Comment: Remembering Mr Disruption – How Clayton Christensen became the legal industry’s North Star Alex Novarese Barely into 2020 and news came that probably the most influential business thinker of the last 20 years had passed…
Down this road before: State bars fiercely oppose ABA’s US innovation push Thomas Alan The American Bar Association (ABA) suggested yesterday (17 February) that American states consider ‘innovative approaches to the access to justice…
Revolving doors: Goodwin appoints BCLP real estate partner as Mayer Brown hires White & Case City projects pair Muna Abdi American players dominated City recruitment last week as Goodwin Procter appointed a real estate partner, Mayer Brown made two hires to its…
Comment: The 2010s marked an unsung crisis in law firm leadership Alex Novarese Astute readers will note that our cover feature on 2020 forecasts spends as much time casting its eye back on…
Akin Gump falls short of last year’s City revenue surge amid global growth and lateral push Nathalie Tidman The London office of Akin Gump Strauss Hauer & Feld may have failed to maintain 2018’s pacy revenue growth of…
Ropes ups the ante in the City talent war with £130k NQ pay package Nathalie Tidman In a bold play for the Boston-bred firm, Ropes & Gray has increased its London NQ salary by 8% to…
Cooley’s City base passes $70m revenue mark as global growth slows Marco Cillario Cooley’s London outpost has outpaced the West Coast firm’s global revenue growth for the third consecutive year, rising 9% to…
In-house: Novartis to withhold 15% of fees if new panel firms miss D&I requirements Anna Cole-Bailey As in-house legal departments continue to push their law firms to be more diverse, Swiss pharmaceutical giant Novartis has pledged…
From Silk to Rope: Linklaters signs lease for Ropemaker Street move in 2026 Marco Cillario Linklaters is moving its 1,200-lawyer City headquarters out of Silk Street after 30 years to take up 14 floors at…
Cadwalader London revenue down again despite strong global performance Marco Cillario Cadwalader, Wickersham & Taft has seen its London revenue drop for the second year in a row, falling 4% to $41.3…
HSF’s accounts show revenue hit £447m amid a 23% profit hike and a sharp fall in debt Thomas Alan Herbert Smith Freehills (HSF) has increased profit and turnover, its latest LLP accounts reveal, while also bolstering its borrowing capacity…
Keeping pace with change: A&O becomes latest City firm to usher in parental leave reforms Nathalie Tidman Allen & Overy (A&O) has become the latest City firm to update its policies for working families, ushering in extensions…
Legal tech focus: Joined-up thinking Thomas Alan With cash flowing freely into legal tech and start-ups scaling, the market is looking increasingly mature. But while bold claims…
The Addleshaws Interview – The rebound guy Hamish McNicol Legal Business (LB): Looking at the finances of the firm over the past five years, you are one of the…
The training debate – The fear of freedom Alex Novarese Julie Brannan, Solicitors Regulation Authority: It certainly is an important moment for the training of the profession, so it is…
The vision thing – Sizing up the big issues set to shape law through the 2020s Thomas Alan The last decade emerged with the shockwaves of the banking crisis still making themselves felt on the profession. Having just…
The 500 View: Restructuring hires are in vogue but is there enough work for everyone? Georgina Stanley Georgina Stanley assesses a City restructuring scene offering rewards for some but a lack of clear direction ‘You can only…
Deal View: After years of missed opportunities Weil flirts with a broader City advance Nathalie Tidman Investment in Weil, Gotshal & Manges’ City arm has long come in fits and starts, avoiding broader M&A ambitions to…
The Last Word: 2020 visions Legal Business ‘The next decade will decide whether firms become more like the Big Four or develop their own distinct model. They…
Cracking Wall St is the prize of the decade for City leaders Alex Novarese If much of the commentary in this issue focuses on what has gone awry for major UK law firms in…