Significant matters

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Pearson revisits adviser panel Pearson has elected to consolidate its legal adviser panels into new ‘general’ and ‘preferred’ rosters, moving away from specialised panels in a bid to reduce costs. Fourteen firms have won places on the preferred panel, which Pearson says will address ‘day-to-day requirements’, in addition to newer areas not historically covered by …

More vision, less admin: putting data to work | Apperio

Legal Briefing

Technology is dramatically changing the practice of law. Big data, machine learning, smart contracts and artificial intelligence are all making the assimilation and interpretation of large amounts of unstructured data much easier. Some doom-mongers see this as the end of the traditional practice of law. We believe, rather, that the trend will be for legal …

Point break

Feature

Legal spend is the second-largest ‘cost centre’ for £21bn global banking giant Barclays. This tantalising statement is in the bank’s 2018 Request for Quotation document, sent to law firms ahead of its final panel review this year and seen by The In-House Lawyer. The document provides detail on what Barclays describes as this ‘sizeable’ legal …

A general view of bankruptcy in Mexico | Rivera Gaxiola, Carrasco y Kálloi

Legal Briefing

When companies face financial difficulties in Mexico, our legislation provides a formal procedure known as concurso mercantil (insolvency) to restructure its finances and provide legal security to their creditors. This procedure is divided into two phases: i) conciliation and ii) bankruptcy or liquidation. The purpose of the conciliation phase is to achieve the continuation of …

Hot topics for credit institutions: MIFID II in Romania | EY Law

Legal Briefing

The long-awaited Romanian transposition of the EU Directive 2014/65 on markets in financial instruments (MIFID II, in force since January 2018) has started this summer with the enactment of two main pieces of legislation – (i) Law 126/ 2018 on markets in financial instruments (Romanian MIFID II Law), closely followed by (ii) Regulation 10-4/ 2018 …

Arbitration in the Kingdom of Saudi Arabia | Legal Advisors, Abdulaziz Al-Ajlan & Partners in association with Baker & McKenzie Limited

Legal Briefing

The arbitration landscape has changed significantly in the Kingdom of Saudi Arabia (KSA) in recent years. In this note, we will explain two important developments that have precipitated this change, namely, a new arbitration law and a Saudi centre for arbitration. New arbitration law On 24/5/1422H (corresponding to 16 April 2012), a new set of …

The GC {Re}Defined | Morrison & Foerster

Legal Briefing

We live in an era of technological disruption where entire industries are being created, decimated, and reshaped. The same forces bringing about those transformations are also redefining roles in the C-suite – chief among them, the general counsel. The GC role has long been evolving from a purely legal function to one more integrated into …

Across boundaries

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Alex Novarese, The In-House Lawyer: How do people feel about the service from law firms? Simon White, Cognizant: There are a lot of individuals I like a great deal but as institutions, I struggle with law firms as a concept. Alex Novarese: Because? Simon White: I work at a company that has a large legal …