The Financial Conduct Authority launched a consultation on Monday into how its planned new body will oversee the way professional bodies comply with money laundering regulations, as the regulator also seeks views on the costs it will impose on the industry to fund the work.
U.K. insurer Aviva PLC announced on Monday the first five new firms it will support in its joint financial technology program with a "start-up accelerator," in a project to help exploit the technologies that will revolutionize insurance and financial services.
Only a handful of the largest U.S. law firms are led by women. Here, in their own words, are perspectives from Shook Hardy & Bacon Chair Madeleine McDonough, Crowell & Moring Chair Angela Styles, Morgan Lewis & Bockius Chair Jami Wintz McKeon and Goodwin Procter Chair Emeritus Regina Pisa.
As gender bias suits pile up against law firms, it remains to be seen how they will impact recruiting in the industry. But some legal experts say firm leaders may want to look at the complaints as blueprints for change.
A handful of law firms of various sizes and types are outpacing their peers on including women in their ranks. Here’s why four of them are positioned toward the front of the pack.
U.S. law firms have long been overwhelmingly dominated by men, particularly at the partnership level, and Law360’s latest Glass Ceiling Report shows that recent progress has been — at best — only incremental.
While the legal industry continues to struggle with gender parity, this year’s Glass Ceiling Report shows that some firms are ahead of the rest. Here, Law360 reveals its third annual ranking of the best law firms for female attorneys, based on their representation of women at the nonpartner and partner levels.
In a bid to elevate more women to positions of authority, law firms are taking a page from the National Football League's playbook.
Medidata Solutions Inc. is entitled to coverage from a Chubb Ltd. unit for a $4.8 million loss it suffered when it was tricked into wiring the money overseas, a New York federal judge ruled on Friday, holding that the incident constituted covered computer fraud under Medidata's crime policy.
The Fifth Circuit Thursday shot down a Florida warehouse owner’s claim Alterra American Insurance Co. owed it $10 million for underinsuring its warehouse, saying the owner's legal claims did not pass muster in multiple states.
Couples suing a Kentucky county clerk for refusing to give them marriage licenses as part of her protest against same-sex marriage are entitled to attorneys’ fees even though their case ended up getting dismissed, a Kentucky federal judge said Friday in shooting down a magistrate judge’s recommendation to deny fees.
Important parts of Affordable Care Act repeal legislation cannot be approved in the U.S. Senate with a simple majority, dealing a fresh setback to the Republican repeal effort, according to procedural rulings Friday.
RJ Health Systems International LLC on Thursday urged a Connecticut state judge to rule that a unit of The Hartford must fully fund its defense of Bayer's suit alleging that the drug information company falsely listed the price of the intrauterine device Mirena at nearly $200 less than it actually costs, causing the drugmaker to lose income.
A bid to have the U.S. Supreme Court review a Florida statute giving patients access to hospital incident reports and a looming California ruling affecting doctors on workers' compensation panels are among the medical malpractice cases attorneys will be following in the second half of 2017. Here, Law360 takes a look at four pending cases.
Despite more focus and investment, the numbers continue to show little progress in advancing women to the top tiers of firm leadership. Considering the irreversible nature of the transformation of the market for top talent, it is time to start experimenting and innovating from the core, rather than from the periphery, say Anusia Gillespie and Scott Westfahl of Harvard Law School.
Travelers Indemnity Co., formerly bankrupt Alpha Natural Resources LLC and others asked a West Virginia federal court on Friday to remand a wage suit by former coal miners, saying they've reached a settlement that belongs in state court.
The Federal Circuit on Thursday, in a matter of first impression, backed a district judge’s order requiring a UnitedHealth Group Inc. unit to turn over documents related to its patent for a software that processes medical claims, finding that the company is bound by its predecessor's attorney-client privilege waiver.
After a global regulatory forum announced tentative new capital requirements for the world’s biggest insurance groups on Friday, the U.K.’s leading trade association quickly raised concerns about the impact of this latest regulatory package, dismissing it as unfit for purpose.
The emergence of connected and autonomous vehicles will lead to industry participants collecting and analyzing immense amounts of data from those vehicles for many purposes. But first, key legal issues must be addressed. European data protection laws present particular challenges, say Oliver Yaros and Ryota Nishikawa of Mayer Brown LLP.
New City minister Stephen Barclay is to meet government immigration chiefs in the coming days to plead the case for foreign employees in London’s financial services sector to be given protected status, the Treasury confirmed to Law360 on Friday.
It can be challenging for midsize law firms to develop an enterprise cybersecurity program that mitigates the eminent threat of data breach and meets the regulatory and compliance requirements of the firm and its clients. This challenge becomes daunting when considering the steady rise in client audits, say K. Stefan Chin of Peckar & Abramson PC and John Sweeney of Logicforce.
The debate over the possible merger between the United Kingdom's National Crime Agency and Serious Fraud Office has underlined the chronic underfunding of law enforcement. Increasing the budgets of the police and Crown Prosecution Service would be more helpful than an unnecessary merger, says Collingwood Thompson QC of 7 Bedford Row.
The U.K. government announced on Friday that Lady Brenda Hale has been appointed the new president of the Supreme Court, making her the first female to fill the position of the U.K.’s most senior judge.
The U.K. Financial Conduct Authority announced fresh reporting rules on Friday that will help pension providers identify risks emerging from radical reforms introduced in April 2015.
Britain’s Financial Conduct Authority and Hong Kong’s Securities and Futures Commission have agreed to assist each other in the supervision and oversight of regulated firms in their respective jurisdictions, under a supervisory memorandum of understanding published on Thursday.