Not ‘looming’, the judiciary is already in crisis

If there was much to celebrate amid the continued rise of London as an international disputes centre at Legal Business‘ second Commercial Litigation Summit on 24 May, the cloud on the horizon was apparent: the mounting conviction that the UK judiciary is near crisis.

Growing administrative burdens, earlier retirements, cuts to judges’ pensions and court funding – not to mention far higher earnings on offer for commercial silks. Chairing our debate on the state of the judiciary, Sir Bernard Eder remarked: ’80-100-hour working weeks are nothing to commercial judges.’ Ashurst partner Ed Sparrow picked up the theme, highlighting terrible morale in the 2014 judicial attitudes survey – a report which the veteran litigator branded a ‘terrifying document’ for those concerned with the reputation of the London courts. Sparrow added that thanks to the loss of kudos for judges in austerity Britain: ‘Judges feel that they are treated like assets and I would say sweated like assets.’

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‘A massive shake-up’: white-collar crime lawyers appraise new government measures unveiled at anti-corruption summit

As UK Prime Minister David Cameron has unveiled a range of new measures to boost the UK’s fight against white-collar crime at the Anti-Corruption Summit 2016, City law’s crime specialists have been discussing their impact. Continue reading “‘A massive shake-up’: white-collar crime lawyers appraise new government measures unveiled at anti-corruption summit”

‘It’s only right’: Major City firm leaders publicly pledge to tackle corruption ahead of summit

As the Panama Papers saga continues to dominate headlines around the world, a host of senior law firm leaders have publicly pledged to tackle bribery, corruption, tax-evasion, money laundering and the financing of international terrorism ahead of the London Anti-Corruption Summit tomorrow.

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It’s a risky world out there… and a big chance for a new kind of lawyer

Ashurst’s Ben Tidswell argues a volatile, globalising risk landscape is a call to arms for the modern law firm

One of the many lasting consequences of the downturn has been a prolonged expansion of the globalised compliance framework. Increased oversight of financial markets has been at the forefront of this development, as reflected by the passage of the US Dodd-Frank Act in 2010 and a succession of EU directives. This trend has also witnessed a heightened focus on white-collar crime, targeting areas such as fraud, corruption, tax evasion, terrorism financing and money laundering. Existing laws, such as Canada’s Corruption of Foreign Public Officials Act, have been strengthened, and new legislation, such as the UK Bribery Act, has been introduced.

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Hillsborough inquest: Birnberg Peirce wins for families as Crown mulls criminal charges

Birnberg Peirce & Partners, a law firm which provides representation to families whose loved ones have died in controversial circumstances involving the state, has led almost 20 different law firms in an inquest into the deaths arising from the Hillsborough Stadium Football disaster.

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