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International Edition

CMS partners set to pay in up to £70,000 in new cash call

CMS Cameron McKenna has called on its partners to put in additional cash, with the firm upping the amount of capital paid in by equity partners by £1,000 per equity point. The capital increase, which was approved by a partner vote at the end of last month, affects the amount of money partners pay in when they join the equity, with all also required to make a one-off payment covering the increased cost for each of their equity points.
2 minute read

International Edition

Holman opens third Australia base with Perth office launch

Holman Fenwick Willan has launched an office in Perth, marking the firm's third presence in Australia. The office, which opened today (1 May), will focus on the energy and natural resources sectors. It will be headed by Julian Sher, who joins from Perth's Francis Burt Chambers.
2 minute read

International Edition

Incentives and staff compliance key to beating bribery

With the Bribery Act 2010 due to come into force on 1 July, bringing with it possible criminal sanctions for non-compliance, companies are increasingly turning their attention to improving their risk management framework. Many companies will already have drafted anti-bribery policies and set out in detail the rules surrounding gifts and hospitality. Stage two of preparation for the Bribery Act's implementation is likely to involve rolling out training to employees to ensure that they are aware of any new policies and of the behaviour expected of them.
4 minute read

International Edition

Olswang sharpens focus on time billed in key client push

Olswang has drawn up a roster of core clients for the year ahead as the firm brings in new measures to better monitor the time its lawyers spend working on each account. As part of its 2011-12 strategy plan, the law firm has identified 20 key clients to focus extra resources on over the coming year, including ITV, the BBC, Microsoft, Legal & General, Lloyds Bank and Nationwide.
2 minute read

International Edition

Addleshaws to cut up to 40 jobs in comprehensive firm restructuring

Addleshaw Goddard is set to cut up to 40 jobs across its business services function, with the redundancies coming against a backdrop of falling revenue and profits and an overhaul of its management and operational structure. The national firm has launched a 30-day consultation with all those at risk of redundancy in its business services division. The consultation is expected to lead to up to 40 job losses. No fee earners will be affected by the cuts.
3 minute read

International Edition

The rod delusion - why 'being more ruthless' isn't much of a strategy for law firms

It has become a truism when looking at what ails a law firm, particularly one struggling to keep up with rivals, to argue that the solution is simple: be more ruthless. The logic is that if these sleepy firms could only kick the collective rear of their partnership – and kick out a fair chunk of underperformers – then the law firm would achieve its true greatness. Certainly, the 'don't spare the rod' school is frequently espoused by journalists, who then tend to moan when the suitably toughened firm starts firing staff (I'm sure historically Legal Week has been an offender on this regard – apologies).
3 minute read

International Edition

Keeping an open mind about going open plan

The last 12 months have seen a number of law firms moving to new offices, with many signing 15 or 20-year leases. No-one can doubt that the legal market is going to change radically during that time, and no-one can be sure what the landscape will look like in 2031.
4 minute read

International Edition

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

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.
10 minute read

International Edition

Ex-Barlows chief exec Evans takes on 'brand and talent' role at RPC

Former Barlow Lyde & Gilbert chief executive Clint Evans is joining Reynolds Porter Chamberlain (RPC) to lead the firm's business development department. Evans is set to join RPC next month as director of brand and talent, a role that will see him working alongside HR director Sally Andrews and knowledge management director Andrew Woolfson, with responsibility for leading the business development team.
2 minute read

International Edition

Linklaters names partner duo as US co-heads

Linklaters has appointed new co-managing partners for its US practice, as incumbents Larry Byrne and Nick Rees step down. Conrado Tenaglia and Jeff Norton have been appointed as of 1 May for a four-year term. Norton, who will continue in his role as US banking co-head alongside his new responsibilities, has been at Linklaters since 2005 when he joined from US outfit O'Melveny & Myers. Meanwhile, Tenaglia relocated to the New York office earlier this year from his role as co-managing partner for Linklaters in Spain. He was previously based in the firm's US office from 2001 to 2003 before moving to Madrid.
2 minute read

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