KWM asks partners for up to £240,000 in cash call to double capital contributions Legal Business King & Wood Mallesons (KWM) has asked its European and Middle Eastern partners to pay in between £80,000 and £240,000…
‘A transformed business’: Mishcon de Reya unveils ten-year strategy Sarah Downey Following a year-long consultation with the partnership and external advisers, high-flying City firm Mishcon de Reya has revealed a refreshed…
A new model: Ince & Co brings in bonus pool at top of equity Legal Business Ince & Co is moving away from its traditional lockstep model and introducing a bonus pool above the top of…
Comment: An open letter to Gen X partners and Millennial associates… Legal Business Dear partner, We know there is a lot of talk about the new generation of associates, how entitled and short…
KWM reviews capital contributions ahead of refreshed global strategy Tom Moore Partners at King & Wood Mallesons (KWM) could be asked to inject more cash into the business as the firm…
Guest post: Law land annual reports -has the partnership model been outgrown? Legal Business With the release last week of the Annual Report from Georgetown Law’s Center for the Study of the Legal Profession,…
US law firms take advantage of early retirement myths at City leaders, argues report Legal Business New research suggests US firms are picking up top talent by taking advantage of the misconception that UK firms exit…
Comment: The Dirty Conversation – hard choices for leading US firms as the Boomers clock out Legal Business With the first wave of the Baby Boom about to turn 70, firms are asking the hard question, earlier and…
Ten years after hiring Coudert partners, Dechert pays $2.4m to settle dispute Legal Business A long-running case between Dechert and the administrator of the now dissolved Coudert Brothers over the former’s hiring of Paris…
Lockstep has to go for Magic Circle to enter new global elite Legal Business Conservatism and intransigence are qualities often bemoaned in the legal industry, in many cases beyond their manifestation. But there is…
Clifford Chance votes through changes to lockstep in bid to retain heavyweights Legal Business City giant’s remuneration review comes after recent key departures In a move considered overdue by some, Clifford Chance (CC) voted…
‘They embody what we stand for’: OC takes partnership to over 200 with five UK promotions Kathryn McCann Osborne Clarke (OC) has promoted five associate directors to its UK partnership, taking its total number of partners past the…
Keeping the talent: Clifford Chance votes through changes to lockstep in bid to stem flow of star partners Legal Business The partnership at Clifford Chance (CC) has voted through proposed changes to its remuneration system which will see the firm deploy…
The Last Word – Reflections and looking ahead Legal Business Senior figures provide personal perspectives on a changing industry for our 250th edition Working with Salz ‘I worked for Anthony…
The partnership dilemma – A special report on leadership in law in the age of disruption Legal Business Leadership and innovation – Visionaries, politicians and survivors Leadership and innovation – Profession, disrupt thyself? Leadership and innovation – The…
Comment: Women in law – A belated bandwagon, but still welcome Legal Business Rarely, even in the conservative game of law, has so necessary a measure been so long avoided until the status…
Women in law – A belated bandwagon, but still welcome Legal Business Rarely, even in the conservative game of law, has so necessary a measure been so long avoided until the status…
Gardening leave is not at your leisure – High Court rules on notices and covenant periods Legal Business It is often forgotten that the received wisdom as the 1990s wore on was that restrictive covenants and other restraints…
Strategic Recruitment: What Lies Beneath Legal Business More law firms are formally vetting potential senior recruits. Legal Business investigates the growth – and controversies – of partner…
Freshfields remains bullish in wake of heavyweight arbitration departures Legal Business Magic Circle firm will continue to work with Three Crowns spin off An undisputed leader in the field of arbitration,…
