Full Disclosure:

Practice Area News

By Jaysen Sutton
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Hi Reader 👋🏽,

It's the first week of May, 2024. Here are the most relevant stories for you to be aware of as an aspiring lawyer, from all of the main practice areas:

Mergers & Acquisitions
  • Sony and Apollo submit $26bn all cash bid to buy Paramount Global (Yahoo Finance)
  • The Telegraph up for sale after government law to stop foreign powers owning British newspapers (The Guardian)
  • Nightcap considers takeover of struggling Revolution Bars (Evening Standard)
Competition
  • FCA criticised over plan to ‘name and shame’ the companies it investigates (Investment Week)
Capital Markets / Finance
  • Natwest agrees first mass-market loan against the value of intellectual property (Fintech Finance)
Litigation
  • Phillips reaches $1.1bn settlement to resolve lawsuits over sleep apnea devices (BBC)
  • Butlins sues insurers led by Aviva over a £60m bill from flooding over the definition of ‘storm’ (City AM)
  • Reddit considers legal action against AI firms for unauthorised use of data (OECD.AI)
Economy
  • Eurozone sees 0.3% growth (AP News)
  • UK projected to be the worst performing economy in the G7 (The Guardian)
  • US interest rates likely to stay higher for longer due to persistent inflation (BBC)
  • Nearly 1 in 5 London listed companies have announced a profit warning in the past 12 months (EY)
Law Firms as a Business
  • Freshfields bumps NQ pay to £150,000 (Law.com)
  • PE-backed Lawfront makes its eighth law firm acquisition (LegalFutures)


Have any thoughts? I'd love to hear your perspective below!

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