In recent years, financial crime prosecutors have sought to encourage companies to establish compliance programmes designed to avoid – or at least detect – illegal conduct, by including the requirement as a precondition to their securing a reduced penalty, or other form of leniency, following a compliance incident. In responding to those incentives by implementing …
Ahmed Badr did not want to be a lawyer. A self-professed ‘huge geek’ at school, he was never happier than when sat a computer doing some programming or web design. ‘You would never find me playing football,’ he reflects.
Against a backdrop of Government expressions of support for ethnicity pay reporting in the UK in 2018 and a consultation paper which appeared to favour some form of Government intervention, the lack of any legislative proposals since had been perceived by some as a sign of waning commitment. Immediate reaction to the independent Government Commission …
New role for Booth at Crown Estate Rob Booth, one of the leading lights of the in-house legal community, will be stepping away from his position as general counsel and company secretary at The Crown Estate to become the company’s new head of assets.
The legal industry is still fragmenting. Pre-2008 it was an easier game: a buoyant economy, predictable government and a converging world flattened by globalisation and the internet. Law firms sought to be ‘global’ and ‘full-service’ and merged or opened offices accordingly. The business model was simple: bigger clients, bigger teams, higher utilisation, higher rates. Hold …
‘It’s a snowball effect. Look at private equity (PE) – that used to be dominated by Clifford Chance (CC), Freshfields and Ashurst but now it’s US firms,’ warns Weil London head Mike Francies. ‘The same hasn’t happened in M&A yet but nearly all of the top US firms here are now trying to build it. …
The current Chilean regulations on data protection, Law No 19,628 on privacy protection (DPL), enacted in 1999, has become outdated and it does not properly regulate new scenarios that the development of legal relationships between participants of an economic system creates.
The Covid-19 pandemic has presented an unprecedented challenge to the global economy. A lot of businesses ran into severe difficulty and even went on the verge of bankruptcy. Many employers cut employment directly by terminating employment contracts with employees instead of reducing salaries or arranging for employees to await job assignments to reduce labour costs. …
