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February 23, 2024 | International Edition

'One Firm' or Separate Entities? Vereins' Growth Bumps Into Conflicts, Liability Concerns

A ruling from an appellate court in the U.S. has put Baker McKenzie's structure under scrutiny, two years after Dentons was saddled with a $32 million malpractice verdict that also implicated the firm's verein status.
8 minute read
February 23, 2024 | International Edition

Japan's Big Four Firm Mori Hamada Launches Fifth New Outfit in 12 Months

The firm has recently also set up in New York, Jakarta, Manila and Sapporo.
2 minute read
February 22, 2024 | International Edition

When Will Law Firms Learn? The Top-Down Approach Never Pays, and Always Bites Back

Latham & Watkins' decision to block automatic access for its Hong Kong staff to files and documents outside of Greater China was not necessarily wrong. But the way it implemented the change was tone-deaf. The firm's sin was its failure to communicate, writes Jessica Seah in the Asia Legal Briefing.
6 minute read
February 22, 2024 | International Edition

Amid Partnership Expansion, Paul Hastings Sees Double-Digit Boost in Profits and RPL

Paul Hastings' equity tier grew by 2% while its nonequity tier surged by 14%.
5 minute read
February 22, 2024 | International Edition

DLA Piper Adds Project Finance Partner in Brazil

Bruno Soares, who spent more than a decade at Allen & Overy, will split his time between São Paulo and New York.
2 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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February 22, 2024 | International Edition

Shearman Lateral Hire Rides Latin America Capital Markets Wave 

Facing depleted ranks, Shearman & Sterling's storied Latin America practice convinced a former counsel to return—and business is booming.
3 minute read
February 22, 2024 | International Edition

McDermott Sees 13% PEP Rise as Revenue Continues Steady Growth

The firm said there was some underperformance in Europe compared with the firm's US output, but London revenue rose 31% in 2023.
5 minute read
February 22, 2024 | International Edition

Bar Associations and Human Rights Arms Speak Out on Navalny's Death

"This is a pattern we have seen too many times with the imprisonment, and murders of Russian opposition figures," the director of the International Bar Association's Human Rights Institute said, as governments began imposing sanctions on Russia in response to Navalny's death.
5 minute read
February 22, 2024 | International Edition

Freshfields Continues Private Funds Growth with Top New York Partner Hire

The hire comes after the firm added a new private funds co-head from Akin last month.
2 minute read
February 22, 2024 | International Edition

Allen & Overy Hires 5-Lawyer Milbank London Team Ahead of Merger

The move comes just months ahead of the the firm's merger with Shearman & Sterling.
2 minute read

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