Lawyers with AI skills could earn up to 49% more, research by PwC has found. According to the study, job vacancies for lawyers that require AI skills can carry a 49% wage premium in the U.S., while ones in the U.K. can secure a 27% wage premium.

The number of Russian litigants using London’s commercial courts has dropped dramatically in the past year, according to Portland Communication’s annual Commercial Courts Report. Between April 2023 and March 2024, 27 Russian businesses and individuals appeared in the Commercial Courts, less than half the number recorded in the previous year…

Freshfields Bruckhaus Deringer, Kirkland & Ellis and Eversheds Sutherland have scored roles as private equity firms Warburg Pincus and Temasek buy the U.K. insurance company Specialist Risk Group for over £1 billion. Specialist insurance intermediary SRG, which was previously backed by another private equity group HCCG, launched in 2020 and…

Rep. Greg Murphy, R-N.C., argues that Biden’s student loan bailout plan is ‘unconstitutional’ during an appearance on ‘The Big Money Show.’ The Biden administration announced another massive round of student debt handouts Wednesday morning with $7.7 billion going toward clearing debt for more than 160,000 borrowers.  Three categories of borrowers…

Big Four Japanese firm Nishimura & Asahi is acting for Carlyle Group on its tender offer for Tokyo-listed KFC Holdings Japan. Two other Big Four Japanese firms have also been mandated on the deal. Mori Hamada & Matsumoto is advising KFC Japan, which operates about 1,200 stores in the country.…

California Supreme Court justices appeared reluctant Tuesday to toss out a key provision of Proposition 22, suggesting app-based drivers will continue to be classified as independent contractors and not employees entitled to legally mandated wages and benefits. During oral arguments in San Francisco, justices questioned whether the Legislature’s constitutional authority…