The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
THE EUROPEAN Parliament looks unlikely to heed the concerns about EU money laundering legislation's erosion of client confidentiality, with its key civil liberties committee strengthening lawyers' duties to inform the authorities about suspicious dealings.
The parliament has proposed that any reports of suspicious transactions "should be made directly to the financial information authority" of a member state, which in the UK is the National Criminal Intelligence Squad (NCIS).
Some EU lawyers have been using professional bodies as intermediaries for making suspicious transaction reports, which has, said the committee, increased confidentiality and the risk of information being "filtered".
The Law Society said its members would still be given confidential advice. But a spokesman said: "That would not absolve lawyers of the obligation to notify the NCIS."