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Tuesday, March 8, 2016

News Alert: Allen & Overy's new leaders expected to target US expansion


Legal Week | News Alert
March 8, 2016
Allen & Overy's new leaders expected to target US expansion
Magic circle firm’s newly elected leadership team - Wim Dejonghe and Andrew Ballheimer - expected to expand US offering as well as review governance and partner appraisal systems
Freshfields snubs Asia in 2016 partner promotions round
Magic circle firm hands bulk of promotions to lawyers in continental Europe and makes up five in London
Shell kicks off panel review as BG Group appoints ‘transitional' GC
Oil major's panel review underway following mega-merger while merger partner BG undergoes a restructuring
Government fires the gun on £320m legal panel race
The Crown Commercial Service is seeking up to 18 firms to provide general legal advice
Clifford Chance and DLA Piper advise on $1.5bn hotel sale
The pair has advised on the $1.53bn (£1.06bn) sale of an 81% stake in Plateno Hotel Group to Shanghai JinJiang International Hotels
The legal risk hole - the priorities and problems for in-house counsel
This video looks at the impact of legal risk on the financial services sector, and how risk professionals and legal teams can work together to identify, quantify and mitigate it
How operational risk and legal risk teams can reduce the cost of doing business, and improve competitiveness in financial services
Legal losses are the main driver behind a circa 400% increase in operational risk capital costs over the last eight years. What are the new insights to limit the increase in cost of doing business - and regain competitiveness - in developed markets? This video, with EY, outlines the considerations risk teams should keep in mind and comes with an invitation to add your own insights to this emerging risk area.
Legal Week Law Legal Briefings & Resources
Unreasonably refusing to engage in mediation: at what cost?
The court has the power to impose costs penalties on parties who refuse to mediate. In most reported decisions, it is the winning party which is penalised for unreasonably refusing to mediate. Two recent decisions, however, provide a warning to unsuccessful parties, as this briefing explains.
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