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January 05, 2018 | International Edition

'The precedent is now set for double-digit million-dollar compensation': legal headhunters on their predictions for 2018

Recruiters on the hot practice areas, pay prospects and merger moves set to dominate 2018
9 minute read
August 10, 2017 | International Edition

Microsoft advisers put on brave face as tech giant targets major shift to alternative billing

Microsoft is aiming for 90% of its external legal work to be carried out under alternative fee arrangements - but what do its law firms think?
4 minute read
August 08, 2017 | International Edition

Microsoft rethinks law firm relationships as 13 join alternative billing and diversity initiative

Latham and Simpson Thacher among firms on new programme aiming to increase use of fixed fees
5 minute read
July 13, 2017 | International Edition

Linklaters US associate tied to insider trading charges after husband arrested

Husband of Linklaters associate arrested on insider trading charges in case that alleges he profited from knowledge garnered from his wife's M&A work
3 minute read
February 26, 2016 | International Edition

Dentons taps former McKenna partners for nearly $2m following 'accounting errors'

The firm believes "over distribution" of profit at the legacy firm led to its merger coming up short
3 minute read
April 03, 2012 | International Edition

Dewey exits continue as corporate team joins DLA Piper in New York

Dewey & LeBoeuf has seen two more partners leave the firm as a four-strong corporate team departs for DLA Piper in New York, reports The Am Law Daily. The most recent departures, which bring the the total number of partner losses at the firm to 41 so far this year, are partners John Altorelli and Alexander Fraser and counsel Patrick Costello and Gerald Francese. All four are joining DLA as partners.
3 minute read
March 29, 2012 | International Edition

Dewey in top-level overhaul as US firm's finances face questions

Dewey & LeBoeuf this week set out plans to comprehensively overhaul its management as the US giant moves to allay doubts about its business. The firm announced plans to demote chairman Steven Davis on 26 March in an overhaul that will see the heads of its most profitable practices – bankruptcy, corporate, litigation and public policy – join a temporary new five-member management team alongside Davis.
4 minute read
July 14, 2010 | International Edition

Second acts: Dentons-Sonnenschein tie-up offers a chance for reinvention

The upcoming union of Denton Wilde Sapte and Sonnenschein offers two firms that have suffered their fair share of setbacks a chance to reinvent themselves for the global legal market. Sofia Lind and Alex Novarese ask if the deal can help the pair to galvanize their businesses
22 minute read
March 12, 2009 | International Edition

US firms shed 4,200 staff during February

The number of individuals employed in the US legal sector shrank by 4,200 in February, according to new statistics issued last week (6 March) by the US Department of Labor's Bureau of Labor Statistics (BLS). The 0.36% drop from January's numbers reflects a continued series of layoffs by US law firms.The BLS data shows that since February 2008, roughly 21,000 jobs have been lost in the US legal sector.
2 minute read
August 07, 2008 | International Edition

Healthcare duo join Arnold & Porter in NY

Arnold & Porter has hired a partner and a counsel for its New York healthcare practice, taking the pair from the local office of Arent Fox. Jeffrey Ruggiero joined as a partner, while Andrew Bogen will be counsel. Daniel Kracov, head of Arnold & Porter's Food and Drug Administration and healthcare group, said: "Their on-the-ground presence in New York will be an added benefit to our clients."
1 minute read

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