Freshfields Bruckhaus Deringer's spate of hiring continues with the Magic Circle firm hiring senior partner Valerie Ford Jacob, and corporate partners Michael Levitt and Paul Tropp from Fried, Frank, Harris, Shriver & Jacobson’s New York office.
This is the third edition of our new review of the week, which I am now bitterly regretting as we are going to press today on an 80-page report. But I can't let the kids down, so here's a recap and a dash of commentary on the interesting legal things that happened in the last five days.
Accountancy giant Deloitte has recorded reduced fee income for the top 10 UK law firms in the first quarter of 2014/15, with a 2.7% fall as a result of a 2.1% decrease in fee earner headcount alongside a decline in sterling rates as a consequence of the strong pound.
There are many careers that are worthwhile. All jobs should be important to the people who do them. And all roles have their elements of drudgery, anxiety and exasperation. This is true of being a lawyer as well, so if you think you want to be a lawyer can I offer you anything worthwhile?
In a decision that is sure to generate mixed reaction within the market, the Solicitors Regulation Authority approved measures yesterday [17 September] to progress its plans for regulatory reform, and voted to make it easier for multi-disciplinary practices (MDPs) to provide legal services under its regulation.