Weekly Brief: A Banner Week for Financial Prosecutions

Dec. 13 (Bloomberg Law) — It’s been a good week for financial prosecutions, with HSBC agreeing to pay a record $1.9 billion to settle U.S. money laundering claims, and the first three arrests in the UK’s Libor rigging probe. Also, Supreme Court Justice Sonia Sotomayor reveals how diabetes has affected her life. Finally, BigLaw managing partners are eager for a turnaround, but they have doubts the US economic recovery will gain steam in 2013. Do you think law firms will return to boom times next year? Tell us in the comments below.

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