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Cisco Legal Team Pioneers Business Communication Technology
For the bulk of international in-house legal departments, the prospect of negotiating deals or contracts with colleagues in different time zones is a communications headache the only cure for which is to be found at the end of a lengthy plane journey. Not so for lawyers at Cisco Systems. By grace of cutting-edge communications technology pioneered by the company, Cisco's legal team can easily exchange ideas with colleagues on the other side of the world.New GC to Lead Utilities Giant's Legal Overhaul
United Utilities is set to overhaul its legal department following the appointment of new general counsel Tom Keevil. Keevil joined the FTSE 100 utilities giant from tobacco group Gallaher at the beginning of December following the departure of former United Utilities GC Tim Rayner, who joined Rolls Royce in April. Group legal manager Simon Gardiner, who acted as interim GC before Keevil's appointment, steps up to become head of legal, while former legal services chief David Hosker becomes senior counsel.Herbert Smith, Davis Polk Win Key Roles on Chinese Banking Giant's Record IPO
Herbert Smith has won a role on what is set to be the world's largest-ever initial public offering as the Agricultural Bank of China goes public. The U.K. top 10 firm is advising the underwriting banks on the landmark listing, while Davis Polk & Wardwell has taken the key role for AgBank. The landmark listing was initially valued at as much as $30 billion, although market estimates have since been tempered by a drop in China's stock market, with a figure of $23 billion now thought to be more likely.Average Trainee Retention Rate Rises at Top 30 U.K. Firms
Trainee retention rates at the U.K.'s leading law firms are recovering strongly. The average retention rate for September intakes at the top 30 firms is currently 81 percent, an improvement of 7 percent over September 2009. Four firms so far are keeping on more than 90 percent of trainees.Law firms slow Asia expansion as credit crunch contagion spreads
Essentials to Know About China's New Antitrust Law
China's National People's Congress has adopted the Anti-Monopoly Law, the first ever comprehensive competition law in the largest emerging market in the world. The new law will take effect in August 2008. What are the essentials of China's emerging antitrust legal regime? The following are 10 key things to know about this area, from attorneys Steve Yu and Peter Corne. The authors also warn companies to keep a sharp eye on future important developments, such as new AML implementing rules and guidance.Clifford Chance Eyes Morocco Launch as Part of Expansion Plans
Clifford Chance has plans to launch a Morocco office -- its first location in Africa and the latest international effort by the firm. Clifford Chance still has to seek regulatory approval for the office, which is expected to focus on infrastructure, energy, mining and international corporations doing business in the region.Trending Stories
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