Legal Week | News Alert
April 4, 2016

Panama Papers - law firms ‘aren't doing nearly enough’ on data security
Partners and security experts react to news of the massive document leak from Panama offshore firm Mossack Fonseca

KWM Paris private equity team jumps to Goodwin Procter
KWM Paris managing partner leads team of four partners joining US firm to open its first office in the French capital

Pinsent Masons partner promotions fall from 29 to 18
The number of promotions has fallen following last year's bumper round

Holman Fenwick Willan strikes alliance with Shanghai firm to offer Chinese law advice
HFW forms an alliance with Chinese firm Wintell & Co under the Shanghai free trade zone rules

Sidley hikes City associate pay to £100k to match Kirkland recruits
US firm also set to pay out hundreds of thousands of pounds in one-off payments to secure team of lawyers from Kirkland

Co-op Bank conduct and legal risk costs nearly double to £193.7m
Bank chalks up £193.7m of conduct and risk costs as it announces £610.6m pre-tax loss

Serious and organised crime costs the UK at least £24 billion each year

Learn more about due diligence and recognising the red flags to protect yourself and your business from money laundering:

Are there reasons not to trust your client?
Are there inconsistencies in the information provided?
Is the amount of funds and their source unusual?
Are there discrepancies in their transactions?

In association with: Home Office, the Law Society, Solicitors Regulation Authority, National Crime Agency

Legal Week Law Legal Briefings & Resources

Reporting issues, reverse takeovers and the referendum: UK corporate update
This Linklaters newsletter rounds up key recent developments for UK corporate lawyers, covering subjects including reverse takeovers, shareholder voting, the UK’s EU referendum, and a new consultation on the communication and distribution of information during an offer.
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PRIVATE EQUITY LAWYERS

Edwards Gibson is searching for associates on behalf of a US law firm’s tier one Private Equity team as its strategy for 2016 begins to pay off. Following headline hires over the past year, an opportunity has arisen for corporate associates with 1-4 years’ experience to join one of the best PE teams in London. It offers great responsibility at a junior level and clear prospects for more experienced lawyers. Follow the link and get in touch to find out more.

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