Regulation

Morgan Stanley's top legal officer steps down from role

By Legal Week | February 24, 2010

Morgan Stanley's chief legal officer is stepping down as the financial services firm overhauls its legal department to better confront new government regulations, reports Corporate Counsel. Gary Lynch - a former executive vice chairman at Credit Suisse and partner at US law firm, David Polk & Wardwell - will retain the position of vice chairman in London, where he has been based since May.

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DLA loses five-strong Vienna team including office managing partners

By Suzi Ring | February 18, 2010

DLA Piper is to see five partners leave its Vienna office, including the office's joint managing partners Stefan Eder and Wieland Schmidt-Schmidsfelden. The team, which also includes finance partner Martin Geiger, regulatory and litigation partner Ivo Deskovic and corporate partner Peter Solt, are expected to launch their own firm in Vienna.

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Will the FSA step up regulation as Sants steps down?

By Legal Week | February 17, 2010

On 9 February 2010, the Financial Services Authority (FSA) announced that Hector Sants, the FSA's CEO, will stand down in the summer. He will have held the role for three years in July, leading the FSA through a time of extraordinary challenges for financial institutions and their regulators alike. As yet, Sants' successor has not been selected, but financial institutions, their advisers and commentators are wondering what impact a change of leader might have on the FSA's policies and approach to regulation.

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Herbert Smith adds partner to financial regulatory team with Lloyds hire

By Claire Ruckin | January 28, 2010

Herbert Smith has bolstered its financial regulatory practice with the hire of Lloyds Banking Group's head of group regulatory. Jenny Stainsby is set to join the top 10 City firm as a partner in the financial services regulatory (FSR) and bank litigation teams in May. She will work closely with the firm's FSR head Martin Hopper and disputes head Sonya Leydecker.

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SFO recruits former Morgan Lewis City chief

By Jeremy Hodges | January 25, 2010

The former London managing partner of Morgan Lewis, Bob Goldspink, has been appointed as a non-executive director of the Serious Fraud Office (SFO). The high-profile litigator retired from Morgan Lewis at the end of September after 12 years at the US firm. He had been managing partner of the firm's City office since 2004.

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Bingham to launch London antitrust practice with McDermott partner hire

By Sofia Lind | January 19, 2010

Bingham McCutchen is set to launch a London antitrust practice with the hire of a McDermott Will & Emery partner in the City. Davina Garrod, who heads up McDermott's London hedge fund practice, will join Bingham in the next two months as the first European-based partner in the firm's antitrust and trade regulation practice group.

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Mishcons set for New York litigation launch with hire of 15-strong team

By Jeremy Hodges | January 18, 2010

Mishcon de Reya has launched in New York with the hire of a team of lawyers from US firm Sheppard Mullin Richter & Hampton. The surprise move will see a 15-strong team of lawyers and support staff set up shop in the highly competitive New York litigation market, headed up by white collar litigator Jim McGuire.

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Tax evasion in spotlight in post-crunch crackdown

By Legal Week | January 13, 2010

With all the talk of the bank bonus tax, global financial institutions' reassessment of their commitment to London and UK politicians other than Boris Johnson queuing up to bash the City, you might question what place London will have in the financial new world order in 2010. But before you pack your skis and head to Switzerland, the changes since the London G20 Summit and the unstoppable move towards global transparency should make you think again.

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SJ Berwin associate lands new role as director of mergers at OFT

By Legal Week | January 8, 2010

The Office of Fair Trading (OFT) has recruited SJ Berwin lawyer Sheldon Mills as its new director of mergers. Mills, who will take up his new role on 15 February, joined SJ Berwin's EU and competition practice in January 2007 from the London office of US firm Jones Day.

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Lovells wins role alongside 39 Essex Street on new LSB panel

By Legal Week | January 6, 2010

The Legal Services Board (LSB) has appointed Lovells and 39 Essex Street as its main advisors after a tender process. Lovells public law partner Paul Dacam will handle the relationship for the top 10 UK firm. A raft of individuals will also act as specialist advisers to the legal services body, including 1 Crown Office Row's Philip Havers QC, LG business and finance partner Helga Breen, 1 Temple Gardens' Louise Jones, Joanna Tall of legal consultancy Trading Terms and Stephanie Grundy, a freelance expert in drafting statutory instruments.

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The Legal Intelligencer

DC Boutique Joins Del.'s Morris Nichols to Defend Peloton in Clash With US Safety Regulator

By Mike Scarcella | April 19, 2021

Keller and Heckman, founded in 1962, has grown over the years to more than 80 lawyers in Washington, San Francisco, Brussels and Shanghai. The firm boasts about its "broad practice in the areas of regulatory law, public policy, and litigation."

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National Law Journal

Peloton Turns to DC Boutique in Clash With US Product Safety Regulator

By Mike Scarcella | April 19, 2021

Keller and Heckman, founded in 1962, has grown over the years to more than 80 lawyers in Washington, San Francisco, Brussels and Shanghai. The firm boasts about its "broad practice in the areas of regulatory law, public policy, and litigation."

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Delaware Business Court Insider

DC Boutique Joins Del.'s Morris Nichols to Defend Peloton in Clash With US Safety Regulator

By Mike Scarcella | April 19, 2021

Keller and Heckman, founded in 1962, has grown over the years to more than 80 lawyers in Washington, San Francisco, Brussels and Shanghai. The firm boasts about its "broad practice in the areas of regulatory law, public policy, and litigation."

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Legaltech News

How to Mitigate BIPA Liability Exposure When Drafting Online Consumer Arbitration Agreements

By David J. Oberly, Blank Rome | April 19, 2021

Many potential Illinois Biometric Information Privacy Act pitfalls lie lurking in wait that may eviscerate a company's ability to arbitrate disputes if the arbitration-related language contained in a company's online terms of use and similar consumer agreements is poorly drafted.

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Law.com

Higher Law: So You Want to Be a Cannabis Lawyer? | Canadian Firms Ready for Mexico Legalization | Who Got the Work: Goodwin, Venable Advise on SPAC Deal | It's (Almost) 4/20

By Cheryl Miller | April 15, 2021

Welcome to Higher Law. This week we're looking at: Three lawyers offer their takes on the highs and lows of advising the cannabis industry • The Canadian legal connection to Mexican marijuana legalization • Goodwin and Venable's work on a cannabis SPAC merger • New York's impact on the global cannabis market

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The Recorder

All Eyes on Utah: Launching the 'First Nonlawyer-Owned' Law Firm

By Alaina Lancaster | April 14, 2021

Daniel Wilde, an attorney for Law On Call, which claims to be the first nonlawyer-owned law firm in the nation, says the entire country can benefit from the innovative business models coming out of Utah.

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Law.com

Compliance Briefing: PCAOB Is Sued by Its Ex-Risk Officer | Large Firms Seek Out Regulatory Lawyers | Who Got the Work | SEC Whistleblower Chief's Leaving | Morgan Lewis Partner Picked for DOJ Criminal Division Head

By Mike Scarcella | April 13, 2021

Welcome to Compliance Hot Spots, our weekly snapshot on white-collar, regulatory and compliance news and trends.

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Legaltech News

FATF Guidance of NFT, DeFi and Digital Assets: Void for Vagueness?

By Kristin Boggiano, CrossTower and Annemarie McAvoy, Clovis Quantum Solutions | April 12, 2021

The Financial Action Task Force's recent guidance could have a major effect on DeFi and NFTs where, up to now, there has been little or no international coordination for regulating these areas of innovation. But is the guidance too vague for the average reasonable citizen to understand?

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Law.com

Labor of Law: O'Melveny Brings Back Greg Jacob, Counsel to Pence | Cozen's Jennifer Taylor Thrives on Mentorship | New Covid-19 Lobbying

By Mike Scarcella | April 8, 2021

Welcome to Labor of Law, our labor and employment dispatch spotlighting big cases, key issues and developing trends.

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Texas Lawyer

Is Uber Blind?

By Aron Solomon | April 7, 2021

In the 11 years since Uber's founding, the company has faced a range of serious legal issues, foremost among them include inadequate insurance coverage, unlicensed drivers, poor hiring and retention practices, and every safety issue one could possibly imagine.

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