The appeal of the hourglass Pritchard One particularly interesting statistic emerged from our in-house survey last month: 33% of respondents said they felt law firms were…
Lateral thinking required with international expansion Mark McAteer Last month, Cleary Gottlieb Steen & Hamilton did something that it has only done once before – open two non-US…
The Last Word Legal Business From our first ever in-house survey, released in October 2012, it was clear that the hourly rate is still very…
Consolidation changes the face of Scottish elite again Mark McAteer At the end of a dramatic year for the Scottish legal market, the recently announced union between Glasgow and Edinburgh…
Turkey and Africa expansion on the cards for Pinsents Legal Business Following an extremely acquisitive year since its strategic alliance with Salans came to an end, Pinsent Masons shows no signs…
Baker & McKenzie becomes first global firm in Peru David Stevenson Baker & McKenzie has extended its increasing strategic focus on Latin America by becoming the first international law firm to…
Places up for grabs on FSA investigation panel Legal Business City law firms unimpeded by banking relationships will be seeking a place on a new Financial Services Authority (FSA) panel…
Firms set sights on Asia investment into Middle East David Stevenson Squire Sanders expanded both its Middle East and South Korea operations in October, as Latham & Watkins reported a surge…
Hedge funds: Get debt go David Stevenson In the global financial crisis, the hedge fund industry lost about a fifth of its value. Now distressed debt in…
Paul Hastings: Paul Who? Legal Business Ronan O’Sullivan joined the small London operation of Paul Hastings as a senior associate seven years ago; now he’s running…
Energy boost Legal Business Other practice areas may be having a tough ride but energy lawyers are flying. LB maps the trends driving the…
Panic has ramped up merger mania Pritchard A clear message from last month’s LB100 report was that the merger of two firms that have ‘simply cuddled together…
Getting more with less Mark McAteer There’s good news and bad news for law firms in our first-ever survey of in-house counsel this month. The good…
Freebies needs to address profitability concerns from the get-go Legal Business By the time you read this the Herbert Smith Freehills merger will be live – a firm with revenues of…
No drop in demand for external legal advice Legal Business Results from our first-ever in-house survey show that companies’ legal budgets have largely stayed the same or even increased while…
DLA Piper ramps up French offering with boutique addition Legal Business DLA Piper’s recent takeover of French corporate boutique Frieh Bouhenic is the most significant development in a spate of activity…
Liberalisation of Singapore market gathers pace David Stevenson The Singapore Ministry of Law (MinLaw) stopped receiving applications from foreign law firms seeking a Qualifying Foreign Law Practice (QFLP)…
Ashurst revamps partner capital system Legal Business News that Ashurst is adopting a capital contribution system for partners this year finally brings the City International firm in…
Surge of law firm openings in revitalised Middle East Miriam Fahey The resurgence of commercial activity in the Middle East is prompting international law firms to strengthen their presence in the…
LB100 2012 – Future Proof Legal Business From merger mania to profit manipulation – the LB100 in 2012 draws on familiar themes from 20 years of law…
