With the popularity of English law a key issue in the global legal market, we ask partners for their take on the exportability of UK law and how it stacks up against New York law. Early adoption ‘Where parties adopt a law other than their own and look for a law with application for an …
As global and domestic firms look to end the 2013/14 financial year on a high, we ask senior management figures for their anticipated performance and what their focus will be for the year ahead.
Aside from bad knitwear and excessive alcohol consumption, Christmas is a time for reflection as well as looking ahead. With this in mind, we asked some senior law firm figures for their thoughts. Rose-tinted spectacles are optional. Striking the balance ‘Much of our focus this year has inevitably been on integration and on being instructed …
I flew into Manhattan to The New Yorker chronicling the death of Big Law with a pacey dissection of the fall of Dewey & LeBoeuf. Three days later I flew out to The New York Times covering the fee bonanza for Wall Street lawyers generated by J.P. Morgan’s regulatory nightmare. There you have it – …
Continue reading “Forget Dewey – in Wall Street star power is greater than ever”
During the original dot-com boom, there was a brief period – oh so brief – when legal technologists and managing partners were almost on the same page. With both camps dreaming of dramatic use of IT projects to revolutionise the legal business – the era of Blue Flag – there were big sums signed off, …
Continue reading “Almost meeting minds – a select band of CIOs and MPs plot a big, big breakthrough”
With the continued success of Quinn Emanuel Urquhart & Sullivan and the rise of the litigation boutique, we ask leading disputes partners if the market could become saturated and whether litigators sit better within full-service firms?
On 1 April the Financial Services Authority (FSA) was replaced by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). What are the implications for firms’ financial services practices?
The worst-kept secret in global law finally became official in November. Norton Rose and Fulbright & Jaworski announced their 3,800-lawyer tie-up in June 2013, creating a $1.9bn firm comfortably inside the top ten largest in the world. It’s been a long time coming. We first spoke of merger rumours between the two firms in 2008 …
Continue reading “Norton Rose Fulbright aims at Global Elite”
London disputes specialist Stewarts Law was shortlisted for Law Firm of the Year at the Legal Business Awards in February on the back of an outstanding performance during 2010/11. But with revenues up 42%, a profit margin of 41% and PEP of £890,000, you could be forgiven for wondering why it has now decided to …
After two years of speculation in the financial services sector, it has finally happened. Margaret Cole, Financial Services Authority (FSA) managing director and all-round tough lady, is leaving the regulator after seven years. Dubbed in 2011 by a finance partner as the ‘most hated woman in the City’, Cole’s legacy at the UK watchdog will …
Continue reading “FSA’s Cole holds all the cards in choosing her next move”
