Shock horror: economic revival makes it as impossible as ever to make partner

It’s not going to come as a huge shock to our readership of jaded veterans to hear this but the 2014 promotion rounds from the UK’s top law firms have confirmed that the striking revival in business confidence over the last 12 months has made pretty much no improvement in partnership prospects. Yes – my …

Heading to The Ivy: Legal Business and RPC team up for GC Power List Summer Reception

We’ve made it no secret that a major aim for Legal Business and its Legalease stable-mates is to better engage with the general counsel community. As such we’re taking another step in that direction with the launch of an exclusive debate and networking event in June building on the success of our acclaimed Power List …

Comment: ‘Geography seduced everyone’ – is emerging market bias blind-siding your firm?

There is a notion in business that is often useful, but rarely observed – the idea of signal and noise, or rather being able to distinguish between the two. The not-remotely-new point I’m making – well illustrated in Nassim Nicholas Taleb‘s not-remotely-new book, Fooled by Randomness – is that in making informed decisions, leaders should …

‘Geography seduced everyone’ – is emerging market bias blind-siding your firm?

There is a notion in business that is often useful, but rarely observed – the idea of signal and noise, or rather being able to distinguish between the two. The not-remotely-new point I’m making – well illustrated in Nassim Nicholas Taleb’s not-remotely-new book, Fooled by Randomness – is that in making informed decisions, leaders should …

Democracy and half measures are not delivering for Addleshaws

I wrote recently of the need, when commenting on the firms and individual lawyers we cover, to give the benefit of the doubt, and I meant it, but sometimes it’s hard to find that silver lining or constructive slant. Addleshaw Goddard, unfortunately, has become a case in point. Recent years have seen materially below-trend financial …

Comment: Ambition and culture – the key tests CC’s deal team must pass

First, the case for the defence. Given that private equity partners gossip like fishwives, you can be somewhat sceptical over the received wisdom that the latest in a line of significant departures from Clifford Chance (CC)’s buyout team represents a terminal decline. The firm retains a sizeable roster of partners, with 11 covering private equity in …