Increasingly, the notion of law firm ‘convergence’ has prompted meaningful change in many of the world’s biggest legal departments. Here, Paul Smith, the new Chairman at Eversheds expands on the convergence model and explains how a decrease in the number of law firms per client has led to heightened efficiency and a reduction in costs. He also underscores the importance of a deeper sense of trust between law firm and client.
The relationship forged between in-house counsel and their external counterparts is a strong one, and in many cases can determine the volume of work directed their way. From our Representing Corporate Asia & Middle East Survey 2011, we have mined in-house counsel’s votes to reveal the winners of ASIAN-MENA COUNSEL’s External Counsel of the Year accolade.
Ula Cartwright-Finch and Alex Waksman of Herbert Smith Freehills explore the problems associated with witness testimony when an incident at work leads to an internal investigation. Using insights gleaned from the field of cognitive psychology, they reveal how fragile memory can be, the power of suggestion and the critical nature of (mis)leading questions. Here, they take us through the steps that counsel can take so as to diminish the effects associated with these concerns.
Safeguarding the legal profession from being implicated in money laundering
Taking its cue from White & Case and Dentons, Reed Smith is the third international firm to open an office in…
Duane Morris has announced plans to launch its inaugural office in Shanghai, pending the Ministry of Justice’s licensing approval. The new…
Thailand is considering embarking on a course which could see foreign companies listing on the SET (the Stock Exchange of Thailand)…
Paul Smith, the partner known for spearheading the ‘partnering and convergence’ arrangements with DuPont and Tyco International, has been elected the…
ASIAN-MENA COUNSEL’s latest Investigations & Compliance Special Report features a corporate investigator’s guide to handling and mitigating corruption by risk consultancy, Kroll and a look at the changing landscape of bribery compliance in Brazil, India and China from Eversheds. Kim & Chang share with us their insights on how Korea’s regulators are stepping up their efforts to combat corruption on the ground and Ron Yu, director and General Counsel at Gilkron Limited discusses the importance of extending the compliance programme to cover the business ecosystem.
Pre-empting fraud Understanding the mind-set of the Chinese entrepreneur and how business is done in China
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