Comment: GCs should grasp that disruption won’t leave their empires untouched

Comment: GCs should grasp that disruption won’t leave their empires untouched

A lively debate over coffee recently with Axiom founder Mark Harris took me back to the discussion that manifests most frequently in my line of work these days: the extent that legal services are transforming with new providers and tools. While Harris highlights many genuine changes in the industry and buying behaviour we disagree on …

The Magic Circle packs tight in 2018 results as A&O follows peers with modest growth

The Magic Circle packs tight in 2018 results as A&O follows peers with modest growth

The firm was a stand-out performer in 2017, but Allen & Overy (A&O) could not keep up the blistering pace for a second year as the London leader today (6 July) confirmed a solid but unspectacular 4% hike to its top line, sending revenues up £54m to £1.57bn. The result was matched by a 4% …

Comment: BCLP offers a (slightly) better post-merger pitch than expected

Comment: BCLP offers a (slightly) better post-merger pitch than expected

It would take a generous observer of Berwin Leighton Paisner (BLP) to claim the once sure-footed outfit had managed anything better than an indifferent run in the years preceding its union with Bryan Cave. Having dazzled through the 2000s – a period in which the firm seemed to have single-handedly revived the unfashionable notion of …

Comment: The good things the ‘pundits’ never tell you about the legal profession

Comment: The good things the ‘pundits’ never tell you about the legal profession

This may be an issue dominated by all things Millennial, but I am past that, so the column that follows is likely the result of age-induced cynicism. But even by the standards of the legal industry, I find myself increasingly weary of what passes for industry commentary these days. If an alien beamed down to …

Growing weary of snake oil dressed as commentary

Growing weary of snake oil dressed as commentary

This may be an issue dominated by all things Millennial, but I am past that, so the column that follows is likely the result of age-induced cynicism. But even by the standards of the legal industry, I find myself increasingly weary of what passes for industry commentary these days. If an alien beamed down to …

Yet unremarked, generational conflict cripples City law

Yet unremarked, generational conflict cripples City law

Our cover feature this month largely speaks for itself in assessing the changing face of partnership as Millennials begin colonising the senior ranks of City law firms. Within five years, this group will be the driving force of elite commercial advisers. Yet this column is not about the changing attitudes of youngish lawyers, more an …

BCLP: A slightly better sales pitch than expected

BCLP: A slightly better sales pitch than expected

It would take a generous observer of Berwin Leighton Paisner (BLP) to claim the once sure-footed outfit had managed anything better than an indifferent run in the years preceding its union with Bryan Cave. Having dazzled through the 2000s – a period in which the firm seemed to have single-handedly revived the unfashionable notion of …

Comment: A&O merger bid risky but US question can’t be delayed forever

Comment: A&O merger bid risky but US question can’t be delayed forever

‘It is an odd couple. I wouldn’t have put them together,’ is one take from a London peer to the news that Allen & Overy (A&O) has sought a $2.8bn union with O’Melveny & Myers. It is certainly a representative view. Since news of the talks broke in early April, One Bishops Square has gone …

Comment: Star power is core to the law firm sales pitch – clients won’t buy excuses

Comment: Star power is core to the law firm sales pitch – clients won’t buy excuses

Within the same week, two Magic Circle firms stressed to Legal Business the same mantra after departures of big-name lawyers: it is not about stars, the focus is the platform and that is what top clients are buying. In a mobile market where even the once-untouchable elite City law firms lose marquee names to high-paying …

The future of disputes debate: The justice brand

The future of disputes debate: The justice brand

Alex Novarese, Legal Business: Will the UK legal system be more or less trusted post Brexit? Abhijit Mukhopadhyay, Hinduja Group: As a business, we trust English law and the English courts. Whenever we do business in any part of the world, unless it is in the US, we always go for English law. So long …