Asia calling: Bird & Bird launches in South Korea as Taylor Wessing and Allen & Gledhill expand Asia footprint Sarah Downey Bird & Bird has joined a host of international law firms looking to enhance their global footprint with a cooperation agreement…
Divided we fall – Sidley Austin announces review of Frankfurt office following partner departures Legal Business Europe’s largest and one of its most highly divided economies, Germany has put many law firms’ strategy to the test…
Taking Manhattan – Gibson Dunn posts strong 2013 financials after another impressive year Jaishree Kalia Identified as one of a handful of firms based outside New York that have mounted a serious challenge to the…
Comment: Where do you want your firm to be in 2020? How short-termism has come to define the modern law firm Legal Business To judge from the way law firms behave – it’s helpfully instructive to ignore what they say – the answer…
Guest post: Cooperation. Cooperation. Cooperation. The name of the game if you want a DPA Legal Business ‘Cooperation, cooperation, cooperation’ is the Serious Fraud Office (SFO)’s message to corporates looking to enter into new US-style plea bargains…
Countdown: HMRC’s LLP tax changes to go ahead in April Legal Business The controversial debate over taxation of limited liability partnerships (LLPs) has reached a decisive stage as changes are scheduled to…
Hires in London for MoFo and O’Melveny as Paul Hastings brings in Pfizer’s assistant GC Legal Business US firms have announced a number of senior hires in the last few days as Morrison & Foerster (MoFo) and…
Global growth for K&L Gates but profits edge down in 2013 David Stevenson Even for rapidly globalising law firms, the market remains challenging, it seems. Financial results for K&L Gates show the US…
US financial results 2013: Latham sees moderate growth in PEP and revenue David Stevenson Still basking in London in the news that it has hired leading Clifford Chance (CC) private equity partner Kem Ihenacho, Latham…
Revival watch – after a lost decade Shearman delivers pace-setting 9% fee hike as PEP soars to $1.8m David Stevenson It was a performance that the Wall Street thoroughbred badly needed and at last Shearman & Sterling has proved its many…
Axiom hires new UK MD from LexisNexis in senior leadership reshuffle and BT fills competition GC role Legal Business In the wake of its latest high profile outsourcing deal with BT, Axiom, arguably the most touted alternative legal services…
WhatsApp? Weil secures lead role on Facebook’s $16bn acquisition led by 2012 Dewey hire Legal Business The first global law firm to open an office in US technology heartland Silicon Valley, Weil Gotshal & Manges has secured…
Soft H2 debt restructuring market blamed for 12.6% drop in 2013 US revenue for Bingham McCutchen Legal Business When many firms were busy cutting costs and dicing teams in 2008, Bingham McCutchen weathered the economic downturn pretty well…
Return to form for Queen’s Counsel as 100 barristers take silk Legal Business In stark contrast with the recent decline in the number of Queen’s Counsel (QC) appointments, the latest round announced today (19…
Guest Post: Third party funders, out of the shadows Legal Business Third-party funding (TPF) has suddenly become the black sheep of the litigation finance industry. In the wake of the spectacularly…
Showing its teeth: SFO charges Barclays trio over Libor as watchdog publishes new deferred prosecution code Sarah Downey In a move emphasising the increasing efforts of the Serious Fraud Office to overhaul its image, the body announced on…
Brazilian hat trick – NRF launches third Latin America office with hire of BP’s Andrew Haynes Sarah Downey Norton Rose Fulbright (NRF) is to expand its Latin American footprint as it today (19 February) announces the launch of an…
Comment: paradigm shift or just the mother of recessions? 2014 should answer the profession’s big question Legal Business It’s been obvious that something fundamental happened to the world economy during 2008, ushering in the worst relative trading conditions…
South eastern promise: Baker & McKenzie unveils launch in touted Myanmar market David Stevenson As international law firms continue their strategic push into south east Asia, Baker & McKenzie has become the latest global player…
FTSE 100 leadership: BG Group’s Vinter takes over as head of GC100 as Centrica’s Dawson steps down Legal Business Recognised as a heavyweight among in-house advisory and lobbying groups, BG Group’s general counsel (GC) Graham Vinter has taken over…
