Organisations are increasingly interested in the adoption of solutions based on artificial intelligence or machine-learning.
This report sets out our Lex Mundi member firms’ insights and predictions for 2021 in respect of mergers and acquisitions, including key concerns facing private company M&A practitioners, deal activity by market segment and sector, in their respective jurisdictions.
In today’s world, general counsel face an ever-increasing demand to manage exponentially more risks, involving greater complexity, in much shorter time frames and with more potential impact on business performance. It is a circle that cannot be squared.
This checklist is the result of ongoing consultations with General Counsel about how Artificial Intelligence (AI) is transforming both their business and the regulatory environment, creating unforeseen demands on corporate legal functions. Increasingly General Counsel are called upon to guide boards, c-suites, coworkers, and external stakeholders through AI-related ethical and legal risks arising from customer and supplier relations, internal operations, and regulatory action. In particular, AI requires an ethical and governance framework that is supported at board level and across the business.
According to the 2019 Lex Mundi Summit keynote speaker, Professor Olaf Groth, the emerging geopolitical order will not be determined as in the past with hard military assets and occupation of physical territory, but by AI capabilities used to manipulate real world outcomes through cyberspace. Already we are seeing a competition for preponderance of AI capabilities to magnify the influence of competing social-ideological systems. Much is at stake.
Global business is increasingly familiar with the prospect of short-notice public investigatory attention, whether from regulators, law enforcement, political forces or as a consequence of sanctions, and this can – in in some cases – devastate individual and corporate reputation.
Despite the fact that the threat of an investigation alone can be enough to paralyse a business, early warning signs are often missed and businesses can mistake an investigation risk for a reputation risk. Those who handle serious issues well are able to triage the issue at an early stage and identify its potential impact, […]
Analysis of recent fines suggests that environmental prosecutions are resulting in more substantial fines, especially for ‘very large organisations’.
On September 22, 2021, the Quebec government adopted Bill 64, An Act to modernize legislative provisions as regards the protection of personal information, enacting significant changes to the requirements governing the use and protection of personal information under various statutes, including notably the Act respecting the protection of personal information in the private sector and the Act respecting Access to documents held by public bodies and the Protection of personal information.
The Data Protection Authority in Hungary (Nemzeti Adatvédelmi és Információszabadság Hatóság), recently published its annual report which included details of a fine of €670,000 (HUF 250,000,000) being imposed on a bank. To date, this fine is the highest imposed by the Hungarian Authority.
Make your next move with The Lawyer Careers. Search and apply for thousands of vacancies, or receive email alerts for new roles when they go live. Whether you're looking at private practice, in-house legal or an exciting business support role, you'll find your future here.Search vacancies
Crypto fraud jumped by a third last year, now the litigators await the fallout
The bottom of the UK200 is fading from existence
Falling revenues and net profits means the merger options are falling for smaller firms
Spain’s Pérez-Llorca has outpaced every other major firm in Europe since 2017
China’s legal market is maturing as the economy falters. 2023 will provide the ultimate litmus test.
When inflation is taken into consideration, more than a third of Top 100 firms haven’t produced real money revenue growth since 2020
Ashurst has established a joint venture with Korean firm, HwaHyun. The deal means that Ashurst will be able to practise Korean law. HwaHyun comprises 17 partners, with total lawyer numbers reaching over 30. Ashurst’s global CEO Paul Jenkins said: “This is the first JV between a Korean firm and an international firm in South Korea, […]
As the global economic situation creates fertile ground for legal market consolidation, the former Polish arm of Weil Gotshal & Manges has announced a merger with a fellow Polish market leader to create an entity worth roughly £30m. Rymarz Zdort, which was created in 2019 after breaking away from the US firm, and Maruta Wachta […]
After a search spanning several years, Morrison Foerster has added a four-strong intellectual property litigation team in London. The US firm’s London office has hired a team led by Steven James from Brown Rudnick. James, who starts at MoFo’s offices in the Scalpel on Thursday, was head of the IP practice across Brown Rudnick’s UK […]
South East firm Birketts has announced a tie-up with Batchelors Solicitors, a 40-strong firm with offices in Kent and London. The merger deal sees Birketts operate in Kent for the first time. The majority of Batchelors’ team is based in Bromley, but it will move over to new space taken up by Birketts in April […]
Leeds has been home to a number of office openings this year, with CMS Cameron McKenna Nabarro Olswang the latest firm to be seeking a launch. The firm has three offices across the north of England in Liverpool, Manchester and Sheffield, but sources say the firm has identified an opportunity in Leeds and is actively […]
A finance partner, who has been at Shearman & Sterling for 16 years, is moving to Allen & Overy. Marwa Elborai specialises in both capital markets and leveraged finance. She was given the nod to partner in 2016. Denise Gibson, co-head of global leveraged finance, said: “It is fantastic to welcome Marwa to our global […]
The Lawyer has updated security and added new features that can't run on this version of Internet Explorer in accordance with Microsoft's end of life notice for Internet Explorer 11.
Our digital products are fully compatible with all modern internet browsers, including Chrome, Firefox, Microsoft Edge and more. You will need to access The Lawyer in one of these.
If this message continues to display, please check your system settings and change your default browser or contact your IT team.