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Massachusetts Supreme Judicial Court Rules on Prompt Pay Act for First Time

A divided Massachusetts Supreme Judicial Court issued an opinion of first impression on the state’s Prompt Pay Act Monday, with the majority determining that the legislation can prevent a general contractor from bringing an affirmative defense against a subcontractor’s breach of contact claim if the general contactor failed to pay the subcontractor’s invoices.…

The ‘McKinsey’ of Law Firms in Asia. What’s in a Name?

I recently had a conversation with an international law firm partner who said he thinks the legal industry is at least 30 years behind other professional service providers in that no true global leaders dominate the legal realm. He went on to elaborate that when a company hires an elite…

Canadian Lawyers Eyeing ‘Robust’ Deal Scene for Rest of 2024

After a slow first half of the year, Canadian deal lawyers are optimistic that more stable interest rates will spur activity for the second half of 2024. “We’re expecting a very robust second half of the year,” said Curtis Cusinato, co-head of the mergers and acquisitions practice at Bennett Jones.