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Vereins: The new structure for global firms
When is a law firm not a law firm? That sounds like the setup to the driest joke of all time. In fact, it's the subject of serious debate within the industry.Profits at U.K.'s Top 50 Law Firms Hit Record Levels
The United Kingdom's top 50 law firms have seen a second year of double-digit revenue growth, with fees rising 14 percent annually to hit �10.5 billion. Legal Week's 2006-07 figures also show average profits per equity partner going up by 13.5 percent. What's more, the four largest firms generated �4.18 billion in fees among them, nearly 40 percent of the top 50's income. Clifford Chance managing partner David Childs said the results vindicated the big four firms' investment in their foreign offices.Am Law 100 Trio Tune In for Television Station Tie-Up
Debevoise & Plimpton, Fried Frank, and Gibson, Dunn & Crutcher are advising on an all-stock merger between Media General and New Young Broadcasting that will create a television broadcast company with 30 stations in 27 markets.Trending Stories
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