At Least the New Guys in Town Have Fewer Conflicts

Using client-conflicts ethics rules as a tactical offensive weapon may not be entirely new, but a high-profile case out of the UK that saw Slaughter & May oust Freshfields as the counsel of choice to Philip Green (attempting to take over Marks & Spencer) may...

Giving New Meaning to 24/7

I for one am surprised this hasn’t happened sooner, but outsourcing administrative and staff functions—if not yet paralegal and even attorney functions—just got a high-visibility boost from the entry of Hildebrandt consulting into the sector. ...

SOX & Knee-Capping Our Comparative Advantage

I rarely if ever will use this blog for editorial purposes, but as a securities lawyer who chose that practice specialty primarily out of my (economist’s) immense respect for the United States’ capital markets—an area where we have a comparative...

Sarbanes-Oxley in the EU?

Sarbanes-Oxley "lite" in the European Union?  CFO Magazine has a nice discussion of the state of financial regulatory reform in Europe, especially in the wake of the Parmalat meltdown and scandal, which deeply implicated some of the key banks funding...

Multinational or Global? US or UK?

Is the Atlantic "pond" bridge-able by Wall Street and Magic Circle firms?  Or are the cultural and financial schisms simply too large? This provocative Legal Week article argues that the difference in approach and attitude between US and UK firms is...

Want to Get Bigger Fast? Caveat Emptor

The UK publication Legal Week posits that mergers are becoming an endangered species because, among other things: cultural considerations are seen as increasingly central to differentiating a firm from its competitors, and cultures are inherently difficult to merge;...
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