All articles by Eduardo Reyes – Page 31
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News
In-house concern over compliance message
Most legal and compliance departments in Fortune-1000 companies report that systems designed to boost ethical and compliant behaviour in the rest of the business are not being properly communicated. In 63% of companies, internal performance standards in these areas are ‘neither clear nor adequately expressed’. That is the conclusion of ...
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FeatureRoundtable: the bar
The Gazette’s latest roundtable highlighted the dangers inherent in the development of a ‘two-tier’ bar
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News
How to spot solicitors’ involvement in ‘financial abuse’
Concern that a growing number of solicitors are unintentionally involved in the ‘financial abuse’ of their clients has prompted the Law Society to issue new guidelines. As a result of economic recession, social change and advances in technology the risk of financial abuse is increasing, Chancery Lane said. A practice ...
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News
Prison term sought for quoting Society charity report
Fiji’s attorney general has demanded jail for the Methodist minister found in contempt of court for quoting a Law Society Charity report whose contents were first revealed in the Gazette. Counsel for the attorney, Ropate Green, sought a minimum sentence of six months for Reverend Akuila ...
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News
Firms braced for spending squeeze
Top-100 law firms face a squeeze in client legal spending over the next 12 months, because almost all corporate clients who have not yet reviewed instructions and spend plan to do so. The result will be massive consolidation among the magic circle’s chasing pack, according ...
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News
Competition law
The coalition government was just six months old when it announced a ‘bonfire’ of 192 quangos, among them the Competition Commission and the Office of Fair Trading. Fast forward to 2013 and, albeit without much ministerial fanfare, the Competition and Markets Authority (CMA) has a CEO-designate, Alex Chisholm. He is ...
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News
Client spending squeeze forcing firms to merge
Large commercial law firms face a squeeze in client legal spending in the next 12 months, as virtually all corporate clients who have not yet reviewed instructions and spend plan to do so. The result will be massive consolidation among firms. That is the conclusion ...
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News
How to save criminal legal aid
‘First you've got to get mad!’ The words of Peter Finch's character in '70s film The Network. Judging by the stunning attendance at yesterday's Save Legal Aid demo outside the Ministry of Justice – to coincide with the end of the MoJ consultation on price-competitive ...
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News
Quarter of GCs lack resources to manage
As European in-house legal budgets rise across the board, a divide is opening up between departments that have sufficient resources to provide legal advice coverage, and those that do not. That is the conclusion of benchmarking research by Consero Group carried out among members of its European General Counsel Forum. ...
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ProfileLisa Cameron
Ernst & Young’s UK general counsel Lisa Cameron talks about ‘the best legal role in London’.
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NewsRoundtable: immigration
Former home secretary John Reid described the immigration system as 'not fit for purpose'. Judging by the way cases are dealt with, it plainly still is not
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News
Woolwich, crime and mental health
Murder of a soldier in south-east London – a horrid event with some further nastiness in its wider repercussions. Woolwich isn’t too far from my home, and as when Damilola Taylor was murdered (close enough to our old flat to have the home secretary interviewed ...
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ProfileElisabeth Jones
As chief legal adviser to the Welsh assembly, Elisabeth Jones is politically neutral.
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News
Wragge & Co takes axe to legal support jobs
Top-30 firm Wragge & Co has confirmed that up to 30 jobs could go after a review of its legal support services. The announcement was made after the firm’s board proposed a new structure for back-office functions. The new structure includes a ...
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News
Lawyers need to ‘network widely’
Corporate counsel who cannot show ‘cultural awareness and affinity’ will fall behind in the competition for senior in-house roles, a leading headhunter has warned. Nicholas Hedley of search consultancy Hedley May told the Law Society’s third annual in-house conference that ‘it is not enough to ...
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News
Britain’s fragile legal legacy
The Queen’s decision to cut back on long-haul flights has avoided the need to address the rights and wrongs of her presence at the Commonwealth summit in Sri Lanka, where the rule of law is cause for concern. As has been widely reported, the removal and impeachment of their chief ...
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News
Governance threat to M&A
Worries about compliance and governance standards in companies that are takeover targets are having a chilling effect on the international M&A market, a major international study has shown. The study, by the Economist Intelligence Unit for international law firm Baker & McKenzie, says that unless ...
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News
The Tyco-Eversheds deal – from whiteboard to renewal
News broke late last week that Tyco is extending the 2006 deal it signed with Eversheds, whereby the firm provides the company’s legal needs for a fixed price – in return for sole-provider status for huge swathes of Tyco’s external legal needs.