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March 10, 2010 | Law.com

The New China Hands

Just a decade ago, China's rise as an economic superpower still seemed uncertain. Back then, the China practice of major international firms was still mainly the province of the Old China Hands -- lawyers who perhaps had a deeper affinity for Chinese language and culture than the practice of law -- who focused on representing foreign companies opening factories and shops in China. But with the country's economic rise, the face of the China practice at international firms has grown increasingly ... Chinese.
15 minute read
Coming Soon to the U.K.: Corporate Self-Reporting
Publication Date: 2009-07-21
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In the U.S. it's common practice for companies to divulge their employees' sins to prosecutors in exchange for leniency for themselves. Now, for the first time, the British Serious Fraud Office has confirmed that it's moving toward a similar approach.

April 20, 2010 | National Law Journal

Crowell enters Cairo, Saudi Arabia

Crowell & Moring has launched an affiliate office in Cairo and has formed an alliance with another law firm in Saudi Arabia.
2 minute read
June 15, 2001 | Law.com

The Empire Strikes Back

Lawyers, it is said, are motivated in equal part by fear and greed. When it comes to technology, which devil they listen to may depend on whether they're in London or New York. In London, where large firms have innovative long-range computer projects, they fear competitors' use of technology. So they spend lots of money. In New York, lawyers are focused on profits and less inclined to invest in long-term tech projects.
12 minute read
November 15, 2006 | Law.com

Private Equity Companies Get Close to Simpson Thacher

Simpson Thacher & Bartlett just had a summer that private equity lawyers dream about. The New York firm's two top private equity clients, Kohlberg Kravis Roberts and The Blackstone Group, were on a dealmaking binge. Of course, Simpson has many private equity clients, but it makes sure that KKR and Blackstone always come first. The devotion has paid off: one KKR partner describes Simpson as part of its "inner circle." And several Simpson attorneys have moved in-house with Blackstone and KKR.
21 minute read
October 24, 2002 | Law.com

1 minute read
October 02, 2006 | Law.com

How a Global 100 Firm Became a Profit Powerhouse

Organizationally speaking, Slaughter and May is a dinosaur, with lockstep compensation and consolidated foreign offices. But had the Tyrannosaurus rex thrived like Slaughter, it might have lasted a few more million years. According to the Am Law Global 100 survey, Slaughter is one of the 10 most profitable firms in the world, topping its U.K. competitors and trailing only the highest-earning Wall Street players. Two reasons for its success: a focus on high-end mergers and a network of independent firms.
19 minute read
April 30, 2007 | New York Law Journal

Newsbriefs

8 minute read
McKool Smith Hires a Pair of Veteran White-Collar Litigators--Who Are Also Best Friends
Publication Date: 2009-03-01
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Thomas Engel of Howrey and John Cooney, Jr., of Davis Polk worked together as federal prosecutors and became such good friends that they now serve as godfathers to each other's daughters. They always wondered what it would be like to practice together. Now they'll find out.

September 24, 2008 | The American Lawyer

This chart ranks firms by gross revenue for their most recently completed fiscal year. They are the world's 100 highest-grossing law firms. Revenue and revenue per lawyer figures for U.S.-based law firms are obtained from The Am Law 100, except where otherwise noted. Revenue figures for law firms in Europe are from Legal Week. Australian and Canadian firms were surveyed by The American Lawyer. Revenue figures for all overseas firms are converted to dollars using the average annual conversion rate as published by the U.S. Federal Reserve. Revenue figures are rounded to the nearest $500,000.
20 minute read

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