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Legal Week

Bright young things – decreasing opportunities drive disenchantment among student population

Given Legal Week's focus on senior lawyers working in the top international firms, the people we speak to on a daily basis have already enjoyed success in their careers.
5 minute read

Legal Week

Taking stock – partner hiring is down but acquisitive US firms remain a scourge for UK rivals

"They take our work and our partners and now they want our associates" – is how one senior partner at a leading City firm recently described the continued efforts by US law firms to make their mark in the London legal market
9 minute read

Legal Week

Plus ça change – can Rare's diversity scheme transform the profession?

On the surface a lot can change in the legal world in six months. In the time since I went on maternity leave last summer, SJ Berwin has agreed and gone live with its much-trailed combination with King & Wood Mallesons (KWM), Lawrence Graham has finally found a merger partner in the shape of Wragge & Co, and CMS Cameron McKenna? Well, it hasn't yet managed the US link it has publicly set its sights on, but it has agreed a deal with ailing Scots firm Dundas & Wilson. In many respects though, these developments – with the exception of the KWM merger – seem unlikely to be transformational. Even in KWM's case, the impact it makes will be intrinsically linked to the extent to which the firm can integrate and overcome sizeable cultural differences. Meanwhile, UK mid-market merger activity is increasingly just business as usual for a host of firms scrabbling to improve – or simply maintain – their position in a saturated and highly competitive market.
6 minute read

Legal Week

A conscious bias – why a little positive discrimination is no bad thing

A reader questioned last month why we had chosen to highlight the fact that all of newly merged Dentons' recent EMEA partner promotions were female. Why was their gender relevant to their promotion, they asked – would we have raised the issue if all four of the new partners were male? And of course, he (or she) has a point. With so few women making partner – despite more of them than men joining the profession at entry level and various initiatives by firms to boost female retention – there is inevitably a bias towards reporting the few that do make the grade.
9 minute read

International Edition

Language barriers – firms face challenge to translate Asia efforts into profit

For some time now, Asia – and Hong Kong in particular – has been seen as the land of hope and opportunity by international law firms. Its relative resilience against the worst of the downturn has meant firms have continued to plough money into the market, despite tightening purse strings elsewhere. But on the ground, as both our lead feature on life as an expat in Hong Kong and our front page story this week demonstrate, it's now a very different market to what it was a few years ago.
3 minute read

Legal Week

Language barriers – firms face challenge to translate Asia efforts into profit

For some time now, Asia – and Hong Kong in particular – has been seen as the land of hope and opportunity by international law firms. Its relative resilience against the worst of the downturn has meant firms have continued to plough money into the market, despite tightening purse strings elsewhere. But on the ground, as both our lead feature on life as an expat in Hong Kong and our front page story this week demonstrate, it's now a very different market to what it was a few years ago.
6 minute read

International Edition

Moods in Manhattan – mixed messages from the world's legal capital

You don't really appreciate until you talk to Manhattan lawyers in their own habitat how Wall Street firms at times seem weighed down by history. In London, partners often struggle to remember as far back as the 1990s. But their counterparts in the bustling yet conservative Manhattan community still find their focus drawn to key moments in their firm's past.
3 minute read

Legal Week

Moods in Manhattan – mixed messages from the world's legal capital

You don't really appreciate until you talk to Manhattan lawyers in their own habitat how Wall Street firms at times seem weighed down by history. In London, partners often struggle to remember as far back as the 1990s. But their counterparts in the bustling yet conservative Manhattan community still find their focus drawn to key moments in their firm's past.
11 minute read

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