Features

  • University of life - introducing young people to a life in law

    By Legal Week | May 25, 2011

    From court tours to career workshops, a trio of City firms are backing an initiative to introduce more students to the world of law. James McCreary outlines the impact Career Academies UK can have on teenagers' futures

  • The grand illusion - are twin-partnership unions mergers in name only?

    By Legal Week | May 25, 2011

    Law firm managing partners await publication of The Am Law 100 with great anticipation. In the publishing industry, rankings are a sure seller, and The Am Law 100 is a ranking par excellence. And, while The American Lawyer often relies upon law firms to supply their own financial data, there is widespread belief that the reported metrics are substantially correct. Until now. The ranking has been undermined not by law firms, but by the magazine itself. Because The American Lawyer now treats two or more independent firms within a Swiss verein as a single law firm, it has debased the financial results upon which its ranking rests.

  • Side by side - one year in, how is Hogan Lovells shaping up within the Am Law 100?

    By Legal Week | May 25, 2011

    In early March the Gaylord National Hotel and Convention Center outside Washington DC teemed with hundreds of lawyers from Hogan Lovells. The firm was holding its first global partnership conference, and one of the hotel's ballrooms had been turned into a marketplace with stations representing each of the firm's 40 offices. At each station, partners were on hand to provide information about the office. The stations also offered local treats to entice lawyers to linger. "The Paris station had champagne, the Northern California station had wine and the Beijing station had baijiu," recounts Warren Gorrell, the firm's co-chief executive. "But it wasn't all alcohol," he adds quickly. (The Brussels station had chocolate.) The event, while certainly cliche, was nonetheless important for the 2,400-lawyer firm, which was created in May 2010 through a combination of Washington DC-based Hogan & Hartson and London's Lovells.

  • Fat chance - debunking ideas about Am Law 100 profit margins

    By Legal Week | May 25, 2011

    Grow your way to the top? Some common ideas about Am Law 100 profit margins don't hold up, a five-year analysis shows. Amy Kolz reports

  • Back in black - key trends and figures from The Am Law 100 results

    By Legal Week | May 25, 2011

    After watching partner profits sink in 2008 (down 4.3%) and crawl back into positive territory in 2009 (a mere 0.3% increase), The Am Law 100 collectively exhaled last year as profits per equity partner (PEP) jumped a healthy 8.4%. Major US law firms certainly didn't let the economic crisis go to waste. They cut overhead, principally by trimming headcount at all levels, and reined in expenses. (Lavish retreats in exotic locales gave way to pedestrian events at the home office.) As the economy revived, the country's highest-grossing firms were able to convert modest revenue gains into profits thanks to their prudence. Here are a few other key stats from our rankings:

  • International Edition

    A helping handout - suggestions for law students trying to make ends meet

    By Charlotte Edmond | May 18, 2011

    With university fees set to rise to £9,000 next year, anything that lessens the financial burden for law students is a welcome relief. Charlotte Edmond looks at the options

  • A helping handout - suggestions for law students trying to make ends meet

    By Charlotte Edmond | May 18, 2011

    With university fees set to rise to £9,000 next year, anything that lessens the financial burden for law students is a welcome relief. Charlotte Edmond looks at the options

  • For the record - the rise of injunctions

    By Legal Week | May 18, 2011

    In Legal Week's recent interview with Keith Schilling in the article Private Versus Public Keith has, I'm afraid, got away with a couple of distortions about privacy actions. He comments: "Parliament has legislated in favour of privacy" and that as regards injunctions it is "not secret justice between the claimant and the court". He says that "the media are also involved; generally it is tripartite, which is the whole point of an injunction, as the media need to know the terms of the injunction to be bound by it".

  • All being equal - the impact of the Government's equality agenda on employment law

    By Legal Week | May 18, 2011

    In December 2010, the Government published its equality strategy – Building a fairer Britain – which is founded on the principles of equal treatment and equal opportunity. Interestingly, the strategy envisages tackling all inequalities including those not currently protected by legislation, eg, class inequalities. To achieve this, the strategy recognises the need to move from legislation-based solutions and the strand-based approach, focusing instead on the individual.

  • A striking case for reform - pressure mounts for industrial relations reform as unions flex muscles

    By Legal Week | May 18, 2011

    Although fewer days are lost to strikes now than a decade or two ago, a number of recent high-profile public and private sector industrial disputes have placed the issue firmly back on the public stage. The Trades Union Congress (TUC) also threw down the gauntlet at its last conference, when it pledged to: "...support 
and co-ordinate campaigning and joint industrial action, nationally and locally, in opposition to attacks on jobs, pensions, pay 
or public services".

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