December 08, 2009 | Law.com
DLA Piper Launches Third Round of Middle East LayoffsDLA Piper has made a new round of job cuts in the Middle East, announcing Monday that it is to lay off another 9 percent of staff in the region in response to continued deterioration in the market. The latest round of cuts equates to seven lawyers and 10 support staff losing their jobs. The firm did not provide a breakdown of the job losses but said the majority of the layoffs were in Dubai and affected the construction, real estate, project finance and development projects teams.
By Sofia Lind
2 minute read
April 26, 2011 | Law.com
SNR Denton Overhauls U.K. Strategy as Partner Profits DisappointSNR Denton, which grew out of last year's merger between Denton Wilde Sapte and Sonnenschein Nath & Rosenthal, is reviewing the focus of its U.K. business as part of a push to boost profitability. Profits per equity partner at the firm's U.K. arm are expected to drop by more than a third this year.
By Sofia Lind
3 minute read
February 03, 2011 | The Legal Intelligencer
MegaFirm Secretary Paying the Piper in Prison for Fiddling Expense ReportsA former Clifford Chance (CC) secretary was jailed last week for defrauding the magic circle firm of more than �23,000.
By Sofia Lind
2 minute read
May 17, 2010 | The Legal Intelligencer
BigLaw Firm Looks to Outsource All 200 Back Office JobsCMS Cameron McKenna is set to outsource its entire support staff function after signing an agreement with Integreon.
By Sofia Lind
2 minute read
May 10, 2010 | Law.com
Proskauer Rose Being Eyed as Merger Partner for SJ BerwinIn its hunt for a U.S. merger partner, London-based law firm SJ Berwin has shifted its attention to Proskauer Rose, with detailed discussions set to begin over the next month. Proskauer Rose has been identified as the sole merger candidate, although the discussions remain at a relatively early stage. A union would propel the merged firms into the global top 30 in revenue, according to the most recent financial data.
By Jeremy Hodges and Sofia Lind
2 minute read
August 05, 2009 | Law.com
Akin Gump Launches Middle East Investment Funds PracticeAkin Gump Strauss Hauer & Feld has relocated London-based partner Robert Griffin to Abu Dhabi to launch a Middle East investment funds practice for the firm. The funds specialist has been based in London for the last five years since relocating from Akin Gump's Dallas office. The launch will see the U.S. firm target new Middle Eastern sovereign wealth clients and will increase the number of partners based in the Abu Dhabi office to three.
By Sofia Lind
2 minute read
February 11, 2011 | The Legal Intelligencer
First the Staffers, Now Firm Sharpens Lay-Off Ax for LawyersCMS Cameron McKenna is set to see at least four partner departures as a result of a restructuring which has also seen a small number of partners moved down the firm's equity ladder.
By Sofia Lind
2 minute read
May 18, 2011 | The Legal Intelligencer
MegaFirm Raises Associate Pay Slightly, Doubles Some BonusesNorton Rose has increased its newly-qualified (NQ) salaries to �60,000 from �59,000 and raised the lowest-level bonus rate from 2.5% to 5%.
By Sofia Lind
2 minute read
September 25, 2009 | Law.com
Allen & Overy Ordered to Rehire Associate After Unlawful Dismissal RulingAllen & Overy has been ordered to rehire a Frankfurt-based associate laid off earlier this year after German labor courts ruled that her dismissal was unlawful. The Magic Circle firm has confirmed reports that the German court handed down a ruling Wednesday ordering it to take back an associate it laid off as part of its global restructuring earlier this year. The ruling said that the associate is still employed by the U.K. firm as the dismissal did not comply with German employment laws.
By Sofia Lind
2 minute read
February 26, 2008 | Law.com
Dewey Breaks $1 Billion in First Post-Merger ResultsDewey & LeBoeuf has become the latest firm to break the $1 billion revenue mark after unveiling its financial results for 2007. The New York-headquartered firm posted total revenues of $1.01 billion for the last 12 months, whilst raking in average partner profits of $1.57 million. These figures mark the first set of results since the merger of legacy firms Dewey Ballantine and LeBoeuf Lamb Greene & MacRae went live in October 2007, creating a Manhattan giant with more than 1,400 lawyers in 13 countries.
By Sofia Lind
2 minute read
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