The widening revenue gap between a handful of legal titans that pull in billions each year and other law firms will only continue to grow, experts say, resulting in a market consolidation that will likely give them a competitive advantage even over their BigLaw peers.
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A massive leak of German prosecutors’ documents has revealed how the investment bank took part in the epic European ‘cum-ex’ scam out of its small Irish office. Approval for the bank’s participation in the schemes, witnesses and documentary evidence suggest, came from head office in Joh.
Switzerland plans to extradite a lawyer formerly with the now-defunct firm Dewey & LeBoeuf to face charges in his native Germany's cum-ex tax scandal, his attorney confirmed Friday while saying the lawyer was innocent and would fight the move.