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Major M&A set for record-breaking year
A quarterly report by Allen & Overy shows that, despite a lower number of transactions globally, M&A values look set to exceed pre-financial crisis levels.
Magic circle among firms to suffer in Paris
Headcount and revenue for several of the biggest international firms in Paris dropped sharply last year, according to new figures.
HSF hires BLP process management team
Herbert Smith Freehills has hired a new process management team from Berwin Leighton Paisner, in order to strengthen its ability to separate legal mandates so that work can be handled more efficiently...
VW's latest cars may have suspect software
VW has admitted that its 2016 vehicles contain software that could help them beat emission controls test.
Lawyers demand VW buy back offending vehicles
Lawyers with Hagens Berman Sobol Shapiro and Quinn Emanuel Urquhart & Sullivan have escalated their legal battle against Volkswagen A.G., demanding the company buy back half a million vehicles aff...
South Africa intends to leave ICC
South Africa could leave the International Criminal Court (ICC), as the government faces criticism for ignoring a court order to arrest Sudan's president.
Japanese and Malaysian firms form alliance
Malaysia's Chooi & Company and Tokyo-headquartered TMI Associates, Japan's fifth largest law firm, are teaming up to capitalise on the long-standing ties between the two countries.
DLA Piper to launch Casablanca office
DLA Piper is to launch an office in Morocco, the firm's first base on the continent, ahead of its planned move into South Africa in 2016
Aerosmith protests over Trump campaign using their music
Lawyers acting for Aerosmith star Steve Tyler have sent a cease-and-desist letter to Donald Trump, saying the use of the hit song Dream On 'gives a false impression' he endorses Mr Tru...
Law firm leaders' confidence drops
For the third consecutive quarter, law firm managing partners expressed doubt about the broader economy and direction of the legal industry, according to a quarterly report by Citi Private Bank.
Legal heavyweights criticise UK's response to migrant crisis
Former judges, Queen's Counsel and professors of law are among 343 signatories to an open letter that criticises the UK government's 'too slow and too narrow' response to the migrant c...
Legal reforms in China spark brain drain
Changes intended to streamline China's judicial system are leading judges and officials to step down over concerns about long hours, low pay and intense pressure.
Commercial litigation heads toward fixed costs
Mr Justice Flaux, the judge in charge of the Commercial Court, warned litigators at a conference that he suspected a tariff of recoverable costs would be introduced in the commercial arena.
SA court to rule on class action against gold sector
A South African court has begun hearings to determine if gold miners suffering from lung diseases they claim to have contracted because of their job can proceed with a class action lawsuit against the...
Australian and US firms to form alliance
Australian firm Holman Webb Lawyers is to form an alliance with global US firm Diaz Reus, strengthening the capability of both firms in the Asia Pacific region.
Latest moves to open South Korea market founder
An IBA session on crossborder legal services and free trade agreements has heard that bids to open up South Korea to international law firms are still facing obstruction.
US hedge fund threatens Peru over debt
Emerging markets-focused hedge fund Gramercy has threatened to sue Peru over bonds issued by the country's former military regime.
Reuters employs IBM's AI machine to improve efficiency at law firms
Reuters will use the AI machine, named 'Watson', to analyse complex data as the US looks to create an AI tax evasion detector with particular focus on partnerships.
HSF launches 'pop-up' review centre in Perth
International firm Herbert Smith Freehills has established a 'pop-up' document review centre in Perth, in order to provide round-the-clock support to clients.
Former law exec to launch legal comparison site
The latest law firm comparison site is soon to be launched in the UK, joining a host of other similar endeavours by law firm professionals.