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Departures and Cutbacks Take Ashurst Partner Exits to 22
Ashurst has seen 22 partners leave its limited liability partnership since January -- equating to around 10 percent of its partnership as it stood at the beginning of the current financial year. The top 10 London law firm had 235 partners at the beginning of May. The number of departures is higher than the figure initially predicted in January, when it emerged that 10 partners were to leave Ashurst's equity over the course of this year in response to the economic downturn, including retirees.Ineligible Pro Hac Vice Attorneys, In-House Counsel and Multijurisdictional Practitioners
Notice to the bar.Arbitration Scorecard: Treaties
A listing of investment treaty arbitrations active in 2007-2008 in which at least $100 million was in controversy. Expanded for the Web.Venturing Overseas for Software Services
HE RECESSION and events of last fall may have caused a slowdown in the U.S. economy, but they have not derailed the growing trend of U.S. corporations to reach beyond our borders for software development and maintenance services. In fact, it is quite likely that the business downturn, and the corresponding pressure it has placed on companies to cut costs, has contributed to an acceleration of overseas sourcing. For corporations large and small, located in Silicon Alley, Silicon Valley or elsewhere, the everIRS Cracks Down on Tax Shelters
No issue has rumbled through the tax community more noisily in recent years than that of corporate tax shelters. New IRS regulations aimed at squelching the most abusive shelters have generated a torrent of commentary from tax advisers, promoters and business clients.Trending Stories
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