Citi brokers law firm private equity talks

Citi, the world’s largest bank, has brokered meetings between the UK’s biggest private equity houses and major law firms in a bid to strike investment deals before the Legal Services Act is fully implemented, the Gazette has learned. Citi’s specialist legal group has sent its private equity experts to meet senior management at the UK’s t... More news...
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Wall of China

Chinese walls

The world’s fourth-largest economy is gradually liberalising its legal services market, but significant obstacles remain. ‘Not a single month goes by without some international firm planning to open up in Beijing, Hong Kong or even Shanghai,’ reflects Alastair Da Costa, DLA Piper’s managing director of Asia. How times have changed: for ...

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Aussie class action drive

One of Australia’s leading class action law firms has joined forces with a top Australian litigation funder to mount on assault on the cla...

Client account reform

The Solicitors Regulation Authority (SRA) has backed controversial proposals to allow non-solicitors in law firms to handle client money –...