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Pulse UK
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October 28, 2024
Simpson Thacher Taps Atty Duo As 1st Banking Team Leaders
Simpson Thacher & Bartlett LLP has named two longtime New York City-based partners, including the co-head of its global banking and credit practice, as the first co-leaders of its global investment banking practice, the firm announced Monday.
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November 04, 2024
Mishcon Hires US-Qualified Partner For VC Practice
Mishcon de Reya LLP has recruited a new partner for its emerging companies team in London to strengthen its capability advising British and European clients on their transatlantic strategies, the firm announced Monday.
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October 28, 2024
Linklaters Adds 4 A&O Shearman Finance Partners In NY
Linklaters LLP announced Monday the addition of four partners from the recently merged Allen Overy Shearman Sterling to the firm's finance division, deepening its U.S. capital markets and restructuring offerings in New York.
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October 28, 2024
UK Top Court Boosts Client Claims In Solicitor Cost Spats
A U.K. Supreme Court ruling on solicitor payment deductions has given a boost for clients to challenge their legal bills from their former firms in the latest case to clarify Britain's labyrinthine rules governing solicitors' fees.
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October 28, 2024
Candey Sues Former Client Over 1-Star Online Review
Candey has sued a former client for defamation over a one-star online review that the fashion label chief allegedly authored, arguing in a London court that her false claims about the disputes law firm risk putting off new clients.
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October 28, 2024
Law Firm Scores Own Goal In Footballers' Data Row
A sports law firm cannot prevent a lender from advertising a winding-up petition over an unpaid loan of £500,000 ($650,000) to fund litigation over the alleged misuse of professional footballers' data, a London court has ruled.
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October 25, 2024
Kennedys' New Head Steps Up In 'Evolving' Insurance World
Meg Catalano, who was named Kennedys’ new global managing partner this week, joined Law360 Pulse to discuss her vision for the role and how the firm looks to stay on top of client needs in a volatile world under her leadership.
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October 25, 2024
Right To Disconnect Plan May Erode Firms' Long-Hours Culture
The government's softened plan to grant employees the right to disconnect out of hours could gradually erode the legal sector's entrenched long-hour culture, but it's unlikely to make major changes anytime soon, employment experts predict.
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October 25, 2024
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen the Competition and Markets Authority take action against a mattress retailer after it was caught pressuring its customers with misleading discounts, Lenovo and Motorola target ZTE Corporation with a patents claim, Lloyds Bank hit by another claim relating to the collapse of Arena Television and U.K. tax authority HMRC sued by the director of an electronics company that evaded millions of pounds in VAT. Here, Law360 looks at these and other new claims in the U.K.
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October 25, 2024
London Firm Referred To Tribunal Over AML Failings
A law firm in London has been referred to a disciplinary tribunal over its alleged failure to comply with anti-money laundering laws, the Solicitors Regulation Authority has said.
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October 25, 2024
Chambers Assistant Can Pursue Disability-Related Claims
An employment tribunal has ruled that an assistant practice manager at 3 Bolt Court Chambers suffered from severe anxiety and depression when she was fired, allowing her to bring disability-related claims against her bosses.
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October 25, 2024
Baker McKenzie Lawyer Fined For Refusing Breathalyzer Test
A Baker McKenzie lawyer who was convicted for refusing to take a roadside breath test after being pulled over by the police was fined £2,500 ($3,250) by the Solicitors Disciplinary Tribunal on Friday.
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October 25, 2024
Fraud Lawyers Take On Bullying Cases As Complaints Surge
White-collar criminal lawyers are picking up more and more work investigating allegations of non-financial misconduct inside the world's biggest companies, amid a sharp rise in incidents reported by the City watchdog ahead of an impending crackdown.
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October 25, 2024
Fried Frank PE Pro Goes In-House At Vet Chain
IVC Evidensia has recruited a former private equity partner at Fried Frank Harris Shriver & Jacobson LLP in London to further boost its in-house legal capability after the global veterinary care business hired a new group general counsel earlier this year.
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November 01, 2024
Ropes & Gray Adds Property PE Pro From Clifford Chance
Ropes & Gray LLP has hired a real estate finance specialist from Clifford Chance LLP as counsel to its London office, to add firepower to its practice in the growing private equity M&A market.
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October 24, 2024
Associates Say They're Burnt Out — And It's Costing Firms
Three-quarters of associates cite burnout and mental health as reasons for leaving law firms amid a higher exposure to stress than colleagues in other roles — and firms are suffering the financial costs, according to a study of U.S. and U.K. firms released Thursday.
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October 24, 2024
Judiciary Won't Make Panels The Exception For Bias Cases
Most discrimination and whistleblowing cases will continue to be heard by a full panel after the judiciary backed away from a plan to tackle the employment tribunals' crippling backlog by making it the default for judges to hear cases alone.
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October 24, 2024
Dentons Taps Amsterdam Real Estate Pro As Europe CEO
Dentons announced Thursday that it has elected Wendela Raas to lead the firm in Europe and Central Asia, adding another woman to its top leadership ranks after it recently picked a former senior executive at accounting giant EY as its new global chief.
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October 24, 2024
Addleshaw Goddard Names Tech Companies For Mentorship
Addleshaw Goddard LLP announced on Thursday that it has awarded more than a dozen start-up tech companies places on a legal mentorship and advisory program that it runs each year to help innovative businesses overcome their legal challenges.
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October 24, 2024
Charles Russell Brings On Tax Specialist From Sheridans
Charles Russell Speechlys LLP hired a partner from Sheridans as part of expanding its London tax practice to support its strategy focused on private capital, the firm said.
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October 24, 2024
Kennedys Turns To US For New Global Managing Partner
Kennedys named the firm's regional chief in the U.S. as its second global managing partner on Thursday as it looks poised to go from strength to strength after it recently recorded revenues of more than £380 million ($493 million).
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October 31, 2024
Bird & Bird Taps Dutch Financial Regulation Pro
Bird & Bird LLP has hired an experienced financial regulation expert as a partner in The Hague, as the law firm looks to bolster its finance practice in the Netherlands and across Europe.
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October 24, 2024
CMS Partner To Lead IP Committee At City Law Society
The City of London Law Society has named a CMS Cameron McKenna Nabarro Olswang LLP partner as the chair of its new intellectual property law committee.
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October 30, 2024
Cooley Hires Gowling Life Sciences Chief In London
Cooley LLP announced Wednesday that it has recruited a senior life sciences and patent specialist at Gowling WLG as it looks to continue expanding its legal services offerings in London.
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October 23, 2024
Mitsubishi Bank's Co-GC Talks Tackling The Legal Pay War
James Morgan is using his financial clout at Mitsubishi UFJ Financial Group Inc. to help the Japanese megabank tackle a spiraling pay war in the legal sector.
Expert Analysis
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Reflecting On The Benefits Of Direct Access To Barristers
At close to 20 years since public access to barristers came into being, it is a good time to take a look at its impact on the U.K. legal profession and the more collaborative approach between barristers and solicitors we have seen develop since its introduction, say Amani Mohammed and Sean Gould at Westgate Chambers.
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How Apprenticeships Are Transforming The Legal Sector
As more legal employers recognize the benefits of creating apprenticeship opportunities, they are likely to grow in popularity, ensuring that the best and brightest minds are available to meet the challenges of an ever complex and changing legal environment, says Aisha Saeed at Addleshaw Goddard.
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Pitfalls Lawyers Should Avoid When Correcting Their Mistakes
When solicitors make mistakes that cause prejudice to their clients, they will need to carefully consider whether they should try to fix their mistake, as trying to put things right may expose them to potential regulatory action, says Andrew Pavlovic at CM Murray.
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Translating The Plan For English-Language German Courts
The German Ministry of Justice is aiming to do away with the mistakes of the past and overhaul the German civil procedure in order to accommodate English-language disputes, but the success of these proceedings will depend very much on factors that the proposal does not address, say Jan Schaefer and Rüdiger Morbach at King & Spalding.
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A Breakdown Of The SRA's Proposed New Fining Powers
Thanks to the Solicitors Regulation Authority's pending new fining framework, which includes guidance on unsuitable fines and a fixed penalties scheme for low-level breaches, firms can expect to see more disciplinary findings leading to an SRA fine rather than referral to the Solicitors Disciplinary Tribunal, say Graham Reid and Shanice Holder at RPC.
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Russian Bank Ruling Clarifies UK Sanctions Regime
The recent U.K. High Court judgment of PJSC National Bank Trust v. Mints, a case brought by two Russian banks, is significant in clarifying that the U.K. sanctions regime does not deprive designated persons of their fundamental common law right to bring a claim in an English court, despite their assets being frozen, says Zoe O’Sullivan KC at Serle Court.
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Preparing For EU's Pay Gap Reporting Directive
An agreement has been reached on the European Union Pay Transparency Directive, paving the way for gender pay gap reporting to become compulsory for many employers across Europe, introducing a more proactive approach than the similar U.K. regime and leading the way on new global standards for equal pay, say attorneys at Lewis Silkin.
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Has The Liberalization Of Legal Services Achieved Its Aims?
Although there is still some way to go, alternative business structures are now an increasingly prominent feature of the legal services landscape, and clients can expect greater choice, improved quality and more manageable costs, as was intended by this shake-up of the profession's regulatory frameworks 15 years ago, says Dana Denis-Smith at Obelisk Support.
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How Overseas Property Verification Poses Risks To Attorneys
The recently launched register of overseas entities, requiring verification of foreign owners hoping to purchase U.K. property, could expose attorneys to criminal prosecution, professional negligence claims and reputational damage if they do not complete these checks to the required standard, which nevertheless remains murky, says Harriet Holmes at Thirdfort.
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What To Expect From UK's New Economic Crime Bill
The Economic Crime and Corporate Transparency bill, if passed, will reform aspects of Companies House and strengthen government anti-money laundering efforts, but it is also raising questions about how new information sharing requirements will affect businesses, say attorneys at Signature Litigation.
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A Trusted Cybersecurity Framework Is Imperative For Lawyers
The recent increased risk of cyberattacks has a number of profound implications for law firms, and complying with government guidance by embedding a cyber-savvy culture and adhering to a security framework will enable lawyers to add extra layers of defense and present their clients with higher levels of protection, says Marion Stewart at Red Helix.
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Opinion
Law School Admissions Shouldn't Hinge On Test Scores
The American Bar Association recently granted law schools some latitude on which tests it can consider in admissions decisions, but its continued emphasis on test scores harms student diversity and is an obstacle to holistic admissions strategies, says Aaron Taylor at AccessLex.
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New FCA Listing Rules May Start Regulatory Shift On Diversity
Listed companies that fail to meet new Financial Conduct Authority rules for minimum executive board diversity currently risk reputational damage mainly through social scrutiny, but should prepare for potential regulatory enforcement actions, say attorneys at King & Spalding.
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What UK Professional Regulation Looks Like In A #MeToo Era
Two recent rulings from U.K. courts and tribunals reveal the increasingly shifting line between professional misbehavior and bad actions that would previously have been considered outside the scope of professional regulators, says Andrew Katzen at Hickman & Rose.
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How Immune Are State Agents From Foreign Courts?
The ongoing case of Basfar v. Wong is the latest to raise questions about the boundary between commercial or private activity and the exercise of sovereign authority that shields state agents from foreign judicial scrutiny — and the U.K. Supreme Court's upcoming decision in the matter will likely bring clarity on exceptions to the immunity doctrine, say Andrew Stafford QC and Oleg Shaulko at Kobre & Kim.