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Law
US seeks clawback of fees paid to law firm with ties to top bankruptcy judge
...US officials want a prominent law firm to hand back the fees it earned from multiple cases over the past five years after a romantic relationship between one of its lawyers and a top bankruptcy judge was...
November 3, 2023
The FT ViewThe editorial board
How to keep young people safe online
...It has become a rite of passage for young people: their first access to a smartphone that opens up the world of whizzy apps and social media....
May 8, 2024
FT Live
The Impact Of Gen AI On The Legal Sector
How are law firms leveraging technology to transform services and operations?
Tuesday, 11 JuneDigital Conference
Chinese business & finance
China’s ‘red circle’ law firms rush to tap other markets
...At least eight of the largest law firms from the Chinese mainland have opened offices in Asia and the US since the start of 2023, with more planned....
April 18, 2024
Law
US law firm Mayer Brown to hive off China operations
...Mayer Brown, one of the world’s top-grossing law firms, said on Thursday it had decided to hive off its Hong Kong, Shanghai and Beijing offices....
May 2, 2024
FTX Trading Ltd
Law firm conflicts ‘permeated FTX’s bankruptcy’, professors allege
...Two law professors have claimed that Sullivan & Cromwell put its own interests before that of FTX’s stakeholders, reviving criticism over the law firm’s role in the bankrupt cryptocurrency exchange’s rise...
March 26, 2024
World
Why New York law doesn’t actually matter
...After all, the money centre banks (which sponsored enactment of the FSIA), trust companies, and major law firms were all headquartered there....
May 6, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Legal services
FT North America Innovative Lawyers 2024 open for submissions
...Business of law: submissions are invited from law firms on initiatives that relate to the transformation or growth of the firm....
May 3, 2024
Artificial intelligence
New York judge rebukes law firm for using ChatGPT to justify its fees
...A New York judge has scolded a law firm for citing ChatGPT to support its application for “excessive” attorneys’ fees of up to $600 an hour....
February 22, 2024
Due Diligence
Czech’s in the Royal Mail Premium content
...Musk said jump: the board asked “how high?” China’s ‘red circle’ law firms go after rivals abroad Some of China’s top law firms are increasing their presence in foreign markets....
April 18, 2024
Your QuestionsLucy Warwick-Ching
Do we have to repay loans to my in-laws?
...As a partner at a law firm and a single mother of three young children, I am financially well-off by societal standards. I’m contemplating the best way to support my family....
March 20, 2024
Special ReportEurope’s Leading Patent Law Firms
Call for entries: Europe’s Leading Patent Law Firms 2024
...The Financial Times is now compiling its sixth annual list of European law firms that specialise in securing patents and protecting European innovation....
February 8, 2024
Newsletter
Full Disclosure: law firms, investigations and crime unwrapped
...Each week, we bring you a dollop of the latest top stories, gossip and who’s who of the legal world, including our ‘Musical Chairs’ rundown to keep you up to speed with which names are taking the latest...
February 1, 2024
Legal services
Freshfields boosts pay for newly qualified lawyers to £150,000
...The firm’s first-year associates in its US offices receive a salary of $225,000, according to a person with knowledge of the situation....
May 3, 2024
Workplace diversity & equality
Biggest US law firms hired fewer diverse candidates amid DEI backlash
...and the growing diversity of associates overall, which is of course the pipeline for increasing diversity among law firm partners”....
March 7, 2024
Legal services
Cravath joins Midtown exodus with move to Manhattan’s Hudson Yards
...Elite New York law firm Cravath will abandon its wood-panelled offices in Midtown Manhattan for the up-and-coming Hudson Yards development on the island’s west side on Monday, amid an exodus from the neighbourhood...
April 28, 2024
FT Live
Future of the Car 2025
The leading gathering for the automotive industry
Tuesday, 13 May 2025Sancroft, Paternoster Square, London EC4M 7DQ, UK
Commercial property
Law firm Paul Weiss signs biggest US office lease of 2023 in Manhattan
...The deal also confirms the appeal of law firms as tenants in the current market, according to some developers....
December 22, 2023
Quinn Emanuel Urquhart & Sullivan LLP
Quinn Emanuel raises junior lawyer pay to £180,000
...The Los Angeles-founded firm reported revenues of $2.1bn last year, breaking through the $2bn barrier for the first time....
May 10, 2024
Special ReportFT Wealth: April
Why billionaires are changing how they spend
...Ben Lister, partner in the private wealth group at law firm Taylor Wessing, says: “Those yet to realise their wealth are often reliant on the disposal of smaller tranches of their holding during initial...
April 12, 2024
Inside BusinessStephen Foley
Why don’t auditors find fraud?
...In the US, the Public Company Accounting Oversight Board is revamping rules on how auditors must look for and deal with evidence of a client’s non-compliance with laws and regulations (Noclar, in the jargon...
May 6, 2024
Alibaba
Alibaba to build Vietnam data centre to comply with local storage law
...Liability can be an issue when multiple companies are involved in managing the same data, said Leif Schneider at law firm Luther....
May 9, 2024
Brunswick Group LLP
Slaughter and May boss swaps law for public relations firm Brunswick
...Other senior partners of “magic circle” corporate law firms have left the profession in recent years but Cooke is one of the most high-profile lawyers to move to a public relations firm....
December 4, 2023
King & Spalding LLP
England’s former director of public prosecutions joins US law firm
...Hill’s move follows in the footsteps of a number of senior lawyers that have joined large law firms at the end of their time in public office, including his DPP predecessor Dame Alison Saunders who joined...
February 5, 2024
Legal services
US law firms hand out bonuses and raise pay despite slowdown
...Meanwhile, a tough macroeconomic environment has put pressure on law firms, many of which have reduced headcount after hiring frantically during the pandemic to field demand....
December 31, 2023
Climate change
Climate change failings violate citizens’ rights, European court rules
...Tom Cummins, partner at the law firm Ashurst, said companies and financial institutions should “review these cases carefully. Corporate climate litigation often relies on human rights arguments . . ....
April 9, 2024
Special ReportRisk Management: Financial Institutions
Banks face new risks as US tightens sanctions on Russia
...Roberto Gonzalez, partner at law firm Paul Weiss, says that means almost any transaction directly, or indirectly, involving Russia faces a higher risk from a sanctions perspective....
May 2, 2024

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