Historic attitudes favouring globalisation are fundamentally changing....
| 1yr
| 1yr
Historic attitudes favouring globalisation are fundamentally changing....
As reported last month in The Global Legal Post, top Wall St law firms are planing to collaborate with the Financial Services Information Sharing and Analysis Centre (FSISAC), a banking group. However, the FSISAC is a banking group and cannot directly accept law firms. The law firm group will need to set up another structure - and might do this through the International Legal Technology Association. It is hoped to have the new arrangement in place for this summer.
Sullivan & Cromwell
The first law firms to consider the planned co-operation moves with FSISAC were US firms. A more recent development is the naming of the two-London based practices in connection with the scheme. US firms which are said to be working on the project include Sullivan & Cromwell, Paul Weiss Rifkind Wharton & Garrison and Debevoise & Plimpton. Source: Legal Business
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