NEXT
Sign in to follow

International Edition

Bakers hires former A&O finance director as global CFO

Baker & McKenzie has hired Allen & Overy's (A&O's) former finance director Ian Dinwiddie as its global chief financial officer (CFO). Dinwiddie, who succeeds Robert Spencer in the role at Bakers, will take up the post in the New Year when he will become responsible for developing and driving the firm's strategic financial initiatives.
2 minute read

International Edition

Slaughters and Linklaters lauded as City's best-run firms as partners chase leadership dividend

Nine out of 10 senior lawyers view leadership as key to success while DLA Piper's recruitment of former Linklaters head Tony Angel wins widespread backing. Simon Petersen reports
4 minute read

International Edition

Taylor Wessing names new senior partner as Winter steps down

Taylor Wessing has elected real estate partner Adam Marks as the new senior partner of its UK arm. Marks took up a three-year term at the Anglo-German firm's helm earlier this month (1 November) replacing Martin Winter, who has stepped down after six years in the role.
2 minute read

International Edition

Salans sees seven partners quit for US firm's London launch

Salans is to lose a seven-partner team from its London office to Locke Lord, as the Texan firm moves to launch its first permanently staffed base in Europe. Salans global banking chief and former global chair Stephen Finch, who stepped down as chairman in January 2010 after five years in the role, is among a raft of partners to resign from Salans' London office last week.
3 minute read

International Edition

More expected to flock to Turkey as Bakers secures long-planned launch

Baker & McKenzie is set to join the growing ranks of international law firms in Turkey after entering into a co-operation agreement with local practice Esin 
Attorney Partnership. The firm is entering Europe's fastest growing economy through a partnership with the Istanbul-based firm Esin, a 40-lawyer firm covering practice areas including corporate, real estate, dispute resolution and competition law.
3 minute read

International Edition

Addleshaws' Devitt tipped for second term as firm begins managing partner nominations

Addleshaw Goddard is gearing up for a management election with managing partner Paul Devitt's three-year term in office set to conclude at the end of April next year. The firm's partnership is set to start preparing for a formal nomination process which will take place in the New Year.
2 minute read

International Edition

Ashurst brings in female quota for management roles in diversity push

Ashurst has become the first leading UK law firm to introduce a quota for the number of women it wants to employ in management positions, with the City firm aiming to have one quarter of its management posts filled by women within the 
next three years. The target has been introduced by the Ashurst Committee, which was created at the start of 2011 by senior partner Charlie Geffen and global head of corporate Stephen Lloyd with the intention of improving the retention of female lawyers.
3 minute read

International Edition

Field Fisher votes in regulatory chief as new managing partner

Field Fisher Waterhouse has elected a new managing partner, with the firm's head of regulatory Matthew Lohn replacing Moira Gilmour in the role. Lohn was elected to the role following a contested vote that also saw technology and outsourcing head Michael Chissick put himself forward.
2 minute read

International Edition

The client is king - Linklaters' new senior partner aims for a more responsive style

Linklaters' new senior partner Robert Elliott has spent much of his first weeks in office courting general counsel. Since formally succeeding David Cheyne in the role at the start of this month, Elliott has paid a visit to most of the firm's top 50 clients, which include the likes of Royal Bank of Scotland (RBS) and BP. The number of meetings represents something of a shift for Linklaters, demonstrating its recognition of the growing power of in-house counsel and the way the firm needs to change its service accordingly.
6 minute read

International Edition

Why the irregularities in calculating PEP make it an inadequate indicator of success

When times are good, most partners are content with their lot. However, over the last three years, legal practices have been hit with an onslaught of lower demand for services, increased competition, higher tax rates, regulatory change and the disappearance of traditional funding. Partner expectations should therefore have also changed. However, a managing partner at a significant-sized law firm was recently heard to say: "We know that our performance has suffered in the recession and we can live with that as a partner group, as long as we are not suffering more than the competition." You can understand his concern. When partners feel squeezed, they tend to be more likely to look at opportunities elsewhere.
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

  • Why Embracing Change Is Essential for Your Legal Department

    Brought to you by DiliTrust

    Download Now

  • International Export and Trade Assistance State Law Survey

    Brought to you by LexisNexis®

    Download Now

  • How This Personal Injury Firm Reduced Client Intake Time by 80%

    Brought to you by PracticePanther

    Download Now

  • The Hidden Cost of Bad Reviews: Why Law Firms & Attorneys Can't Afford a Damaged Online Reputation

    Brought to you by Erase.com

    Download Now