Picture the scene. Your trusted external law firm advised that you have a strong claim, likely to yield a significant financial upside for your business. The budget to run the claim is £2m, including adverse costs risk, but subject to possible change. The firm cannot agree to a fixed fee. They also advise that your …
If you are a chief executive, finance director or general counsel, you might have some set ideas about how lawyers charge for their work. You might also think your business has a good claim, but are reluctant to pursue it. Whether it is a lack of resource – both human and financial – or a …
Corporate clients are of course no strangers to litigation. Listening to in-house counsel talk about how they approach litigation, they will often regard it as an inevitable, if undesirable, by-product of doing business. When it arises out of their core business activity, and particularly for large organisations – banks and insurance companies, for instance – …
The government enacted the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the MLR 2017) on 26 June 2017. These are based on the same principles as the pre-existing rules, but contain significant changes which affect how regulated organisations must structure their anti-money laundering (AML) functions and carry out …
AdamsonJones provides intellectual property (IP) services encompassing patent, design and trade mark protection and advice in the UK, Europe and throughout the world. The firm works with an expanding list of sophisticated and demanding clients, ranging from innovative start-ups and small and medium enterprises (SMEs) to multinational corporations and internationally renowned universities. AdamsonJones also represents …
From the perspective of a GC at a major multinational, which will be the key external adviser over the next ten years, the legal firm that is top decile at attracting, motivating and retaining the best talent throughout its business? Or the institution that excels at building market-leading systems, processes and technology? Put another way: …
Recently, McDonald’s and other brands have been accused of cultural appropriation, using without permission the work of street artists in advertising campaigns in Europe. These companies will spend many millions on protecting their own brands and for McDonald’s, with a strong tradition in supporting the arts, it should have known better.
Unsettled Lloyds legal team reports to finance The legal team at Lloyds Banking Group (LBG) now reports to the bank’s finance team after the group’s latest reorganisation, which also saw the departure of chief people, legal and strategy officer and ex-Linklaters managing partner Simon Davies, after less than two years. The move has shifted responsibility …
It is the phone call that all in-house lawyers or chief compliance officers may dread. It might be from your IT team, or from law enforcement, reporting that there has been a security breach and that data has been leaked to the dark web; or it might be from a journalist, telling you that they …
Within a month of Mark Cooper joining National Grid (NG)’s in-house team in 2015, things became very busy very quickly. UK general counsel Rachael Davidson told him that one of the businesses he was looking after – NG’s gas distribution network – was going to be sold off.
Hailed as representing the first-ever truly pan-EU patent system set to come into being later this year, the future of the new Unitary Patent Court (the UPC) has been thrown into doubt.
As a former senior staffer in the Clinton administration, David Fein has a tendency to chart his career and life against the backdrop of US politics. While working as a state district attorney, it was early in Barack Obama’s second presidential term that Fein found himself getting wistful for a new chapter, one that would …
