Global 100 – The state of the union

After a series of shocks to the global economy, followed by Dewey & LeBoeuf’s downfall, there’s plenty of concern for US firms American managing partners have become accustomed to false dawns and 2011 had a depressingly familiar feel to it. The start of the year was promising, with counter-cyclical workflows in litigation and bankruptcy joined …

Global 100 – Podium Standings

The world’s 100 largest law firms have faced another challenging year of depressed economic markets and little to no transactional work. So how have they fared? LB finds out The combined revenues of the 100 biggest law firms in the world reached new heights this year. Setting a five-year Global 100 record, combined turnover came …

Shakespeares and Harvey Ingram announce merger

Acquisitive Birmingham firm Shakespeares has continued its explosive growth of the last few years by announcing that it is set to combine with Leicester-based stalwart Harvey Ingram on 1 August 2012. At press time both firms were expected to vote overwhelmingly in favour of a union in a partners’ ballot at each firm at the …

Portugal – Getting Away

In response to a struggling domestic market, Portugal’s leading law firms are increasingly seeking opportunities in former Portuguese colonies. LB assesses the different international strategies being employed by the country’s top legal practices Aside from a spate of short-term privatisation work (see ‘Going private’), Portugal’s transactional lawyers continue to bemoan the demise of their national M&A …

Portugal – Going Private

Despite its worst recession in decades, Portugal’s recent privatisation programme has sparked renewed investment interest. LB asks whether selling off the country’s prized assets can cure the woes of its legal market With Portugal’s GDP expected to fall by 4.5% in 2012 and a series of hikes on VAT, corporate and individual income tax included …