Exodus From Irell & Manella’s Deal-Makers Continues – 2 More Leave to Join Reed Smith

Leaving office

The exodus of transactional lawyers from Irell & Manella continues with two corporate partners joining Reed Smith.  Irell & Manella is abandoning most of its transactional practices in an effort to focus solely on high-value litigation work, in a move that’s lead to the departure of a number of partners, including two more this week.

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Solicitors See COVID As a Critical Threat – But A Strong Future Is Still Anticipated

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Confidence is high in the 2020 Bellwether survey, with 84% of firms stable or growing. Yet, paradoxically, 38% of solicitors are pessimistic about their client’s prospects, seeing COVID-19 as a critical threat for them. LONDON, 29 July 2020 – The latest Bellwether report titled “OMG or BAU – COVID-19 and the legal industry” was released today

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Former Construction Boss Pleads Guilty to Tax Evasion in Bribery Scheme

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Other Executives Charged and Sentenced for Participation in Same Construction Kickback Scheme  Audrey Strauss, the Acting United States Attorney for the Southern District of New York, announced that RONALD OLSON, a vice president and deputy operation manager for Turner Construction Company (“Turner”), pled guilty today to charges of evading taxes on more than $1.5 million in bribes

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Australia Law: Litigation funding for class actions promotes access to justice, but contingency fees are problematic

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Australia’s class action regime, including the role of litigation funding, has been an effective and reliable means of delivering access to justice, but contingency fees create undesirable ethical risks, the Law Council of Australia has told a parliamentary inquiry today.  The Law Council of Australia President, Pauline Wright, told the Inquiry into Litigation Funding and the

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NBR Appeal To Claim Serious Threat To NZ Media in Heavy Joyce Costs Award With Chilling Effect

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NBR are appealing the award of $269,000 costs award made in favour of former National Minister Steven Joyce, after he had won a defamation case against the newspaper involving a column written by Matthew Hooton and involving Tweets and apologies. Justice Pheroze Jagose heard the case last year and made the decision that Joyce had

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Dumping The RMA: Randerson Report Recommends Replacement of RMA

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A report from retired Court of Appeal Judge Tony Randerson QC has recommended replacing the RMA with two separate pieces of legislation to better deal with building growth and environmental concerns. The Randerson review has called to replace New Zealand’s much-criticised legislation for development with two new ones, as well as the creation of new

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Multi Million Dollar Co-Working Ponzi Scam Sees British Citizen Jailed

investment fraud

Audrey Strauss, the Acting United States Attorney for the Southern District of New York, announced today that SAVRAJ GATA-AURA (“GATA-AURA”) was sentenced yesterday to four years in prison for participating in a scheme to defraud more than 800 investors of more than $40 million by making false and fraudulent representations about, among other things, the management, profitability, and

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