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Inside Counsel

Former SEC enforcement co-director lands new litigation gig

Milbank, Tweed, Hadley & McCloy has revealed that Canellos will head up the firms litigation department
3 minute read

International Edition

TTIP of the iceberg – what the Transatlantic Trade and Investment Partnership means for lawyers on both sides of the Pond

It has been billed as the largest free trade agreement in history, yet many trade lawyers are still in the dark when it comes to the details of the Transatlantic Trade and Investment Partnership (TTIP) deal. TTIP, which was announced last summer and is now being negotiated, will for the first time create a trade treaty between the US and the EU in its entirety. Designed to drive growth by removing trade barriers and tariffs, independent research cited by the European Commission suggests the annual benefits could be as much as €120bn (£99.9bn) to the EU economy, €90bn (£74.9bn) to the US and €100bn (£83.2bn) to the rest of the world. "Everybody is going to be affected by this, and it really will change the balance of political power," says Ross Denton, a UK-qualified partner in Baker & McKenzie's European competition and trade department. "In recent years the balance [of US trade] has been gradually shifting towards Asia, because they don't have the same heavy tariffs. But if you eliminate most tariffs between the EU and US, then this will have huge ramifications for business."
11 minute read

Inside Counsel

New tool from LexisNexis offers help with litigation budgets and forecasting

Legal research and business information database company LexisNexis has a launched a new product for law firms to rate benchmarking data which will allow general counsel to forecast the cost of potential litigation in order to make informed decisions with strategy.
3 minute read

Inside Counsel

Barclays reveals massive increase in litigation provisions

U.K. firm Barclays' report issued on February 11 details the huge increase in litigation provisions that the company allotted for 2013.
6 minute read

Inside Counsel

The bodies and cases that have framed e-discovery precedent in arbitration

Arbitration panels and participants need a clear set of guidelines to signal their responsibilities, and those guidelines ought to be set in line with the goals of arbitration itself.
11 minute read

International Edition

Mayer Brown defends five Lloyd's syndicates from Madoff action

Law firm Mayer Brown has helped defend an action from Swiss financial advisers Genevalor, Benbassat & Cie on behalf of three funds under an insurance policy.
1 minute read

Inside Counsel

Lawsuit targets DOJ JPMorgan agreement

The non-profit group Better Markets has filed a lawsuit against the DOJ saying that crucial details about its deal with JPMorgan were not made public, calling into question the validity and constitutionality of the deal.
6 minute read

Inside Counsel

How has the AIA affected small businesses?

With the one-year anniversary of the first-to-file provision looming, has the law hurt small companies?
2 minute read

International Edition

Barclays more than doubled litigation provisions in 2013

Barclays increased the amount it sets aside for litigation by 142% last year, in a move to hedge itself against several outstanding disputes and enforcement actions by authorities in the UK and US.
3 minute read

Inside Counsel

Will Supreme Court sit in for a hand of Texas Hold’em?

The Supreme Court may be asked to decide under what circumstances poker is gambling prohibited by federal law. A petition for certiorari filed on Nov. 13, 2013 asks the Court to take the matter up in the coming term.
5 minute read

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