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International Edition

JPMorgan's Q4 legal bill breaks $1bn mark in wake of major fines

Bank's legal spend 30% up from same period in 2013
2 minute read

Legal Week

Baroness Symons appointed to lead DLA Pipers government relations team

DLA Piper has appointed the Rt. Hon Baroness Symons of Vernham Dean as head of its government relations practice in London and hired a Dechert partner to lead its trade team.
16 minute read

International Edition

In-house legal risk challenge widens - new rules set to make conduct risk part of legal risk

Draft rules published by the European Banking Authority (EBA) in June 2014 would require European banks to quantify broadly-defined legal risks as part of their regulatory-capital calculations. They will force in-house teams to redraw risk-management plans, but may help banks manage the massive costs of conduct breaches - an average of over £50bn a year for ten international banks between 2008 and 2013.
6 minute read

Legal Week

Hogan Lovells hired to lobby for sanctions-hit Venezuela in Washington

Hogan Lovells has been hired by the government of Venezuela to lobby on behalf of the country in Washington on issues that could have an impact on the state.
11 minute read

International Edition

Hogan Lovells hired to lobby for sanctions-hit Venezuela in Washington

Hogan Lovells has been hired by the government of Venezuela to lobby on behalf of the country in Washington on issues that could have an impact on the state.
2 minute read

International Edition

2014 in review: Singapore

As the major hub for South East Asia, the island city-state of Singapore continues to attract investment. Yet it still posed a number of challenges for foreign outfits during 2014, ranging from local practice restrictions to fee pressure. Early in the year it was revealed that Herbert Smith Freehills (HSF) had missed out on its local licence, and would no longer be practicing local law, as White & Case was given a conditional permit, with one year to meet certain targets.
3 minute read

International Edition

Kirkland partner Michael Garcia quits FIFA role over World Cup investigation row

Kirkland & Ellis US partner and FIFA independent ethics investigator Michael Garcia has resigned in protest at how football's governing body handled his report into the bidding processes for the 2018 and 2022 World Cups.
2 minute read

International Edition

Competition and Regulatory Team of the Year: Berwin Leighton Paisner

Finalists: Cleary Gottlieb Steen & Hamilton • Freshfields Bruckhaus Deringer • Hogan Lovells • Osborne Clarke • RPC • Shearman & Sterling
2 minute read

International Edition

DLA Piper and Hogan Lovells only two firms to win FCA report work 18 months after panel set up

DLA Piper and Hogan Lovells are the only two law firms to have so far won work after being appointed to the 'Skilled Person' panel set up by the Financial Conduct Authority (FCA) last April.
3 minute read

International Edition

Clifford Chance partner slams FCA in damning report on pensions probe

A report by Clifford Chance litigation partner Simon Davis has criticised senior figures at the Financial Conduct Authority over their handling of an investigation into long term life assurance products, calling the watchdog's strategy "high-risk, poorly supervised and inadequately controlled".
2 minute read

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