A client’s perspective on rate reviews | Yerra Solutions

Legal Briefing

We just made it through that time of year the majority of law firms update their standard rate cards. They will send these out some time during the first quarter to let those clients who accept such things, often with a standard ‘discount’, know what their new rates became (past tense) effective 1 January.

Why Poland became a key part of Europe’s fintech scene – and what comes next | Soltysinski Kawecki Szlezak

Legal Briefing

Poland is at the forefront of technological advancement in Europe in the implementation of modern payment and banking solutions, such as contactless payments, bank-branded pay-by-link payments, or sector-wide solutions such as the BLIK mobile payment service. The popularity of mobile and e-banking (with almost seven and 14 million active users, respectively) and contactless payments (currently …

Regulators Struggle to Raise the Standard of Care for Financial Advice | Clifford Chance US LLP

Legal Briefing

On March 15, 2018, the U.S. Court of Appeals for the Fifth Circuit (“Fifth Circuit”) in a 2-1 decision vacated the Obama-era U.S. Department of Labor’s (“DOL”) Fiduciary Rule (“Fiduciary Rule”), which responded to a historical shift from traditional pension plans to individually managed accounts, such as individual retirement accounts (“IRAs”) and 401(k)s. The Fiduciary …

The Hot Topic in United States M&A – Corwin | Cravath, Swaine & Moore LLP

Legal Briefing

Introduction The general question of corporate governance can be summarized, in the context of public companies, as three interrelated questions:  who has decision-making authority; how are they constrained in the exercise of that authority; and how are they held accountable for that exercise?  In this model, the U.S. approach to corporate governance has historically been …