Latest legal news

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. | 11yrs

The New York firm is streamlining its operations, as securities litigation post-2008 slows down. | 11yrs

A unique project charting the journey of women in the legal profession has launched a crowdfunding initiative. | 11yrs

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. | 11yrs

Emerging markets-focused hedge fund Gramercy has threatened to sue Peru over bonds issued by the country's former military regime. | 11yrs

New Zealand law firms are set to expand over the next year in line with the economy, with top partners earning around NZ$1 million. | 11yrs

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. | 11yrs

Law departments have given their view on the shape of the law firm of the future in a poll conducted for the GC Futures Summit. | 11yrs

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. | 11yrs

Embattled clothing manufacturer American Apparel owes nearly US$6m to Skadden, Arps, Slate, Meagher & Flom ($3.8m), White & Case ($1.4m) and Paul Hastings ($700,000) for legal services. | 11yrs

Law firm Maurice Blackburn is preparing to launch a class action lawsuit against VW after it admitted that more than 90,000 cars in Australia are fitted with software that cheats on emissions. | 11yrs

Lance Armstrong's former physician has reportedly filed a lawsuit intended to stop distribution of a film about the disgraced cyclist. | 11yrs

Three former senior executives of failed US firm Dewey & LeBoeuf have been cleared of some of the charges they faced, but the jury continues to consider others, including the most serious one of grand larceny. | 11yrs

Litigation funder Bentham has instructed partners in the Hamburg, Brussels and London offices of Quinn Emanuel Urquhart & Sullivan to prepare a shareholder lawsuit against the embattled car manufacturer. | 11yrs

Some 90 per cent of respondents prefer arbitration, according to the Queen Mary University of London 2015 International Arbitration Survey. | 11yrs

Income at the London office fell from £50.97m to £48.98m for the year ending December 2014, according to its annual returns. | 11yrs

According to a report by financial software company Dealogic, mergers and acquisitions have soared in Asia during the first nine months of 2015 and are now second only to the US in terms of value. | 11yrs

A 'renewed sense of optimism' has been spotted by LexisNexis in its survey, 'Law Firms in Transition: Marketing, Business Development and the Quest for Growth' - research which also shows that competition is seen as the number one barrier to growth. | 11yrs

Former UN Secretary-General Kofi Annan told the International Bar Association in Vienna that, when it comes to business and human rights, corporate lawyers have a higher duty than meeting the expectations of their clients. | 11yrs