues to grapple with diversity and representation, unique experiences and individual voices are now being amplified. One such voice is the candid reflections of Gautam Bhattacharyya, a partner at Reed Smith, regarding his experiences as an Asian lawyer in London’s corporate scene. In an interview to mark South Asian Heritage Month,…

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Prominent Law Firms Atsumi & Sakai, White & Case, and Baker McKenzie Expand Partnerships Across Asia

Indicative of the legal industry’s growth across Asia, several esteemed law firms, including Atsumi & Sakai, White & Case, and Baker McKenzie, are expanding their partner base in the region. Notably, major hiring sprees previously seen in the West are now being mirrored here, underscoring Asia’s increasing importance in global legal practice. These new additions…

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Gizmodo Editor-in-Chief Accuses Apple of Plagiarizing “The Tetris Effect” in Film Adaptation

The editor-in-chief of technology news website Gizmodo has entered a legal dispute with tech giant Apple Inc., accusing the company of plagiarising his 2016 published book, “The Tetris Effect”, in their latest release, a film titled “Tetris.” In a statement, the Gizmodo chief editor claimed that the Apple-produced film is “substantially similar in almost all…

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SEC Cybersecurity Rules Increase Corporate Transparency but Raise Risk of Exposure

The U.S. Securities and Exchange Commission (SEC) has recently implemented definitive rules on cybersecurity, eliciting far reaching implications. These regulations mandate companies to bring to light certain disclosures that have traditionally been kept confidential or unveiled in a highly managed manner. This new set of rules may pave the way for escalated attention from not…

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Credit Suisse Layoffs Intensify Legal Concerns in Financial Sector

In a recent development within the banking industry, Credit Suisse, the Swiss multinational investment bank, has reportedly made significant workforce reductions outside of Switzerland. The reductions, primarily affecting its non-Swiss staff, denote another wave of lay-offs in the finance sector, a sector already grappling with immense pressure resulting from the ongoing financial pandemic. Interestingly, this…

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