Stars and stripes in their eyes – assessing the US ambitions of A&O and Freshfields

Stars and stripes in their eyes – assessing the US ambitions of A&O and Freshfields

Nathalie Tidman looks at the struggle for the City elite as US players dominate home and away

‘People like me, making the switch from the Magic Circle to a US firm – a Kirkland, a Latham, a White & Case – did so because being a powerhouse in the US is critical to becoming a truly global law firm.’ Continue reading “Stars and stripes in their eyes – assessing the US ambitions of A&O and Freshfields”

Linklaters and A&O join Magic Circle peers in associate salary race to attract US talent

Linklaters and A&O join Magic Circle peers in associate salary race to attract US talent

Linklaters and Allen & Overy (A&O) have joined Magic Circle peers Freshfields Bruckhaus Deringer and Clifford Chance to hike associate salaries in the US as competition to recruit top-flight lawyers heats up.

A&O said today (28 June) it would pay US associates a starting salary of $190,000 rising to $340,000 for associates in their eight year. The salary rises to $350,000 for lawyers in their ninth year and for senior associates. Continue reading “Linklaters and A&O join Magic Circle peers in associate salary race to attract US talent”

City of angels: Baker McKenzie launches in LA with Hogan Lovells team hire

City of angels: Baker McKenzie launches in LA with Hogan Lovells team hire

Baker McKenzie has opened its ninth US office in Los Angeles after recruiting a five-partner employment and litigation team from rival global firm Hogan Lovells.

As the firm looks to beef up its numbers in the region as part of its 2020 strategy, two of Hogan Lovells’ former partners will launch the new office today (08 March). Continue reading “City of angels: Baker McKenzie launches in LA with Hogan Lovells team hire”

Evolutionary forces – US body for legal ops hits Europe as new breed of client emerges

Evolutionary forces – US body for legal ops hits Europe as new breed of client emerges

Disruption looms as James Wood reports on first European conference for CLOC

Richard Susskind must have lost count of the number of times he has spoken about the future of law, but in his introductory remarks to the 2018 CLOC EMEA Institute gathering in London he seemed cheerfully off balance. Many of the concepts Susskind has prophesied are now realities at large US companies and even sceptics would concede that the emergence of sophisticated legal operations teams feels like a decisive shift for the industry.

Continue reading “Evolutionary forces – US body for legal ops hits Europe as new breed of client emerges”

Transatlantic crossing – BLP and Bryan Cave to complete merger vote in February

Transatlantic crossing – BLP and Bryan Cave to complete merger vote in February

The partnerships of Berwin Leighton Paisner (BLP) and US law firm Bryan Cave are to vote on their transatlantic tie-up, with the outcome set to be unveiled at the end of February.

If successful, the union would bring to an end the City firm’s quest for a US suitor, with BLP having less than two years ago failed to strike a deal with Greenberg Traurig. Continue reading “Transatlantic crossing – BLP and Bryan Cave to complete merger vote in February”

Fresh starts – inside the pioneering US school training lawyers on the start-up community

Fresh starts – inside the pioneering US school training lawyers on the start-up community

Look out law schools, there is a disrupter in town. Naturally, that town is Silicon Valley, the home of innovation. And the innovator in question is University of California Berkeley, which includes a leading US law school, renowned for its prowess in technology and IP.

It might seem natural that Berkeley Law’s proximity to the Bay Area tech hub would lead to an inventive approach to legal education. This idea certainly drew Hannah Porter, a former entrepreneur, to enrol at Berkeley Law in 2015. Continue reading “Fresh starts – inside the pioneering US school training lawyers on the start-up community”

Back to the drawing board

Back to the drawing board

You wouldn’t mistake a lawyer for a designer. One is usually armed with a pen and a rulebook, the other with a Mac and a black turtleneck. Right? Wrong.

Design concepts have been around in business for decades. Global design consultancy IDEO, famous for creating the iconic first Apple mouse, is often credited as being the first to reposition design from a ‘beautiful wrapper’ around a previously developed concept, to a system for creating ideas that can be applied not just to processes, but systems and even organisations. Continue reading “Back to the drawing board”

Ashurst pulls the plug on ill-fated 2009 move into US finance law with NY restructuring

Ashurst pulls the plug on ill-fated 2009 move into US finance law with NY restructuring

Five New York-based partners left Ashurst in July for US finance firm Chapman and Cutler, with a sixth partner departing for Allen & Overy (A&O) last month.

Partners Patrick Quill, David Nirenberg, Steven Kopp, Doug Bird and Tom Glushko all left Ashurst, completing the full departure of the ten-partner team the firm hired from McKee Nelson in 2009 to launch a structured finance practice.

Continue reading “Ashurst pulls the plug on ill-fated 2009 move into US finance law with NY restructuring”