Legal news

FTSE 100 set aside £31.3bn for litigation bills

Data published by Thompson Reuters has shown that companies are stashing more and more cash in anticipation of higher legal costs, regulatory fines and court-ordered compensation payouts.

• LEADERSHIP

  

  Linklaters senior partner Elliot will stay on after stepping down

  Incumbent senior partner Robert Elliot will be taking on a consultant role at Linklaters after handing over the reins to Charlie Jacobs.

• MISCONDUCT

  

  Shearman & Sterling called up to advise on Wells Fargo executive pay

  The firm will advise on potential clawbacks of executive salaries and bonuses as the regulatory pressure on Wells Fargo intensifies.

• JUNIOR LAWYERS

  

  Judge schools Facebook and Kirkland & Ellis for sending first-year associate to terrorism hearing

  US District Court Judge Nicholas Garaufis told Kirkland & Ellis that the decision to send such a junior lawyer into his courtroom was 'outrageous, irresponsible and insulting.'

• EXPANSION

  

  Allen & Overy preps for major US IP expansion

  The firm is reportedly looking to build an IP litigation presence in the United States.

Editor's picks

IP

Cartier win battle against counterfeit websites

Counterfeiters beware - a recent court decision was good news for luxury companies.

BLOG: MANAGEMENT

Five things to know about face

The rules around saving face are key to conducting both professional and personal business, according to the author of Face: How Saving Face Changes Everything.

AWARDS

Attorney wins MacArthur 'Genius Grant' for immigration work

Immigration lawyer Ahilan Arulanantham has been awarded a $625,000 'genius grant' from the MacArthur Fellows Program.

LOCKED UP LAWYERS

Lawyer for Ai Weiwei handed 12-year prison sentence in China

Renowned activist lawyer Xia Lin has been sentenced to 12 years in prison for fraud charges, prompting outcry among China's legal and human rights communities.

Blogs

FINANCIAL CRIME

Failure to prevent economic crime - déjà vu or getting serious at last?

Khawar Qureshi QC considers the background to the proposed new corporate offence and asks whether it can be effective.

LAW AND POLITICS

Compliance enforcement for sale?

Trial lawyer Reuben Guttman questions how America's attorney generals and the political organisations with which they associate raise funds.

Business sector round up

LUXURY LAW SUMMIT 2017

Swatch wins Apple trademark battle

Watch company Swatch has successfully opposed Apple's "iWatch" trademark on the basis of its registrations covering the logo "iSwatch" and the word "Swatch".

STATE AID

European Commission rules on Italian state aid case

In an important decision on state aid, the Commission cleared public financing for Italian ground handler Airport Handling and found no economic continuity with SEA Handling.