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International Edition

Breaking up is hard - firms should be wary of dissing ex-partners

"Look, the reality is that this guy hadn't been performing for a while, and you know what happens in these situations…" My response was admittedly a bit schoolyard: "A US firm comes along and doubles their money? That'll teach 'em..."
3 minute read

International Edition

OC sets out plans for Paris launch as ink dries on Spain and Italy tie-ups

Osborne Clarke is planning to launch in Paris later this year, with the move coming as the firm finalises details of its planned mergers in Spain and Italy.
2 minute read

International Edition

Spreading the net - maximising local connections to reach potential clients

"If the 'first way' of doing legal business relates to the large international law firms with their global ambitions and the 'second way' relates to domestic law firms, then the 'third way' might refer to those players that are focused on clearly-defined regions..."
8 minute read

International Edition

Dewey administration sees 96 London layoffs with core team of 12 kept on

Dewey & LeBoeuf has made a total of 96 redundancies in its now-defunct London office, with a core team of 12 support staff members retained by the administrators to assist with the wind-down of the business. The firm's UK limited liability partnership (LLP), which also includes the Paris office, was officially placed into administration yesterday at approximately 2pm, with BDO business restructuring partners Mark Shaw and Shay Bannon appointed as joint administrators.
2 minute read

International Edition

Eversheds promotes nine lawyers to new director role

Eversheds has promoted nine UK lawyers to its newly-created legal director role, with the firm set to roll out the partnership alternative to its international offices next year.
2 minute read

International Edition

No backwater - there's a lot right in the legal profession

"The myth that law firms are badly run compared to the brilliantly high standards seen in most companies is a curious thing. Governance standards have risen materially over the last 15 years in the profession..."
3 minute read

International Edition

The long run - a 25-year view of the Am Law 100

"The profit increases by non-New York firms are just enormous. They are encroaching on the New York firms' historic position alone at the top..." - 25 years since the first Am Law 100 table, some fundamental patterns in the world's largest legal market can be seen...
13 minute read

International Edition

Shakespeares agrees sixth merger in five years with Harvey Ingram tie-up

Midlands firms Shakespeares and Harvey Ingram are set to merge later this summer, in a move that will create a combined firm with revenues of around £50m. The firms announced the merger to staff earlier today (24 May) with the planned tie-up set to go live from 1 August this year. The deal will see the pair come together to create one fully financially integrated firm with around 815 lawyers and staff. Shakespeares reported a turnover of £29.6m for 2011-12, with Harvey Ingram understood to have revenues of around £19m
2 minute read

International Edition

A&O to open two new offices in Vietnam with Mayer Brown JSM hire

Allen & Overy (A&O) is set to launch in Vietnam later this year, with the magic circle firm hiring Mayer Brown JSM's country managing partner, Dao Nguyen, to lead two new offices in Ho Chi Minh City and Hanoi. The offices are expected to open in the third quarter of 2012 and will expand the firm's reach to 42 offices across 29 countries. The practice will focus on energy, infrastructure and M&A.
2 minute read

International Edition

Herbert Smith makes support staff redundancies in Dubai

Herbert Smith has made five redundancies in its Dubai office following a 51-strong redundancy round at the firm's City headquarters announced last month. All five of the redundancies are in the Dubai IT and business services functions, with no fee earners or legal staff affected.
2 minute read

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

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