Law News
Law news found and posted by the lawyrs community.
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May 08 2012
American Lawyer has released its new rankings, with some interesting results. The top 100 firms worldwide showed an average 5.3 per cent increase in gross revenue and...
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May 08 2012
Van Campen & Partners, the boutique private equity firm that spun off from Baker & McKenzie’s Amsterdam office earlier this year, has hired its eighth partner....
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Apr 17 2012
A US District Court has dismissed a claim brought by 24 retired partners from the now-defunct law firm Coudert. The group alleged that Baker & McKenzie, Orrick...
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Apr 12 2012
International law firms have significantly increased their presence in China over the past year, with the top 250 US firms bumping their headcount in China by 10 per...
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Apr 09 2012
A reform bill drafted by the Justice Ministry of Japan would, if passed, allow foreign law firms to set up more than one office in the country.
Some foreign law...
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Mar 26 2012
Bird & Bird has boosted capacity across its Asia network with the addition of four partners.
Lorraine Tay leaves a role as the head of Baker & McKenzie’s Singapore...
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Mar 02 2012
Miami-based law firm Holland & Knight has announced further expansion in Latin America with the imminent launch of new office in Bogotá, Colombia.
The firm will...
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Feb 24 2012
Large international law firms are setting their sights on Mexico, as the country’s growing economy precipitates both inbound and outbound investment streams.
DLA...
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Jan 20 2012
Simmons & Simmons has taken out top honours for a fourth year running in the ratings for the most gay-friendsly law firm. The rating, conducted by charity organisation...
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Jan 06 2012
Baker & McKenzie is set lose a team of around 25 lawyers from its Amsterdam office, as the group sets out to launch an independent firm.
The team is led by private...
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Dec 14 2011
Stephenson Harwood has bolstered its expertise in China with the hire of partners ChunFai Lui and Matthew Wong, bringing its headcount in Greater China to 17 partners...
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Nov 21 2011
The pharmaceutical market in Emerging Europe is clearly facing a need for realignment with pressing issues of reduced health care expenditure, governmental cost...
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Nov 14 2011
Shoosmiths is the most ethnically- and gender-diverse law firm, according to the annual Black Solicitors Network’s Diversity League Table, which is sponsored by The...
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Nov 09 2011
Chicago-based firm Sidley Austin has boosted its Shanghai capital markets practice with the hire of a partner from Baker & McKenzie
Anthony Jacobsen is qualified...
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Oct 31 2011
Baker & Mckenzie now has a presence in Turkey after making an exclusive relationship agreement with Istanbul-based firm Esin Law Firm.
The chairman of Baker &...
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Oct 17 2011
Interesting article here about the effect of international expansion on law firm balance sheets. The article points out that of the five elite London firms belonging...
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Oct 06 2011
Baker & McKenzie’s Singapore member firm Baker & McKenzie Wong & Leow has hired senior counsel Chan Leng Sun from Singapore firm Ang & Partners, and appointed him as...
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Aug 17 2011
Baker & McKenzie has reported growth in gross revenue and average profits per partner in the past financial year.
The firm’s gross revenue hiked 8 per cent to a...
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May 04 2011
Baker & McKenzie has come in as the largest of US law firms by head count, according to the The National Law Journal. This is the third year in a row that Bakers has...
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Apr 27 2011
US firms are increasing their presence in China, with the top 250 US firms running 70 offices in China at the end of 2010. According to the National Law Journal, these...
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Apr 26 2011
The 250 largest law firms in the US reduced their lawyer headcount by about 3,000 lawyers last year, and has scaled back by about 9,500 lawyers since 2008, according...
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Mar 11 2011
Mishcon de Reya was the top law firm in The Sunday Times’ annual 100 Best Companies to Work For survey, beating other law firms rather convincingly. The firm came in...
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Feb 03 2011
DLA Piper is set to overtake Baker & McKenzie to become the largest law firm in the world by revenue and headcount when it merges with Australian law firm DLA Phillips...
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Nov 09 2010
The largest 250 law firms in the US have seen their lawyer headcount drop for the second consecutive year.
This year’s 1.1 per cent decrease in headcount...
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Oct 29 2010
Baker & McKenzie has been slapped with a $103 million malpractice verdict.
The Mississippi jury found for the plaintiff, S. Lavon Evans Jr, who claimed that the...
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Oct 26 2010
Allen & Overy affiliate Daniel Ginting Law Firm has boosted its Jakarta operation with hire of Harun Reksodiputro from Baker & McKenzie affiliated Hadiputrano,...
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Oct 04 2010
American Lawyer has published its “Global 100”, ranking the largest law firms by revenue. And this year, Baker & McKenzie have taken out the number 1 spot.
Baker &...
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Oct 01 2010
Baker & McKenzie is set to open a new office in Luxembourg, which will focus on funds advice for tax, corporate and finance related matters.
The firm has has...
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Aug 03 2010
Baker & McKenzie has agreed to pay $6.65m to compensate the bankruptcy estate of Coudert Brothers for profits Bakers earned from unfinished business that partners took...
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Aug 02 2010
Baker & McKenzie has agreed to pay $6.65 million to compensate the bankruptcy estate of Coudert Brothers for profits Baker earned from unfinished business that...
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Jul 20 2010
The Frankfurt antitrust practice at Baker & McKenzie will take a blow as a team of partners leave the firm to launch a new competition boutique called Commeo.
The...
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Jul 07 2010
Baker & McKenzie has appointed a new managing partner for Australian operations. Christopher Freeland was formerly a partner and chief operating officer at Gilbert +...
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Jun 25 2010
Trainee retention figures are trickling into the public domain, and Roll on Friday is keeping score. Top honours going to Baker & McKenzie, which kept on 20 out of 21...
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Jun 22 2010
Wong & Partners, the Malaysian arm of Baker & McKenzie’s global network, has appointed a new head of finance and projects. The firm has hired Mark Lim, formerly of...
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Jun 04 2010
US-based Baker & McKenzie has called upon a Brazilian energy lawyer to become the firm’s global chairman. Eduardo Leite is currently based in the Sao Paulo office,...
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May 24 2010
Abbot Healthcare signed a definitive agreement with Piramal Healthcare to acquire full ownership of Piramal's domestic formulations, which manufactures generic drugs,...
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May 20 2010
Baker & McKenzie has announced that Gary Senior has been elected for a third three-year term as managing partner of the firm’s London office.
Senior told Law...
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May 14 2010
Baker & McKenzie has announced the hire of partner Eric Borysewicz to the firm’s Paris-based Litigation and Arbitration group. Borysewicz has worked in litigation and...
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Mar 23 2010
Akin Gump Strauss Hauer & Feld and Baker & McKenzie have secured leading roles in the state-owned China National Offshore Oil Corp’s (CNOOC) $3.1bn investment in...
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Mar 22 2010
Barlow Lyde & Gilbert (BLG) regulatory partner Ian Mason has left the firm for a post at Baker & McKenzie.
Mason joined BLG in 2006, and his departure will strike...
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Mar 18 2010
Chinese state-owned energy company Cnooc is set to purchase a 50 per cent stake in Bridas Corporation, Argentina's second-largest oil producer. Bridas Corporation has...
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Mar 08 2010
Baker & McKenzie and Hunton & Williams have helped Thai National Power to reach a financial close on a new co-generation power plant in Thailand. Hunton & Williams...
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Jan 08 2010
Only 19 percent of partners at American law firms with more than 100 lawyers are women, despite the fact that women have comprised more than 50 percent of law school...
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Dec 11 2009
In 2009, many major US law firms have cut entry-level pay by $15,000 to $30,000 USD. Before the recession began, first-year associate salaries had risen to $160,000 in...
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Oct 25 2009
Baker & McKenzie London partner Beatriz Pessoa de Araujo has been elected to the firm’s international executive committee, freeing a space on the London management...
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Oct 14 2009
Baker & McKenzie, O'Melveny & Myers, Paul Hastings Janofksy & Walker and other U.S. firms have laid off lawyers in China in recent months.
PRC firms like King &...
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Oct 13 2009
Baker & McKenzie’s Zurich team represented Switzerland's Julius Baer on the buyout of the local business of Dutch bank ING for a total of 345m EUR.
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Oct 02 2009
After eight years, Clifford Chance lost its top spot as the world's largest law firm by revenue, according to data by Am Law Daily. Clifford Chance was replaced...
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Sep 17 2009
Shearman & Sterling and Baker & McKenzie took lead roles in the acquisition of a majority stake in the bankrupt Kentucky Fried Chicken supplier Pilgrim's Pride by...
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Aug 28 2009
This fall, law school grads are competing for half as many openings at big firms as they were last year in what is shaping up to be the most wrenching job search...
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Aug 17 2009
Baker & McKenzie's City office expects partner profits (PEP) to fall by 33.5% from $939,000 to $623,000.
Frmwide revenues dropped by 3% to $2.11bn, with PEP down by...
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Aug 11 2009
Clifford Chance has lost its No. 1 spot as the world's largest law firm by gross revenue to British rival Linklaters.
Freshfields Bruckhaus Deringer claimed the...
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Jun 29 2009
Rio Tinto is moving work away from its high-priced legal teams at Linklaters and Baker & McKenzie in favour of a more cost-effective team in India.
The move is...
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Jun 26 2009
Pharmaceutical giant Schering-Plough has added Allen & Overy, Lovells, Eversheds, DLA Piper and Baker & McKenzie to its roster of external legal advisers.
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Jun 05 2009
Clifford Chance may lose its spot as the world’s largest law firm by revenue to U.S. competitors because of the effect of the global financial crisis on the firm’s...
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May 30 2009
The collapse of automotive giant General Motors has handed roles to at least 15 law firms so far in one of the largest restructurings to date.
Clifford Chance (CC)...
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May 28 2009
Magna and Fiat are bidding for General Motors (GM)-owned Opel. Magna is being advised by Sullivan & Cromwell, Fiat by Gleiss Lutz and SZA Schilling Zutt & Anschütz....
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May 14 2009
21 fee earners, 28 secretarial staff and 21 support staff in the City will be cut as a result of a six-week redundancy consultation, which was first announced in March.
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Apr 20 2009
Reports exist that Baker & McKenzie has begun associate salary cuts of as much as 25%. According to these reports, the salary cuts are being carried out on an...
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Apr 07 2009
International firm Baker & McKenzie recently confirmed that the firm has eliminated a further 124 positions, including 38 lawyers. This is the second round of layoffs...
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Mar 13 2009
Baker & McKenzie, one of the world's biggest law firms, has launched a formal redundancy consultation that will see the loss of between 60 and 85 jobs in its London...
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Feb 26 2009
Baker & McKenzie has laid off eight staff members in its Kiev office, including three associates. Three associates were also made redundant in Baker's Moscow office....
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Feb 16 2009
US law firm Baker & McKenzie is expecting a stronger Asian demand for litigation and advice in areas such as restructuring, despite corporate business slowing in the...
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Jan 09 2009
Baker & McKenzie has become the latest firm to announce redundancies, with the firm cutting six of its New York associates as a result of the ongoing economic...
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Nov 24 2008
China's need for energy to feed its booming economy has seen a string of prominent law firms advise on one of the country's major projects, an US$11bn gas pipeline...
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