News – Page 17
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News
Ethics and compliance key issues for in-house
Regulatory challenges are also keeping chief legal officers ‘up at night’.
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NewsRegulators will need to present 'sound evidence' for in-house reform
Legal Services Board says statement of policy will provide transparency about essential issues.
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NewsGCs ‘to quit’ if accountable to City watchdog
FCA to consult on whether individuals in charge of a firm’s legal function in banks, building societies and credit unions need approval under its senior managers regime.
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NewsFCA to consult on in-house accountability
Financial Conduct Authority to consult on whether ‘senior managers regime’ should include those responsible for legal affairs.
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NewsLaw Society outlines 2020 vision
Report looks at how the legal services market will change over the next few years.
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NewsProfession struggling to ‘figure out’ EY Law
EY became the third of the ‘big four’ accountacy firms to be granted an alternative business structure licence in 2014.
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News
Council ‘co-sources’ from law firm amid cuts
Enfield council has announced that national firm Browne Jacobson will be a ‘co-source’ partner in its contracts and commercial team.
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NewsFunder stakes £30m to back PLC’s litigation portfolio
New arrangement will see Burford take on company’s legal costs in return for a portion of the proceeds from the litigation matters.
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NewsGovernment lawyers criticised over killer’s CD damage claim
Submissions ‘lacked objective discussion’, district judge rules.
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NewsLack of supply-chain visibility puts businesses at risk, GCs warned
Senior lawyer at insurer says commercial organisations are not learning lessons from ‘near misses’ arising from disruptions.
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NewsDeal struck on ‘paradigm change’ in data protection
Businesses will face fines of up to 4% of turnover for breaching tough EU data protection rules.
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NewsEY snaps up BLP’s Whalley to run legal risk practice
’Big Four’ firm intends to double its legal services headcount in 2016.
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NewsCharity to pilot 'honorary counsel'
LawWorks wants to develop longer-term opportunities between smaller charities and in-house lawyers.
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NewsLawyers warned against ‘pseudo-cooperation’ in DPAs
Businesses seeking to ‘hinder, delay and generally disrupt’, joint head of bribery at SFO says following first deferred prosecution agreement.
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News‘Punchy’ debut for deferred prosecution agreements
The first ‘plea deal’ secured by the Serious Fraud Office will be formally agreed on Monday.
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NewsSupreme Court justice brands gender quotas ‘corrosive’
Lord Hodge says legal profession is changing at a ‘remarkable’ speed.
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NewsRegulators support ‘aspirational’ pro bono targets
Idea floated as the profession decides how best to respond to the lord chancellor’s proposal to get City firms to fill the justice funding gap.
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NewsNew York may relax foreign lawyer rules
Amendment of rules by New York State Unified Court System would allow jurisdiction to register foreign lawyers ‘in good standing’.
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NewsEssex backs ABS plans to net £1.8m a year
Councillors agree to make application to set up an alternative business structure.
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NewsBanks’ in-house legal teams face shift
Legal teams at banks will have to restructure to meet requirements on business continuity and independence under wide-ranging reforms.