The Lehman collapse: Steve Davis’s view

Looking back on the Lehman crisis Dewey & LeBoeuf chairman Steve Davis says that the years of law firms providing students with guaranteed big salaries to pay off their student debts were as much a bubble as anything seen in the US housing market.

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Latest Briefings

Putting data to work

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 […]

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

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Supreme renovations

“Here Justice sits and lifts her steady scale within the Abbey’s sight and Parliament’s but independent of them both.” The words of former poet laureate Andrew Motion are engraved on the stone benches that grace the entrance to the Supreme Court in Parliament Square, and they are fittingly grand.

Opinion: SFO’s new director – the real deal?

Richard Alderman was appointed director of the Serious Fraud Office (SFO) in April 2008. He arrived at a moment of ­considerable turmoil within the SFO about its depressing performance as a criminal prosecutor.

Onside Law

Onside Law is expanding, but the sports, fashion and media boutique has no plans to turn itself into one of the giants with which it is increasingly competing. Later this month the firm hopes to bring in a new lawyer – its seventh.

Austria

 Cementing its position as the ­gateway to Central Europe, ­Austria’s sophisticated legal ­market has broken new ground in the past year.

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