In defence of the billable hour

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The benefits of being an early legal tech adopter

There is an old – and unfair – stereotype of the legal profession as stoic and Luddite; avoiding technology until the last possible minute. Today, this picture is deeply undeserved, for several reasons: Technology has permeated every part of corporate activity. Therefore it’s pretty hard to manage anything but the simplest of legal matters without […]

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Putting data to work in the practice of law

By Nicholas d’Adhemar Technology is dramatically changing the practice of law. Big data, machine learning, smart contracts and Artificial Intelligence are all making the assimilation and interpretation of large amounts of unstructured data much easier. Some doom-mongers see this as the end of the traditional practice of law. We believe, rather, that the trend will be […]

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Apperio’s Client Delivery Manager, Phil O’Hagan argues that capped fee engagements may be tempting, but on closer examination are a blunt instrument with often counter-intuitive consequences.

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By Nicholas d’Adhemar Apperio invited a selection of clients, General Counsel and corporate Legal Operations professionals to benchmark the adoption of technology in legal departments. The group discussed the cultural and commercial challenges of technology. Here are five of the most interesting lessons learned…

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Dispute resolution – Yes and no: how funders decide

By David Walker, Investment Manager (Solicitor) for Augusta Ventures According to Pythagoras: “The oldest, shortest words – ‘yes’ and ‘no’ – are those which require the most thought.” Litigation funders would wholeheartedly agree when deciding whether or not to fund a case. As the largest funder in the UK by volume of claims funded, Augusta […]

Bermuda introduces digital asset business amendment Act 2019

By Steven Rees Davies The Digital Asset Business Amendment Act 2019 (DABA Amendment ACT) became operative on 8 October 2019. The Amendment amends the Digital Asset Business Act 2018 that became operative on 10 September 2018 which regulates the digital asset sector in Bermuda. The Amendment replaces the existing definitions of “exchange”, “digital asset services vendor”, […]

The rules on economic substance in The British Virgin Islands

By Jeffrey Kirk On 9 October 2019, the ITA published the Rules on Economic Substance (Rules), which provide detailed explanations and interpretations of the legislative requirements of the Economic Substance (Companies and Limited Partnerships) Act, 2018 (ES Act).  The Rules closely follow the Draft ES Code that has been in circulation since April 2019. The […]

What are the key trends shaping the fund finance industry in Asia?

By Fiona Chan CAYMAN ISLANDS FUND VEHICLES IN ASIA The Cayman Islands continue to be one of the most popular offshore jurisdictions for the Asian finance industry. There are dozens of Chinese funds that manage USD1 billion or more and the Cayman Islands provide the international recognition that many of these managers are looking for. […]

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Name: Ingrid York Position: Partner Firm: White & Case In Hot 100 for: Becoming head of White & Case’s derivatives and structured finance group, taking the lead on a novel, precedent-setting matters. Read her full Hot 100 profile. What’s your most vivid memory from being a trainee? Reading template contracts and text books for days on end before I […]

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