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International Edition

Is Germany on the Brink of Allowing Third-Party Ownership of Law Firms?

By law, mere financial investors are not allowed to acquire stakes in law firms in Germany. In other countries this has long been standard practice. The German concern: legal independence could suffer. Others say: This violates fundamental European freedoms. Now the ECJ is to decide.
5 minute read

International Edition

Australian Lawyers Get New 'Right to Disconnect' After Hours—But Will They?

Lawyers can only refuse unreasonable out-of-hours contact.
4 minute read

International Edition

Jones Day Hires King & Spalding Corporate Partner in Singapore

Parveet Singh Gandoak has advised on some of the largest South Asia cross-border corporate transactions in recent years.
2 minute read

National Law Journal

DC Law Firms 'Underperformed' in First Half of 2024

Among D.C.-based firms, revenue was up 5.6% in the first six months of 2024, falling below the 11.4% revenue growth the industry saw overall.
3 minute read

The American Lawyer

Law Firm Marketers Saw Pay Raises, but Workload and Promotion Challenges Remain

"We're overworked, underpaid, and underappreciated. We're considered an expense, not an investment," noted one respondent of ALM Intelligence's recent legal marketing survey.
6 minute read

Law.com

How I Made Office Managing Partner: 'To Lead an Office, First Be a Good Follower and Good Firm Citizen,' Says Brian Johnsrud of Duane Morris

"Law is still fundamentally an apprenticeship profession, both in practice and leadership. If you want to lead an office someday, first be a good follower and good firm citizen."
9 minute read

International Edition

Germany's Law Firms Defy Economic Downturn, Predict M&A Surge

The legal sector in Europe's largest economy has skipped the recession but what lies ahead?
4 minute read

The American Lawyer

Second 50 Law Firms Are Trailing Elite Firms and Smaller Peers in Growth

Lower billing rates, more head count, and slowed collections, relative to the top 50, have all contributed to the Second 50's slower growth.
5 minute read

National Law Journal

Adding a New C-Suite Role, Fish & Richardson Hires Chief Legal Risk Officer

Elham Dehbozorgi will oversee a team of around 50 people, including analysts and some attorneys.
2 minute read

International Edition

McCarthy Tétrault Names Litigation Group Leader as New Firm CEO

Sunil Kapur takes over the top leadership role at the Canadian firm from Dave Leonard, who steps down at year's end.
2 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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