Top Stories

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  FCA Plans 'Agentic' Shift To AI-Powered Supervision

  By Tom Fish

  The Financial Conduct Authority said Monday that it plans to become an "agentic regulator," using artificial int...(read more)

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  Uber Defeats £340M Claim From UK Cab Drivers

  By Joanne Faulkner

  Uber defeated claims worth an estimated £340 million ($453 million) brought by drivers of London black cabs and ...(read more)

• Freshfields Sorry After Emailed Remark On Mideast Funds

  By Marialuisa Taddia

  Freshfields LLP apologized on Monday "unreservedly" for a comment about Middle Eastern investors after a leaked email exchange between the firm's global managing partner and another senior lawyer at the firm revealed plans by the firm's leadership to spin off its German-based AI unit.

• Disputes Over Unions' Access Right To Hinge On Intrusiveness

  By Adele Redmond

  A new right for unions to have regular access to workplaces is likely to spur disputes over the extent to which their presence affects an employer's business — and whether that intrusion is justified, lawyers say.

• UK Law Firms See AI Gains But Few Turn Them Into Profit

  By Marialuisa Taddia

  Almost two-thirds of the U.K.'s top 100 law firms have implemented artificial intelligence, but fewer than one in 10 report financial benefits, according to a new report from PwC.

• Allens-Led EQT Reaches $6.5B Deal To Acquire Cleanaway

  By Dawood Fakhir

  Swedish investment business EQT said Monday that it has signed a definitive agreement to buy Australian waste management company Cleanaway for approximately 9.3 billion Australian dollars ($6.5 billion).

• Litigation Funders' Retreat Signals Shift To Private Credit

  By Marialuisa Taddia

  Litigation Capital Management has become the latest funder to stop backing new cases, but its retreat might reflect a shift in how investors finance legal claims rather than waning interest in the sector.

• Pensions Investment Shake-Up May Curb REIT Exodus

  By Najiyya Budaly

  Rule changes introduced by the government in April that allow retirement savings plans to invest in listed closed-ended investment companies could help stem the exodus of real estate investment trusts from the London Stock Exchange, experts say.

• Hogan Lovells Cadwalader Sets Out AI Governance, Tech Plan

  By Marialuisa Taddia

  Hogan Lovells Cadwalader said Friday that it has established a board to oversee the firm's use of artificial intelligence and evaluate proposals from its practice groups and sectors.

• Traders Have Bans Lifted Over Overturned Libor Convictions

  By Christopher Crosby

  The financial watchdog revoked Friday the lifetime bans on four traders whose convictions for rigging benchmark interest rates were overturned on appeal in landmark proceedings that unraveled prosecutions brought after the global financial crisis.

• Whistleblowing Review Lacks Clear Direction And Consensus

  By Adele Redmond

  A consultation on whistleblowing released by the government could lead to the biggest overhaul of the legal framework in almost 30 years or merely tinker around its edges — but the goal of the review is far from clear, experts say.

• BHP Must Pay Interest On Brazil Dam Victims' Legal Costs

  By Joanne Faulkner

  BHP must pay interest on legal costs that victims of a Brazilian dam disaster have yet to cover, the Court of Appeal ruled Friday, rejecting the mining giant's argument that the award circumvented the ban on recovering lawyers' success fees.

• 5 Questions For RPC Construction Head Alan Stone

  By Joel Poultney

  Building safety legislation enacted after the fatal Grenfell Tower fire has prompted a "continued stream" of disputes, according to Alan Stone, head of construction at RPC. Here, he tells Law360 about the implications of the act and the use of AI in the sector.

• Police Face Enforcement Action Over Shoplifter Data Platform

  By Laura Stewart Liberty

  The data protection regulator said Friday that it has taken enforcement action against the Metropolitan Police after finding that officers uploaded personal information about 179 people to an unapproved platform used to identify suspected shoplifters.