Bakers’ Leite set for second term leading world’s largest law firm

Eduardo Leite looks set to be re-appointed as chairman of Baker & McKenzie shortly after it regained its position as the world’s largest law firm. Leite, who took charge of the US-bred practice in 2010, has faced no opposition for the post and partners at the firm understand his re-election will be a formality. His …

Weil, Gotshal & Manges settles multimillion-pound negligence claim with private equity house

Weil, Gotshal & Manges has paid over £3m to settle a professional negligence claim made against it in late 2013 by private equity house Bancroft. The case was set to be heard before the commercial court in July but the US law firm agreed a confidential settlement that Legal Business understands to be between £3m …

Hong Kong Law Society president forced to go amid row over independence from China

Ambrose Lam, president of the Hong Kong Law Society since May last year, was forced to resign on 19 August after a vote of no confidence was issued in response to his recent support of a Beijing white paper that raised issues over Hong Kong’s judicial independence. Hong Kong lawyers turned out in force on …