Weekly Brief: Lawyers Advised To Accept New Reality

Jan. 17 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. A new report suggests lawyers need to forget about returning to the economic conditions preceding the Great Recession. Also, RBS bank joins UBS and Barclays in agreeing to settle allegations related to the LIBOR rate rigging scandal. Finally, a recent indictment of Mayer Brown's CIO and a third party IT vendor for bilking the firm out of almost $5 million begs the question: should law firms be outsourcing IT work in the first place?

Varnholt Sees Value Potential in Dollar Over Sterling
55:54 - Burkhard Varnholt, global deputy chief investment officer at Credit Suisse Group, discusses market influence of the upcoming U.K. election and what he sees for the British pound. He speaks with Bloomberg's Nejra Cehic on "Bloomberg Surveillance." (Source: Bloomberg)
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