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International Edition

Nabarro in second redundancy round as profits fall

Nabarro has reported a 9.7% drop in revenue for the 2008-09 financial year while profits per equity partner (PEP) have fallen by 35%. Unaudited figures from the firm show that revenue for the last financial year stood at £126.5m, down from last year's equivalent figure of £140.1m. PEP fell to £375,000, down from last year's equivalent figure of £574,000.
2 minute read

International Edition

DLA Piper cuts 121 in second round of layoffs

DLA Piper has conducted its second US redundancy round so far this year, cutting 21 associates and 100 staff, writes The Recorder.The attorney cuts amount to less than 2% of its US lawyer headcount of 1,380. The firm has already taken several steps this year to control costs, including cutting partner and associate salaries.
2 minute read

International Edition

Camerons cuts 73 jobs as consultation closes

CMS Cameron McKenna has completed its redundancy consultation, laying off 73 London staff earlier this month (8 June). The cuts come as the firm prepares to implement its flexible working scheme in the City from the beginning of next month, after 96% of staff opted into the programme.
2 minute read

International Edition

BLP completes redundancy consultation with 85 staff laid off

Berwin Leighton Paisner (BLP) has completed its redundancy consultation, with the firm laying off 85 members of staff. More than half of the cuts (47) were compulsory, with 32 staff opting for voluntary redundancy and six choosing to take early retirement.
2 minute read

International Edition

Redundancy - a scary prospect

According to some of the more optimistic reports, the first clouds of recession may be lifting. However, the immediate prognosis for lawyers still seems to be rather bleak - an impression added to by an article in The Times last week entitled 'UK legal industry faces loss of 10,000 lawyers'. Although a fall in the number of lawyers is likely to be met with cheers in some quarters, what does it mean for us as a profession?
3 minute read

International Edition

Editor's Comment: The one-handed lawyer

Most legal jokes aren't much help in understanding commercial lawyers, since the stereotypical ambulance-chaser dominates humour about the profession. So if lawyers want to understand their image in the wider business community they could do well to look at jokes usually reserved for accountants and economists (there are quite a lot).
3 minute read

International Edition

Netting the prize

A recurring point of discussion and major concern from the past 12 months or so has been the issue of slashed marketing budgets and how deeply this might impact website operations. While fee earners are being made redundant at all levels and across most practice areas, it seems slightly trivial to talk about the erosion of marketing budgets, yet there are serious consequences to this action.
6 minute read

International Edition

Boost your cable power

The current recession has become infamous for its speed and bruising impact and the legal sector is feeling the pain. Even major City law firms, renowned for stability, are reporting significant loss of business and many have already made cuts or begun redundancy consultations.This follows a period of real change in the sector in the past decade with the rise of more regional and global firms. As they go international, law firms need to change the way they operate, moving from individual outfits to cohesive international brands.
4 minute read

International Edition

Litigation support and e-discovery: Where lawyers fear to tread

Getting to grips with the disclosure of electronic documents is crucially important for every litigator. E-discovery is more than just a buzz phrase; it plays a key role in many cases. When done properly it can be the key that unlocks a case, and can save significant time and costs for your client. When done badly it can have disastrous consequences. Recent case law provides lawyers with a simple message: every party must give proper consideration to e-discovery or face adverse consequences if they do not. In this article we look at the basic rules, the new case law and provide some practical tips. We also ask the following difficult question: what do you need to know about IT to be a good litigator?
10 minute read

International Edition

Litigation support and e-discovery: Language barrier

Litigation and arbitration cases are increasingly becoming global in nature, and data may come from a variety of countries. There is a mixture of legislative jurisdictions involved as well as a myriad of languages and cultures - including vast differences in the maturity of attitudes towards e-discovery. In an increasingly integrated global community, with cross-border cases ever more frequent, the process of disclosure grows more complex. Documents created in any country and any language can be, and increasingly are, relevant to lawsuits, investigations or regulatory matters. Consequently, legal teams need to be fully aware of how to best equip themselves for the challenge of dealing with multilingual forms of evidence.
9 minute read

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