Sign in to follow

International Edition

HSF-Kramer Levin Deal Offers 5 Insights Into Modern-Day Mergers

The Herbert Smith Freehills agreement with Kramer Levin follows a set path that is becoming the norm for law firm combinations.
7 minute read

International Edition

HSF Locks In Its American Dream. But What Will a U.S. Merger Mean For its Asia Practice?

Last year, HSF announced the closures of its Seoul and Kuala Lumpur offices. It has also recently rejigged its Singapore offerings and cut some Hong Kong staff. How much of that was so it would sit pretty for an American suitor?  
5 minute read

International Edition

America Voted. What's Next For Big Law?

It's difficult to predict what will happen once Donald Trump is sworn in as President of the United States but it's fairly certain that whatever he does, Big Law will be busy, the Global Lawyer writes.
5 minute read

International Edition

How to Avoid a Money Laundering Scandal

A compliance crackdown has left many floundering, writes Paul Hodkinson, who asked the largest firms about how big their anti-money-laundering teams are.
4 minute read

International Edition

The Price of Time: Should Law Firms Sell Minutes or Value?

As the legal industry grapples with the rise of AI, the once-immutable billable hour faces unprecedented scrutiny.
4 minute read

International Edition

Skadden's Big China Cuts and What They Mean for the Market

Skadden has joined a long list of law firms that have made cuts in China. But with so many lawyers already on the market, where will they all find new homes?
5 minute read

International Edition

'Who By Fire?': Reflecting On Law Firms in a Tumultuous Year

In a year punctuated by law firm mergers, office closures, and wars, law firms might want to take time to reflect on what has transpired and what they might see in the coming year, writes The Global Lawyer. Even in an industry that acts like it knows where it's going, there are no certainties.
7 minute read

International Edition

A China Practice by Any Other Name, Will It Be as Sweet?

Simmons & Simmons has a Shanghai office with no partners. Instead, it has formed an alliance with Chinese firm YaoWang. What are its plans, and will it be the underdog as it attempts to set a new path for a coveted China practice?
6 minute read

International Edition

The Growing Tension—And Opportunity—in Big Law Nonequity Tiers

Large law firms continue expanding their nonequity tiers each year, as firm management exerts tighter control over who receives firm profits.
6 minute read

International Edition

What About Wachtell? The Link Between Growth and Profits

Research shows a correlation between revenue growth and PEP growth, which has implications for smaller, high-quality firms, writes the Global Lawyer.
5 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • Yearly Roundup: Strategic Insights for Law Firm Decision Making

    Brought to you by CARET Legal

    Download Now

  • Lex Machina Contracts: Commercial Litigation Report 2024

    Brought to you by LexisNexis®

    Download Now

  • White Collar Investigation Practice: Global Expertise in Complex Investigations

    Brought to you by HaystackID

    Download Now

  • Criminal Division's Evaluation of Corporate Compliance Programs: September 2024 Updates Review

    Brought to you by NAVEX Global

    Download Now