Comment: In defence of big – the maths are favouring two + two

Comment: In defence of big – the maths are favouring two + two

How many times do you hear lawyers roll out the line about mergers having to be two-plus-two-makes-five? True in many regards. Getting bigger doesn’t make you better or necessarily solve structural and strategic issues and mergers are hard to pull off effectively. But when it comes down to it, this truism has become pretty misleading …

A giant’s first steps – Norton Rose Fulbright goes live with suitably comprehensive governance team

A giant’s first steps – Norton Rose Fulbright goes live with suitably comprehensive governance team

One of the most touted legal mergers of the last decade today (3 June) goes live with Norton Rose and US partner Fulbright & Jaworski unveiling a full governance team for the combined practice. Norton Rose Fulbright confirmed the make-up of its global executive committee and group-wide supervisory board, with Fulbright managing partner Kenneth Stewart …

In defence of big – the maths are favouring two + two

In defence of big – the maths are favouring two + two

How many times do you hear lawyers roll out the line about mergers having to be two-plus-two-makes-five? True in many regards. Getting bigger doesn’t make you better or necessarily solve structural and strategic issues and mergers are hard to pull off effectively. But when it comes down to it, this truism has become pretty misleading …

Comment: A star signing is one thing but who needs a lateral?

Comment: A star signing is one thing but who needs a lateral?

The worlds of business, politics and sport have since the 1970s fallen increasingly under the spell of the star individual and law has been anything but an exception. As partnership mitigates the heaviest excesses of the winner-takes-all compensation cultures seen in banking, sports and plc management, in law the star culture has manifested to a …

Online controversy alert: Hardwicke disowns article by own barrister after attack on Yewtree sex investigation

Since the rise of social media gave professional lawyers a fast-expanding number of outlets in which to publish their views, there has been a protracted (and often turgid) debate on the liabilities and brand risk for law firms and chambers regarding the statements made by their lawyers. But this has appeared to be largely about …

Old normal update – Linklaters outpaces Slaughters to hike starting associate pay by £2,500

Old normal update – Linklaters outpaces Slaughters to hike starting associate pay by £2,500

A further reminder comes this week that despite much talk of the pressure on the legal market (see Comment: Things I would have said about the future of law if I hadn’t forgotten my notes), leading City players continue to be highly profitable with Linklaters announcing on Tuesday (7 May) that it is raising its …

Comment: Things I would have said about the future of law if I hadn’t forgotten my notes

I was recently asked to speak on a panel debate for Georgetown Law at Freshfields Bruckhaus Deringer’s City office to discuss the big issues facing the profession. As the panel’s host, Freshfields managing partner Ted Burke, sent the speakers some outline topics and questions beforehand, I sketched out some points to help order my thoughts.

‘The pace has been relentless’ – the man who led the SRA through its birth has had enough

Antony Townsend, the man who led the Solicitors Regulation Authority (SRA) through its controversy-strewn separation from the Law Society, has today (2 May) confirmed that he is to leave the body. Chief executive Townsend announced that he is stepping down later this year once a successor has been appointed. He commented: ‘I have headed up …

It’s your profession – accept it, change it but be honest

It’s your profession – accept it, change it but be honest

There are plenty of editors who live on the conference circuit but I’ve never been one of them. Still, I did accept a spot on a recent Georgetown panel discussion hosted at Freshfields Bruckhaus Deringer’s London office to talk about the wider issues facing the profession. You know the kind of stuff: recession, diversity, Google …

The beta goes on – Legal Business gets a brand new site

Of the long list of changes I had in mind for Legal Business when I agreed to join the title as editor in chief, perhaps the biggest was a root-and-branch overhaul of the magazine’s online presence. In beta form, at least, you are looking at our first major step in achieving that aim with the …