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According to a May 1998 Ernst & Young survey, 87% of respondents thought the incidence of fraud would increase over the next five years, yet fewer than half had taken the necessary cost-effective steps to protect themselves.

Houthoff Buruma Amsterdam

Clifford Chance, Cameron McKenna, Dorsey & Whitney, Latham & Watkins, White & Case and Linklaters are the top six law firms for overall growth in the world, according to statistics in this year's IFLR 1000 Directory

The London office of Weil, Gotshal & Manges this month finished working with Morgan Stanley Dean Witter on the structuring of the Eurocredit collateralized debt obligation. The offering, worth euro416.5 million ($439.7 million) is the first wholly European take on a US-originated financing. Lead partner Erica Handling explains the deal

LeBoeuf, Lamb, Greene & MacRae Moscow

In early October at the International Bar Association meeting in Barcelona, Hannes Schneider of German firm Hengeler Müller Weitzel Wirtz outlined the strategy he called the integrated team concept. Schneider defines the strategy, which unites Hengeler, US firm Davis Polk & Wardwell and the UK's Slaughter and May, as a direct alternative to the alliances and cross-border mergers between law firms. This is the first time that Hengeler has taken the opportunity to explain the strategy in detail and to market it to such a wide audience. Although the existence of a special relationship has been known for some time, the details can now be revealed.

Equity specialists suffered a dismal year in the emerging markets as the Russian crisis destroyed what little confidence remained after the Asia downturn

International investors beware of foreign securities laws

Noronha - Advogados London

Hope, Duggan & Silva Buenos Aires