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August 22, 2024 | Law.com

'Firms Fear the PR Hit, Not the Sanction': Big Law on Edge After Simpson Thacher Anti-Money Laundering Prosecution

The London office of another prestigious New York-headquartered law firm has expressed concern over the news this week that Simpson Thacher will face a U.K. tribunal for alleged AML shortcomings.
5 minute read
July 26, 2024 | Law.com

Massachusetts High Court Resolves Definition of 'Surface Waters' in Insurance Dispute Over Flooding Damage

"In sum, we conclude that it is ambiguous whether rainwater accumulation on roofs constitutes 'surface waters' within the meaning of the policies," Associate Justice Scott L. Kafker wrote for the Massachusetts Supreme Judicial Court. "Our conclusion that this language is ambiguous is confirmed by the inconsistency in the case law, which flows naturally from this ambiguity. As we must read any such ambiguity in the policies in favor of the policy holder, we do so in the instant case."
5 minute read
July 19, 2024 | New York Law Journal

A Bouquet of Recent Ethics Opinions

The New York State Bar Association Committee on Professional Ethics, which provides a valuable service to New York lawyers (and clients) by giving guidance to practitioners on ethical issues, has issued a number of ethics opinions in the past six months, a few of which are discussed in this article.
9 minute read
July 18, 2024 | Law.com

Herbert Smith Freehills Posts Double-Digit Rises Across Key Metrics

The firm also reported an increase in the share of its partners who are female.
2 minute read
July 05, 2024 | Daily Report Online

Federal Judge Finds Insurer Obligated to Defend Apartment Complex Following Fatal Fire

"Judge May's order denying summary judgment represents an accurate application of the law. The order not only follows legal precedent but also provides a clear and reasonable interpretation of the insurance policy and exclusions that Kinsale drafted," said Jeff Shiver of Shiver Hamilton Campbell.
4 minute read
Law Journal Press | Digital Book Texas Legal Malpractice & Lawyer Discipline 2024 Authors: Charles F. Herring, JR, Jason M. Panzer, Leah Turner View this Book

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July 02, 2024 | Corporate Counsel

Corporate Threats at Highest Level in 12 Years, Report Finds

Respondents to a Clyde & Co. and Winmark Global survey foresee "the competitive advantages from AI being short-lived as early innovations become commoditized over time."
4 minute read
July 01, 2024 | Texas Lawyer

5 Lawyers Disciplined After Health Issues Compromise Work

Two attorneys were disbarred because of felony convictions, another two resigned in lieu of facing disciplinary actions, five attorneys were suspended because of disabilities or other health issues that adversely affected their clients.
11 minute read
July 01, 2024 | Law.com

Baker McKenzie Raids Cliffe Dekker for 5-Lawyer Banking & Finance Team in S. Africa

The team is led by Phetole Modika and Pitso Kortjaas who both join Baker McKenzie as partners.
4 minute read
June 30, 2024 | The American Lawyer

Is the 'Magic Circle' Dead, Or Just Different?

The make-up of the largest, most dominant law firms in the U.K. is changing, and the potential new entrants might be there for unwelcome reasons, writes the Global Lawyer.
4 minute read
June 28, 2024 | The American Lawyer

US Firms Rising? The Law Firms with the Largest UK Market Share, 2024

The latest ranking of the top 30 law firms in London, irrespective of where they are headquartered.
4 minute read

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