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Lord Goldsmith, the U.K.'s former Attorney General, is spending a lot of time advising anxious clients about the soon-to-be implemented Bribery Act, which has been described as a beefed-up version of the U.S.'s FCPA. He shares some of his insights with us.
New Deals: Lawyers on Major Transactions
In a deal valued at about $3 billion, Paris-based advertising conglomerate Publicis Groupe SA announced last week that it would merge with Chicago-based communications advertising specialist Bcom3 Group Inc. to create the world`s fourth-largest advertising business. Under the terms of the agreement, Tokyo-based advertiser Dentsu, Inc., which owns 21 percent of Bcom3, will trade its stake for 15 percent of Publicis. Dentsu and Publicis have also agreed to a strategic alliance in which each company`s cliU.S. Firms Try to Take 'Mainhattan'
Even as large U.S. law firms continue to pour into Germany, they face a legal market in flux and formidable competition from the U.K. and a few marquee names in particular. Still, it's impossible for a firm that wants to be an international player to ignore the world's third-largest economy. And while Munich is becoming the top destination for new entrants into the market, Frankfurt remains a major legal center, the country's financial capital and Germany's Manhattan -- or "Mainhattan," as the locals say.Trending Stories
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