All articles by Eduardo Reyes – Page 34
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Lawyers should not fear Scottish independence
The signs are that lawyers have little to fear from Scottish independence. Of course with the polls currently showing a clear majority against independence, that reassurance may remain an academic comfort for the legal profession. But of the many arguments that will be wheeled out against independence – from Nato ...
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Top firms risk collapse, US economist warns
The very largest corporate law firms are wedded to an unsustainable business model designed around support for their own massive overheads, one of the US’s leading general counsel has warned, predicting more collapses like that of US firm Dewey LeBoeuf. Michael Trotter, now with US firm ...
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Roundtable: the changing role of corporate counsel
In-house lawyers in commerce and industry operate in a landscape that has changed hugely since the turn of the millennium. This new terrain has been shaped by across-the-board growth in the demands of regulators, investors and legislators worldwide, and by an increased sensitivity to litigation risks.
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Labour starts to move on from extradition errors
The Labour party has struggled with the controversial issue of the extradition arrangements it agreed with the US and other states when in government. When home secretary Theresa May announced that she would block the extradition of ‘Pentagon Hacker’ Gary McKinnon in the Commons, and ...
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‘Forum bar’ pledge as May blocks McKinnon extradition
Members on all sides of the House of Commons today cheered home secretary Theresa May’s announcement that she would block the extradition of ‘Pentagon hacker’ Gary McKinnon (pictured). She said she had examined medical evidence, and concluded that if extradited to the US there was a high risk that McKinnon ...
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Drafting a constitution
At the heart of any failed state is a constitution that is not performing – either because the balances its drafters struck between competing demands on the document were wrong, or because the machinery, will and resources to make it work are woefully inadequate.
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Surge in mis-selling claims
Small businesses are rushing to file mis-selling claims against their banks before April, when the Jackson reforms make conditional fee agreements a less viable option. Campaigning organisation Bully Banks, which has been co-ordinating information and campaigns on allegedly mis-sold interest rate hedging products, has urged ...
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What should lawyers make of EBaccs?
What sort of education should lawyers want there to be in our schools? It is the perfect time to ask this, as changes to GCSEs - specifically the introduction of the ‘English Baccalaureate’ (EBacc) in six core subjects - are in part prompted by those who purport to speak for ...
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Could a cover-up on the scale of Hillsborough happen again?
I was in Sheffield the day of the 1989 Hillsborough disaster. Not at the Sheffield Wednesday ground, but just over a mile south at the university, at a conference for youth and student groups. Of course no one had a mobile phone, so news filtered in slowly with whispers and ...
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Support for call to curb hospital and school legal claims
A thinktank arguing for tough limits on legal claims against hospitals and schools is confident it has the support of the relevant government departments, the Gazette can reveal. The Social Cost of Litigation, published this week by the Conservative-leaning Centre for Policy Studies (CPS), argues ...
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‘Litigious climate’ harming public services, says thinktank
The ‘destructive consequences’ of health and education-related litigation have been attacked by influential conservative thinktank the Centre for Policy Studies. Co-authored by social commentator Frank Furedi, ...
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My hope for Chris Grayling
by Eduardo Reyes, Gazette features editor Maybe the new justice secretary is about to have an expensive re-education. I admit that on his record he is not an obvious ‘rule of law’ groupie.
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My hope for Chris Grayling
Maybe the new justice secretary is about to have an expensive re-education. I admit that on his record he is not an obvious ‘rule of law’ groupie. On past form, he thinks it’s fine to shoot robbers in the back when they are running away. He was famously a bit ...
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The reshuffle and the business of law
Under the coalition government, the Ministry of Justice has been marked by a phenomenally loose grasp of detail at the top. When it comes to the business of running a legal practice, this, more than the left-right positioning of ministers, has been a problem. In areas such as the implementation ...
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Shrill reaction from Fiji
Fiji’s interim government craves democratic legitimacy. Yet its members, and a supportive armed services, are unwilling to consider any option that carries the risk of losing power, or being held personally responsible for, actions they took to gain or hold power.
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Banks could not accept the financial products market was saturated
Disputes over interest rate hedging (derivatives) products sold by banks are in the news again this week – this time US state and local governments are looking at whether the products were ‘mis-sold’ and whether they have a case. Closer to home, as predicted by UK lawyers I spoke to ...
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‘Monstrous’ NGO prosecutions in Fiji
Contempt proceedings have been brought by the government of Fiji against a non-governmental organisation for quoting from a Law Society Charity report on the country. The Citizens Constitutional Forum, which supports community education and advocacy in relation to Fiji's Constitution, democracy, human rights and multiculturalism, ...
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Law firm profit divide continues to widen
Revenue has fallen at a quarter of firms over the last year, and the gap in both profitability and growth in turnover between London and the rest of the UK continued to widen. In most firms headcount has remained static or fallen. These are the ...
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UK ‘miscarriages’ model rejected by South Australia
South Australia is now highly unlikely to adopt a UK-style Criminal Cases Review Commission (CCRC), following a report by the parliament’s legislative review committee. The committee also cautioned against the creation of a CCRC at a national level.
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Barclays’ Libor fixing ‘voided’ swaps deals
Barclays’ manipulation of the London inter-bank offered rate (Libor) may have rendered tens of thousands of customer agreements that reference Libor ‘void’, according to a £12m claim against the bank. The case could open the way to claims for sums far exceeding direct losses incurred through Libor manipulation, admitted in ...