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International Edition

Brooks Brothers' GC Calls for the End of the 'Outdated' Billable Hour

"The simple fact of the matter is that measuring value based on the number of hours spent is flawed as time does not necessarily reflect quality, execution or results," Rachel Barnett writes.
16 minute read

International Edition

Going After Latin American Middle-Market Deals, Berger Singerman Adds Two Partners

Daniel Hudson, previously at Baker McKenzie, said his former firm's climbing rates made it less competitive in the Miami market  "There's so much opportunity down here in the international market, but more in the middle market area," he said.
3 minute read

International Edition

Linklaters, Other Law Firms Call For Mandatory Ethnicity Pay Gap Reporting

Five law firms are among a number of business leaders to call on the U.K. government to enforce ethnicity pay gap reporting.
2 minute read

International Edition

Lateral Search Firm Drops Suit Against Freshfields

The dismissal was another instance of a headhunter dropping a suit against a firm on the heels of an adverse court ruling.
3 minute read

International Edition

Lawyer Mindset Still Barrier for Legal Tech Growth in Asia

"Lawyers are trained to identify risks, they are not trained to take risks," said Ben Tidswell, chairman of Ashurst.
3 minute read

International Edition

A&O Brings Case Against Former Client Over $1M In 'Unpaid Fees'

The UK firm alleges that it submitted eight invoices for legal work, all of which went unpaid.
2 minute read

International Edition

UK Competition and Markets Authority Launches Review of Legal Profession

The regulator will asses whether the recommendations made to the industry in 2016 have been applied and were successful.
2 minute read

International Edition

Will Billing Rates for Elite Firms Rise More in 2020?

Kirkland & Ellis said it typically increases the hourly rates of its professionals twice a year. But in 2020, routine rate hikes by big firms are not certain, observers said.
6 minute read

International Edition

Clyde & Co Profits Slide As Muted Results Season Continues

The firm said over half of its revenue came from its non-U.K. operations.
2 minute read

International Edition

Private Equity Firms Look to Cut Legal Spend Amid Downturn

Most in-house counsel at US and UK buyout firms expect to reduce external legal costs, a study has found.
3 minute read

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