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Reed Smith Snags Partners for Chicago Push
Reed Smith has bagged five new partners for its Chicago arm, including taking two partners from the head office of rival Mayer Brown. The hires are the latest in a string of partner-level appointments for Reed Smith in Chicago, with the national law firm having brought in nine new partners in the last five months.Confidence Dips at U.K. Firms as Credit Squeeze Hits, but Partners Predict Growth
The summer's credit market turmoil has put a noticeable dent in business confidence at the top U.K. law firms, but a clear majority of partners believe their businesses will maintain robust growth. Results of a quarterly business confidence poll show that the aftermath of the credit squeeze has left partners tentative over sustained deal flow, with those expecting growth of any kind dropping by 12 percent.'Clawback' Agreements Lose Their Grip in Court
The trouble with "clawback" agreements is the creeping doubt over whether they actually preserve privilege. Unless courts accept that new realities such as e-discovery require a new standard, dispensing with a privilege review in a case looks risky. Can clawback get a grip?Trending Stories
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The Positive Impact of AI at Small Law Firms: 4 Key Insights
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