Legal Week | News Alert
February 23, 2016

As partner exits mount, will the magic circle pass the test of time in Asia?

Latham & Watkins to launch in Seoul
US firm becomes latest to enter South Korea after wave of openings by international law firms

Standard Chartered's legal cost provisions increase to $115m
The bank's litigation and regulatory provisions jumped to $115m at the end of 2015 as it made $89m of new provisions

Hogan Lovells introduces unlimited holiday leave across US but Europe misses out
Anglo-US firm follows a number of US peers by removing annual cap on holiday days but move will not apply to offices outside the US

Freshfields and Bakers cook up Bain’s $3.1bn sale of UK catering company
US catering giant Sysco is buying the UK’s Brakes Group and paying down billions of dollars of debt

UK firms save £7m in London rent as international rivals' costs increase
Report shows that the UK firms are clamping down on rent while their rivals are bulking up in the City

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Legal Week Law Legal Briefings & Resources

Corporate law timeline: a one-page guide to the key legal developments to look out for
This handy one-page corporate timeline sets out key forthcoming legal developments and legislation in corporate and company law, including the many changes being introduced by the Small Business, Enterprise and Employment Act 2015.
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