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Allen & Overy LLP
Allen & Overy rolls out AI contract negotiation tool in challenge to legal industry
...The law firm is aiming to have subscriptions with hundreds of companies by the end of next year....
December 21, 2023
Serious Fraud Office UK
Serious Fraud Office reviews cases after software problems
...Ephgrave took over the helm from Lisa Osofsky, a former FBI lawyer. Osofsky has taken up a new role at consulting firm AlixPartners. Additional reporting from Michael O’Dwyer...
April 19, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
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
FTX Trading Ltd
Law firm conflicts ‘permeated FTX’s bankruptcy’, professors allege
...The office of the US Trustee, a part of the Department of Justice that represents the public interest in bankruptcy cases, initially objected to S&C’s retention, arguing that the law firm had failed to properly...
March 26, 2024
Chinese business & finance
China’s ‘red circle’ law firms rush to tap other markets
...“It is only a matter of time before Chinese law firms can further penetrate the Hong Kong legal market and expand into areas beyond Chinese clients,” said Warren Hua, managing partner at JunHe, a large mainland...
April 18, 2024
Camilla Cavendish
Employment law is a minefield for bosses and workers
...The law should protect workers from exploitation....
April 19, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
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
Artificial intelligence
New York judge rebukes law firm for using ChatGPT to justify its fees
...The Cuddy Law Firm had invoked the predictive artificial intelligence tool in a declaration to the court over a case it won against the city’s education department....
February 22, 2024
Special ReportEurope’s Leading Patent Law Firms
Call for entries: Europe’s Leading Patent Law Firms 2024
...The survey will collect peer recommendations from patent attorneys that are registered with the European Patent Office (EPO), as well as nominations from clients who have used a patent law firm in one of...
February 8, 2024
Newsletter
Full Disclosure: law firms, investigations and crime unwrapped
...With news and analysis on everything from the Post Office scandal, to the biggest court cases and Big Law’s diversity problem, as well as some recommended reading on other topics, we make sure subscribers...
February 1, 2024
Workplace diversity & equality
Biggest US law firms hired fewer diverse candidates amid DEI backlash
...Leading US law firms hired hundreds fewer ethnic minority candidates last year, as the sector faced a series of legal challenges over its diversity schemes....
March 7, 2024
News updates from April 8: Millions watch solar eclipse; Elon Musk predicts AI will overtake human intelligence in 2025
US stocks firm and bonds sell off as investors scale back bets on interest rate cuts
...The benchmark S&P 500 and the tech-heavy Nasdaq Composite were both less than 0.1 per cent higher shortly after the opening bell in New York....
April 8, 2024
Millennium Management LLC
Jane Street accuses Millennium and two ex-employees of strategy theft
...He worked there from October 2018, and headed the firm’s S&P 500 options desk until his move to Millennium in February. Spottiswood worked for Jane Street from August 2020 to February....
April 12, 2024
US & Canadian companies
S&P Global close to acquisition of research platform Visible Alpha
...About 200 financial firms contribute their data. The final purchase price by S&P will vary based on performance targets....
February 19, 2024
Passive Investing
The US equity market is one of the least concentrated in the world
...And — as a chart borrowed from Duncan Lamont at Schroders shows — the extent of concentration in the S&P 500 is not something investors are used to....
March 4, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
King & Spalding LLP
England’s former director of public prosecutions joins US law firm
...It is among the large international firms to have beefed up its white-collar crime practice over the past decade amid a climate of tougher global enforcement and laws such as the UK’s Bribery Act 2010....
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
Trades Union Congress
TUC calls for law to protect UK workers when employers use AI
...The examples it gave included a law firm where trainees might have to pass a test conducted and scored by an AI system to qualify; and a large bank using an AI system to generate performance rankings and...
April 17, 2024
Do Kwon
US regulator seeks $5bn penalty against Do Kwon and Terraform Labs
...The US Securities and Exchange Commission is pushing for collapsed cryptocurrency firm Terraform Labs and its co-founder Do Kwon to pay more than $5bn in fines and interest, after both were found liable...
April 24, 2024
Jane Street Capital
Jane Street loses bid for restraining order against Millennium
...The firm has said it has never sued a former employee before this lawsuit....
April 19, 2024
Special ReportNorth America Innovative Lawyers
How big should a US law firm be? Plus: top 35 innovative firms
...Featured entries are the submissions that ranked highest in each category. FT Law Firm Index The index provides a ranking and a holistic assessment of law firm success....
December 5, 2023
Thames Water
Thames Water crisis prompts jitters over ‘gold standard’ debt model
...“[WBS] was viewed, outside of government debt, as the gold standard of UK fixed income investment,” said Steve Curtis, a finance partner at law firm Latham & Watkins who has advised on a number of water...
April 23, 2024
The Big Read
Kirkland & Ellis: is it party over for the world’s most profitable law firm?
...But the sums wagered by Lewis’s colleagues pale in comparison to those deployed within the world’s most profitable law firm....
December 12, 2023
News in-depthJPMorgan Chase & Co
JPMorgan vs Citi: the Wall Street fight to bank New York’s top lawyers
...A law firm consultant said a managing partner of a top firm once called his Newport, Rhode Island, holiday home, “the house that Citi built”, because of the deal he got on his mortgage....
November 28, 2023
Allen & Overy LLP
Allen & Overy data hit by hackers in ransomware attack
...Allen & Overy, the “magic circle” law firm, has suffered a cyber attack on its systems, making it the latest big corporate to fall victim to a ransomware hack....
November 9, 2023

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