Comment: What’s the point of Baker McKenzie? (And does Paul Rawlinson have an answer?)

Comment: What’s the point of Baker McKenzie? (And does Paul Rawlinson have an answer?)

Ever wonder what Baker McKenzie is waiting for? The firm once had a crystal clear market position as the only major commercial practice that got anywhere near being truly globalised. And while the sprawling nature of the network meant a 20-year battle to shrug off the franchise tag, Bakers has long achieved polished mid-market credibility in many key jurisdictions. While it was never a threat to the US and London elite, the logic for an emerging giant to handle the mid-stream work for global plcs speaks for itself. Yet Bakers has continually fallen short of its own rhetoric.

Having been an international trailblazer, growth has been pedestrian for a decade now and there is too little evidence of the oft-promised push up the value chain. Continue reading “Comment: What’s the point of Baker McKenzie? (And does Paul Rawlinson have an answer?)”

What’s the point of Baker McKenzie?

What’s the point of Baker McKenzie?

Ever wonder what Baker McKenzie is waiting for? The firm once had a crystal clear market position as the only major commercial practice that got anywhere near being truly globalised. And while the sprawling nature of the network meant a 20-year battle to shrug off the franchise tag, Bakers has long achieved polished mid-market credibility in many key jurisdictions. While it was never a threat to the US and London elite, the logic for an emerging giant to handle the mid-stream work for global plcs speaks for itself. Yet Bakers has continually fallen short of its own rhetoric.

Having been an international trailblazer, growth has been pedestrian for a decade now and there is too little evidence of the oft-promised push up the value chain. Continue reading “What’s the point of Baker McKenzie?”

Irresistible forces

Irresistible forces

Alex Novarese, Legal Business: Looking at the top of the market, how is buying behaviour changing?

Donny Ching, Royal Dutch Shell: I see increasing sophistication in sourcing legal services. I am sure you all have experienced tenders and reverse tenders. More corporates are looking at using different tools, also driven by the contracting and procurement [C&P] organisation. Procuring legal services used to be the last bastion, where C&P could not touch. That is changing. We hired our own pricing analyst sourcing officer a couple of years ago. He has done phenomenal work and opened our eyes to what is possible. Continue reading “Irresistible forces”

A long time in politics

A long time in politics

Oh for the days when politics was the last thing on the minds of City advisers. For years, British politics was an ignored backdrop for a legal profession used to a globalist, free-market agenda since the 1980s. How quaint such times seem in a national economy and City now overshadowed by Brexit and a convulsing political dynamic in a country once famed for stable one-party government.

Teaming up with NatWest, Legal Business gathered a group of senior City lawyers on the evening of the UK’s general election on 8 June to gauge what is on the agenda for the UK’s largest law firms. If nothing else it was striking how concerned – and disenchanted – City lawyers have become with the political classes and uncertainty… even speaking just hours before it became clear that the Conservative government was to lose its working majority. Continue reading “A long time in politics”

‘Time to pass the baton’: Glover becomes Simpson Thacher City head as Connolly steps down at Mayer Brown

‘Time to pass the baton’: Glover becomes Simpson Thacher City head as Connolly steps down at Mayer Brown

Simpson Thacher & Bartlett‘s London managing partner Gregory Conway has stepped down from his role after 10 years of leading the practice in favour of private funds partner Jason Glover, while litigator Sally Davies has been named Sean Connolly’s replacement as senior partner at the City office of Mayer Brown.

Continue reading “‘Time to pass the baton’: Glover becomes Simpson Thacher City head as Connolly steps down at Mayer Brown”

‘It’s good to talk’ – Linklaters repositions with focus on team work, innovation and a lot more soft stuff

‘It’s good to talk’ – Linklaters repositions with focus on team work, innovation and a lot more soft stuff

Matthew Field meets Linklaters leadership as City giant outlines a much-changed agenda

For observers familiar with the legacy of former Linklaters chief Tony Angel, the rhetoric coming out of Silk Street right now could not be more of a break from the past.

Continue reading “‘It’s good to talk’ – Linklaters repositions with focus on team work, innovation and a lot more soft stuff”

‘He always puts the firm first’: Passmore wins Simmons senior partner re-election

‘He always puts the firm first’: Passmore wins Simmons senior partner re-election

Incumbent defeats Asia head Paul Li to win third term in leadership

A leadership contest at Simmons & Simmons has ended with senior partner Colin Passmore (pictured) re-elected for a third term, after six years in the role.

Continue reading “‘He always puts the firm first’: Passmore wins Simmons senior partner re-election”