NHS plans to use Palantir data collection software could face legal challenges, campaigners say November 7, 2022 NHS plans to collect patient data using software developed by controversial US tech firm Palantir could be challenged in court. Campaigners have said they are considering filing a judicial review to challenge the plans, which would see NHS patient data processed using Palantir’s Foundry analytics platform. The threat of legal action comes after the UK government cancelled a [...]
US law firms get their money’s worth by working lawyers almost 14 hours a day November 5, 2022 London trainee lawyers at top US law firms are working nearly 14 hours a day, new research shows. Junior and trainee lawyers at Chicago headquartered firm Kirkland & Ellis work the longest hours, in starting at 9:19am and clocking off at 11:11pm, research from Legal Cheek shows. The rankings show all ten of the law [...]
British companies are failing to keep up with criminals, in-house lawyers warn November 3, 2022 In-house lawyers working in major British companies are becoming increasingly concerned that the firms they work for are failing to keep up with the methods being used by criminals to carry out financial crime. More than two-thirds of in-house lawyers surveyed by law firm Ashurst said they have concerns about their companies’ abilities to keep [...]
Court blocks ‘Essex boys’ traders’ bid to overturn City watchdog’s decision November 2, 2022 A group of oil traders, dubbed the “Essex boys,” who made $700m (£614m) from the collapse in oil prices that saw crude trade negatively at the start of Covid-19, have failed in their bid to overturn a decision by the UK’s financial watchdog to assist US authorities. Traders linked to oil brokerage Vega Capital London [...]
UK’s court system must adapt to digital age in the interests of open justice, MPs say November 1, 2022 The UK’s court system must adapt to the new digital age to ensure the British public have access to reliable, high-quality information, MPs have said. In a new report, the House of Commons Justice Committee calls for court documents to be made available for free, as it argues the decline of court reporting could cause [...]
City watchdog charges five men over ‘all or nothing’ investment fraud November 1, 2022 Five men, who allegedly defrauded investors of £1.2m via an “all or nothing” investment scheme, have been charged by the UK’s financial watchdog. The five men, who are accused of using investors’ money to fund their luxury lifestyles, convinced UK investors to put their cash into high-risk binary options, which have been banned for retail [...]
DWF launches menopause policy in bid to tackle legal sector’s staffing crisis November 1, 2022 DWF has launched a new firm-wide policy to support women going through the menopause, as it seeks to boost its retainment of staff in the face of an exodus of older women from the UK’s workforce. The UK law firm’s policy seeks to support DWF employees going through the menopause with a view to raising [...]
City law firm Gunnercooke enters US market through launch of New York offices November 1, 2022 City law firm Gunnercooke has made its first entry into the US market following the launch of new offices in New York City. The launch of Gunnercooke’s new offices, at the 36-story tall 1 Rockefeller Plaza building in Manhattan, comes as the UK firm’s first venture outside of Europe, following the launch of its German [...]
Scarborough law firm fined over anti-money laundering failures November 1, 2022 The UK’s solicitors’ watchdog has fined Scarborough law firm Pinkney Grunwells Lawyers LLP £2,000 and ordered it to pay £600 in costs over its failure to put in place anti-money laundering (AML) provisions. The Solicitors Regulation Authority (SRA) said Pinkney Grunwells had been “reckless” in failing to heed multiple warnings over a three-year period over [...]
Slaughter and May lets lawyers clock out of emails from 10pm to 8am October 30, 2022 Magic Circle law firm Slaughter and May is set to let its lawyers log out of their emails after 10pm in a bid to prevent “unnecessary incursions” on its employees’ work-life balances. However, lawyers at the elite London firm must still be “reachable by phone” and may still be required to check emails past 10pm [...]