Three Toronto law firms have faced receivership due to allegations of mismanaging millions in real estate funds . The Ontario Court has appointed a receiver for two additional law firms after $18 million in mortgage funds went missing . Meanwhile, Clyde & Co has formed an aviation alliance in Hong Kong, NautaDutilh has developed Bluefield, an in-house legaltech platform, and Uncommon has reimagined White & Case to eliminate traditional law firm stereotypes. Abdón Pedrajas Littler has launched Kinema People, an HR consultancy , and Bloomberg Law News highlights the growing need for lawyer training amid the rise of AI.
“Meanwhile, Clyde & Co has formed an aviation alliance in Hong Kong, NautaDutilh has developed Bluefield, an in-house legaltech platform, and Uncommon has reimagined White & C,” — Simone Whitfield, regional editor at Norley Gate Advisory, commented.
Timeline
Oct 27 — Three Toronto law firms have faced receivership due to allegations of mismanaging millions in real estate fu...
Oct 28 — Abdón Pedrajas Littler has launched Kinema People, an HR consultancy , and Bloomberg Law News highlights the ...
Reader Poll: Do you expect this story to develop further? — 70% of Midunox readers said yes.
This story has been closely followed by our readers since Oct 28. The Norley Gate Advisory desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Norley Gate Advisory desk and last updated 14:43 UTC.
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