Law News
Law news found and posted by the lawyrs community.
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May 03 2012
The turmoil over at New York firm Dewey & LeBoeuf, a large and prestigious name in the business - has forced many industry observers to take stock and pose some...
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Apr 11 2012
Law firms in Washington DC have taken the first five places in a ranking of business retirement plans. The survey, conducted by financial advisor BrightScope, looked...
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Apr 04 2012
Khaitan & Co and Japanese law firm Anderson Mori & Tomotsune have led a deal for the largest ever Indian mutual fund investment, with Asian private insurance leader...
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Mar 22 2012
After recent changes to legislation in the UK under the Legal Services Act, law firms can change their business structure to receive external investment and legal...
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Mar 13 2012
A federal judge in New York has dismissed the suit brought by plaintiff firm Jacoby & Meyers which challenged a state rule prohibiting nonlawyer investment in law...
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Mar 02 2012
Miami-based law firm Holland & Knight has announced further expansion in Latin America with the imminent launch of new office in Bogotá, Colombia.
The firm will...
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Mar 02 2012
A new report estimates the value of leading UK law firms to be somewhere between $711 million to $4.1 billion, with Magic Circle firm Allen & Overy leading among the...
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Feb 24 2012
Large international law firms are setting their sights on Mexico, as the country’s growing economy precipitates both inbound and outbound investment streams.
DLA...
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Feb 07 2012
The ABA is currently considering the implications of opening firms to outside investment.
It was over a decade ago that the New York State Bar Association joined with...
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Jan 29 2012
A new report by Allen & Overy has found that Australia is now the fifth largest inbound target market for M&A deals, with Chinese firms remaining interested in...
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Jan 29 2012
Experts say that the landmark Vodafone tax case in the Supreme Court of India has boosted India’s image and reinforced standards of fairness and impartiality in the...
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Jan 25 2012
Freshfields Bruckhaus Deringer has launched a global financial investors group to handle private equity, infrastructure funds, sovereign wealth funds and alternative...
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Jan 13 2012
New York-based Parabellum Capital LLC launched last week to enter the field of litigation finance. The firm is a spinoff of the 5-year-old legal finance group from...
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Dec 09 2011
Mumbai-based law firm Wadia Ghandy & Co is set to launch a fully operational base in Singapore, after partners Ankit Majmudar and Shabnum Kajiji secured their licences...
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Nov 15 2011
Here is a very interesting article providing a kind of anatomy of the Indian legal services market, ad touching upon the major players, changes, and the nature of the...
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Nov 10 2011
Allen & Overy has posted an 11% increase in revenue in the first half of the year, after investing in key international markets. The firm saw revenues of £582m between...
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Oct 31 2011
UK law firm franchise QualitySolicitors, which launched last year and has rapidly expanded to include around 200 branches, has just received a significant private...
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Oct 29 2011
Here is an interesting article in the NY Times that takes a look at developments around the world with respect to outside investment in law firms.
Australia and...
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Oct 25 2011
Taylor Wessing is set to boost its technology capacity with the launch of a second office in London. The office, in east London's 'Tech City' will offer expertise in...
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Oct 19 2011
Two weeks have passed since the introduction of the Legal Services Act in the UK – legislation that promised to overhaul the way that law firms do business by opening...
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Oct 19 2011
Veteran partner Peter P. Mullen of the New York law firm of Skadden, Arps, Slate, Meagher & Flom has died at the age of 83. Mullen joined the firm in 1961, when it...
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Oct 18 2011
UK firm Irwin Mitchell is has announced that it will outsource 81 support staff in preparation for its conversion to an alternative business structure (ABS). The firm...
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Oct 17 2011
Deep cuts to the British Legal Aid budget have attracted significant controversy, and now more fuel has been added to the fire with accusations that British Justice...
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Oct 06 2011
The much anticipated reform to the Legal Services Act has come into force in England and Wales, under which banks and supermarkets are now able to sell consumer legal...
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Sep 15 2011
The merger deal between Barlow Lyde & Gilbert and Clyde & Co includes financial penalties for any Barlows equity partners that leave the combined firm any time in the...
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Jul 26 2011
US law firm Jacoby & Meyers has brought a case seeking to overturn New York Court Rule 5.4, which prohibits law firms from accepting outside investment. The firm...
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Jul 07 2011
Herbert Smith has reported a 3.4% increase in revenue in the 2010-11 financial year, from £449.9m to £465m. Profits per equity partner also rose by a significant...
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Jul 04 2011
UK firm Clarke Willmott has decided not to distribute all the profits from this year’s performance to the equity partnership. According to the firm, average profit per...
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Jun 27 2011
Good news for the lower courts of India - the Government has decided to invest in adequate infrastructure to reduce the backlog of cases. The decision follows the...
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May 31 2011
Canadian law firms expecting a surge of business from India have been kept waiting, with the recession slowing things down. But things are starting to pick up, and...
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May 31 2011
The private equity arm of ICICI Bank - ICICI Venture - has acquired a minority stake in RJ Corp's Devyani International, which runs KFC, Pizza Hut and Costa Coffee...
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May 17 2011
Private equity Warburg Pincus has invested around $150 million (Rs.670 crore) in Diligent Power Private Limited (DPPL) to enable the Dainik Bhaskar group’s power...
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May 12 2011
US firm Blank Rome has launched an office in Shanghai.
Firm co-chairman Alan Hoffman said that the new office will give high priority to servicing Chinese companies...
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May 09 2011
In a move designed to encourage greater business investment in India, Law Minister M Veerappa Moily is set to introduce a bill to establish specialised commercial...
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May 06 2011
Korean law firm Yulchon is set to enter the Chinese legal market with an office in Beijing.
Yulchon partner Jeong Yeon Ho said that the firm has been providing...
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Apr 12 2011
Duet India Hotels has entered into a $150 million (Rs. 675 crore) Joint Venture with global hospitality chain, InterContinental Hotels Group (IHG). The transaction...
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Mar 22 2011
Since 2005, when the former president of Brazil, Mr. Lula da Silva, decided that the Brazilian big oil company, Petrobras, would build an oil refinery plant at the...
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Mar 09 2011
Allen & Overy has boosted its German presence with the hire of a banking regulation and investment funds team from Norton Rose.
The team is led by partner Frank...
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Feb 07 2011
Eton Park Capital Management LLP, a hedge fund based in the US has invested $125 million (Rs. 560 crore) for 10 percent equity stake in JSW Infrastructure Limited, for...
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Jan 28 2011
BTS Investment Advisors, a Private Equity firm has invested Rs. 36 crore ($7 million) in Carzonrent, a leading car-rental and radio-taxi business (under the brand name...
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Dec 02 2010
The UK Solicitors' Regulation Authority has released updated guidelines for law firms that wish to take up alternative business structures when the regulatory changes...
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Nov 29 2010
Foreign and domestic law firms in Singapore have reported a boom in capital markets, M&A, energy, infrastructure and arbitration work from Indonesia, India, Vietnam...
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Nov 12 2010
Indonesia’s consumer and resources boom is fueling an investor frenzy in the market, with Bloomberg reporting that investors have bought $23.3 billion of debt this...
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Oct 11 2010
Korean firm Shin & Kim has launched a practice group in Latin America, making it the first Korean law firm to enter the region. The move follows the hire of attorney...
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Sep 09 2010
Faced with a fiercely competitive market for legal services, a number of large firms dealing with start-up clients are finding ways to make their services more...
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Aug 25 2010
THE JURIDICAL HANDBOOK OF BRAZILIAN INVESTMENT FUNDS
Second Edition.
The Handbook aims, precisely, present the general normative structure and the mechanisms by...
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Aug 07 2009
Dears,
As result of my researches on Investment Funds and of my experience as
Business Attorney, I built "A Guide on Brazilian Investment Funds for
foreign...
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May 19 2009
Holland & Knight is facing another lawsuit over its legal work for alleged Ponzi schemer Arthur Nadel.
Several investors who lost about $4.5 million in funds...
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Jan 19 2009
China and South Korea, long ambivalent towards foreign investors, are both set to issue new rules to encourage investment from overseas in 2009 with one simple goal in...
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Sep 26 2008
Freshfields Bruckhaus Deringer has emerged as the latest firm to score a role on Japanese investment bank Nomura’s acquisition of Lehman Brothers’ Asian operations and...
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Sep 19 2008
Milbank Tweed Hadley & McCloy has landed a role advising the creditors’ committee of Lehman Brothers, which recreates the law firm line-up of the Enron bankruptcy....
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Sep 18 2008
The bankruptcy of Lehman Brothers and the announced acquisition of Merrill Lynch & Co. by Bank of America will produce a flurry of legal activity. But for most large...
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Sep 15 2008
Lehman Brothers, the fourth-largest U.S. investment bank, succumbed to the subprime mortgage crisis it helped create in the biggest bankruptcy filing in history....
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Aug 02 2008
David Aufhauser, a former general counsel of UBS’s investment bank, is one of seven senior executives accused of pulling $21 million (£10.6 million) of their own money...
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Apr 05 2008
Investment banking fees for Q1 of 2008 in Asia have dropped by 5.4% on the corresponding period last year, according to a study by Thomson Financial. Fees in Southeast...
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Mar 06 2008
Fidelity Investments Vice Chairman Peter Lynch, former head trader Scott DeSano and 11 employees accepted more than $1.6 million worth of gifts from brokers jockeying...
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Feb 06 2008
Law firm trainees can now pocket equal amounts to their graduate counterparts at investment banks, according to new research – with both camps taking home over £10,000...
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Jan 20 2008
French private equity specialist Sarrau Thomas Couderc has hired DLA Piper partner Frédéric Bucher, who has left the international giant after just 18 months. Bucher’s...
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Nov 02 2007
Allianz SE's Dresdner Kleinwort won a race-discrimination case filed by a former investment banker who sought 10 million pounds ($21 million) over claims he was fired...
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