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International Edition

Foreign Law Firms in Hong Kong Cut Head Counts; the 20 Largest Firms Trim 5% of Lawyers in 12 Months

Senior partners have been encouraged to retire early, while capital markets and M&A teams also have been cut as deal work dries up. A Law.com analysis of Hong Kong Law Society data shows just how dramatic those cuts have been over the past year.
5 minute read

International Edition

Senior Partners Approach $3,000 an Hour, As More Billing Rate Hikes Expected in 2025

About 16 Am Law 50 firms have third-year associates with rates over $1,000, but Valeo Partners project around half of the Am Law 50 to have rates of over $1,000 for this group of lawyers by 2025.
5 minute read

International Edition

Norton Rose Moves Away from C-Suite Structure as Jeff Cody, Peter Scott Retain Top Roles

A global management committee staffed by regional leaders will make the firm more nimble, Cody and Scott said.
4 minute read

International Edition

Gibson Dunn Cuts Half of Singapore Partnership, Four Partners Set to Leave

The move, which leaves the firm with three partners who are solely based in Singapore, comes in contrast to the steady influx into the city-state in recent years.
4 minute read

International Edition

Orrick Adds Partner-Led Paris Finance Team as European Firms Ramp Up M&A and Finance Hiring

Orrick and Willkie are the latest Big Law firms to bolster their finance and M&A teams as part of the ongoing expansion across Europe.
2 minute read

International Edition

Nonequity Tiers Are Growing, but These Big Firms Say Path to Equity Remains the Same

Leaders of Paul Weiss, McDermott and Weil explain their firm's path to partnership approach—and the benefits from it.
6 minute read

International Edition

Baker McKenzie's Key Linklaters Hire Unveils Game-Changing Global M&A Plan

The firm has more than 1,300 M&A lawyers in 45 countries and hints there is "more to come" in Germany.
2 minute read

International Edition

Herbert Smith Freehills Appoints Martin Kavanagh as Africa Chair

The leadership structure brings together the Johannesburg, London and Paris offices that are key to the Africa Group.
2 minute read

International Edition

Eversheds Sutherland Elects New Co-CEOs Beginning in Spring 2025

London-based Keith Froud and Austin, Texas-based Lino Mendiola will replace the current leaders, who oversaw the 2017 merger that created the trans-Atlantic firm.
4 minute read

International Edition

DLA Piper Boosts Employment and Real Estate Offering In Japan With Senior Partner Hires

The hires follow a series of high-profile movements across the firm's offices in Asia, including securing a fund finance specialist from Mayer Brown in Singapore last week.
2 minute read

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