A recent decision by a Broward County court may significantly impact the processes surrounding discovery in legal proceedings. The ruling, welcomed by plaintiff counsel, is argued to enhance judicial efficiency and to establish a more equitable playing field for attorneys aiming to secure timely and comprehensive discovery. The potential implications of this decision could influence…
Standard Chartered faces a lawsuit in Singapore stemming from its alleged involvement in the 1MDB fraud scheme. The financial institution is accused of overlooking significant red flags and permitting over 100 intrabank transactions that allegedly facilitated the concealment of illicit funds. The lawsuit demands $2.7 billion in damages. For further details, you can read the…
In the latest update of the 2025 Pro Bono Scorecard: International Report, Jenner & Block has taken the number one position for having the highest pro bono score among non-U.S. lawyers, surpassing Dechert. This change marks a significant shift in the landscape of international pro bono work, as Jenner & Block continues to prioritize their…
In a recent decision, the U.S. Court of Appeals for the Second Circuit ruled that prior convictions in the FIFA corruption cases cannot be overturned based on what might be interpreted as “signals” from the Supreme Court. This verdict goes against the decision by U.S. District Judge Pamela Chen, who had indicated that 18 U.S.C….
Willkie Farr & Gallagher LLP, a prominent global law firm, has expanded its operations in Germany by establishing a new office in Hamburg. This marks the firm’s third office in the country. The move follows the strategic acquisition of restructuring, litigation, and private equity teams from Latham & Watkins LLP and Quinn Emanuel Urquhart &…
Dentons has strategically enhanced its presence in Brussels by appointing the head of DLA Piper’s corporate practice group. This is part of an ongoing strategy to expand the firm’s M&A corporate activities in Belgium, marking Dentons’ fourth significant hire in the region this year. Additionally, Dentons has added a financial regulatory partner to their Amsterdam…
Direct Line’s general counsel, Angela Yotov, has decided to step down following the clearance of the company’s £3.7 billion acquisition by Aviva. This strategic move, approved by the U.K. competition regulator, marks a significant consolidation in the U.K. insurance market. The details surrounding Yotov’s departure remain sparse, reflecting a time of transition for both the…
Clyde & Co has bolstered its energy practice in Abu Dhabi by securing an experienced team from Brodies LLP, consisting of partners Josh McFadzen and Bryan Wilson, along with two associates. This strategic move comes in response to the ongoing significance of legacy oil and gas projects in the UAE, which remain a cornerstone of…
Jones Day has strategically enhanced its London energy practice by bringing on two partners from EY. This move is part of a broader trend of energy sector hires seen globally this year, reflecting increasing deal flows within this industry. The trend indicates a robust period for energy-related legal work, aligning with growing market demands. For…
Herbert Smith Freehills Kramer, formed through a merger in June, is poised for expansion in the U.S., with plans to bolster its ranks by adding up to 20 partners over the next 12 to 18 months. This hiring drive signifies the firm’s strategic focus on strengthening its presence in the American legal market following the…
The legal market in Singapore is experiencing significant changes as international law firms enhance their presence by recruiting new talent, while local firms strategize leadership transitions. Recent developments have seen firms like Trowers & Hamlins, Eversheds Sutherland, and Withers KhattarWong expanding their teams within the city-state. Concurrently, longstanding practices in Singapore are seeing departures of…
“`html A New York judge has ordered Argentina to transfer its controlling 51% stake in state energy firm YPF to investors. This decision is intended to partially satisfy a 2023 judgment that demands Argentina pay $16 billion, a debt the country has yet to fulfill. The order highlights ongoing legal challenges faced by Argentina concerning…
“`html DLA Piper and Campos Mello Advogados have decided to terminate their exclusive cooperation agreement, marking a shift in their collaborative strategy. This development comes a little over a year after DLA Piper inaugurated a foreign legal consultancy office in São Paulo, a significant move aimed at tapping into cross-border work. Previously, Campos Mello Advogados…
In a notable trend within the U.K. legal market, Herbert Smith Freehills Kramer and HFW have increased the salaries of their newly-qualified lawyers in London. This development follows a series of similar pay adjustments by several mid-market U.K.-based firms, marking a period of upward salary revisions for junior lawyers in the sector. These adjustments reflect…
The legal market in India is undergoing a transformative phase as the nation continues efforts to liberalize the sector, inviting foreign participation under new rules. This development has sparked a confrontation between key industry bodies, namely the Society of Indian Law Firms (SILF) and the Bar Council of India (BCI). Legal professionals, both domestic and…
Fieldfisher, a multinational law firm, has made a strategic entry into the Portuguese legal market by establishing operations in Lisbon and Porto with a team of 68 professionals. The firm’s expansion into Portugal is part of a broader European growth strategy that recently included launches in Austria and Poland, along with a re-launch in Italy….
The ongoing debate over legal market liberalization in India has reached a pivotal moment with the establishment of competing committees by the Society of Indian Law Firms (SILF) and the Bar Council of India (BCI). SILF formed its own committee in response to the BCI’s initiative to address concerns about new regulations opening India’s legal…
Cyberattacks on U.S. law firms have surged, with one in five firms experiencing breaches in the past year, according to a recent study by Geneva-based Proton. The research highlights significant vulnerabilities within the sector as firms increasingly rely on digital workflows. Alarmingly, nearly one in 10 law firms reported data loss or exposure due to…
Paul Hastings continues its expansion in the international energy and infrastructure sector with its latest partner hire from White & Case. This strategic move marks a significant development for Paul Hastings as they finalize the build-out of their energy and infrastructure platform. Since April, the firm has brought on board eight partners, with the latest…
Adams & Adams, a leading South African intellectual property boutique, steps into the legal tech arena by embracing Harvey AI. This move aligns them with other African legal heavyweights like Bowmans and ENS, as they aim to expand their commercial practice, which presently constitutes about 20% of their business operations. Despite this adoption, the firm…
Eversheds Sutherland has strategically fortified its European presence by recruiting Volkholz, a former partner at Latham, to enhance its German operations. This move underscores the firm’s commitment to expanding its services to private equity clients within the real estate sector across pivotal European markets. Volkholz is known for his expertise in advising sponsors, borrowers, and…
Covington & Burling, a prominent law firm, has announced the hiring of Spiros Drosos, a seasoned litigator from the European Medicines Agency (EMA). Known for its regulatory oversight in the pharmaceutical sector within the EU, the Amsterdam-based EMA was where Drosos contributed significantly to the formulation of substantial pharmaceutical legislations. His experience spans over a…
International law firm Ashurst has reported increased annual revenues, surpassing the £1 billion mark for the first time with an 8% growth. While the firm disclosed revenue figures across multiple regions, income from its U.S. operations remains undisclosed. This milestone reflects Ashurst’s continued expansion and robust performance in the legal industry. For more detailed information,…
In recent weeks, the Hong Kong Stock Exchange has observed a notable increase in small to mid-sized initial public offerings (IPOs) from Asia-based companies. This trend is seen as an indicator of growing market confidence. Prominent law firms, including Clifford Chance, Skadden, Arps, Slate, Meagher & Flom, Paul Hastings, Davis Polk & Wardwell, Sidley Austin,…
The U.S. Department of Justice is poised to appeal a legal decision regarding the executive order involving Perkins Coie, a notable law firm. This move could signal the government’s strategy in its ongoing legal actions concerning three other law firms subject to similar executive orders. The appeal is likely to shape the course of these…