Law News

Add news

Search results for tag "Demand"

• UK firms should cut 5000 solicitor jobs, says report

  Mar 21 2012 A new report from the Royal Bank of Scotland claims that the UK legal market is suffering from substantial over-capacity, and is currently carrying over 5,000 excess... more

• US firm Holland & Knight to launch in Columbia

  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... more

• 2012 may be more challenging than 2009, says legal industry advisory

  Feb 20 2012 The new client advisory from Citi Private Bank’s Law Firm Group and the Hildebrandt Institute has some disheartening news for the legal sector: “Unfortunately, the... more

• Law firms remain cautious in recruitment despite recovery

  Feb 01 2012 This article in the Wall Street Journal points out that law firms are finally starting to recover from the recession, but that the returning good fortune is not being... more

• Herbert Smith's bank borrowings reach £70.9m

  Jan 26 2012 Bank borrowings at Herbert Smith grew from £59.5m to £70.9m in 2010-11, bringing total debt back up to near 2008-09 levels, the firm’s LLP accounts have revealed.... more

• Energy lawyers in high demand in Washington DC

  Nov 24 2011 Energy lawyers are in high demand in Washington DC as the energy market continues to see high activity. This article surveys the major lateral moves in this practice... more

• Allen & Overy reports 11% revenue growth

  Nov 10 2011 Allen & Overy has posted an 11% increase in revenue in the first half of the year, after investing in key international markets. The firm saw revenues of £582m between... more

• Olswang halves trainee program

  Nov 04 2011 Olswang has announced that it has cut its graduate program in half because of decreased client demand. In 2014 and 2015 the firm will take on just 12 graduates,... more

• Baker & McKenzie establishes presence in Turkey with local alliance

  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 &... more

• Allens reduces trainee intake by 25%

  Jun 13 2011 RollOnFriday has reported that Allen & Overy has reduced its trainee intake by 25 per cent since the peak in 2008. In 2008 the firm took on 120 trainees a year,... more

• Beyond the crisis - what does the future hold for biglaw?

  May 06 2011 After sustained growth for a period of twelve years, the last three years have seen the legal markets in decline around the world. Work in mergers and acquisitions has... more

• Irish firm McGrigors to launch in Doha

  Mar 17 2011 Irish firm McGrigors has been granted a licence to establish a branch office in Doha, Qatar by the Qatar Financial Centre Authority.The Dohar office will be led by... more

• With flat demand and revenue, how do we account for 2010?

  Mar 11 2011 Law firm profits and lawyer productivity were strong in 2010 compared to a poor showing in 2009. But it is too soon to celebrate, says this article on the AM Law... more

• 2011: a good year for deal advisors in Asia-Pacific region

  Mar 09 2011 The Asia Pacific region is showing strong activity capital markets issuance and M&A, with deals hitting a high of US$84.9bn in Jan 2011. Singapore M&A partner at... more

• Things are looking up: demand for legal services increases in the US

  Jan 31 2011 Demand for legal services in the US increased in the fourth quarter of 2010 for the first time in more than two years, according to a report by Hildebrandt Baker... more

• Taking the shears to equity partnerships in 2011

  Jan 19 2011 2011 will be another slow year for law firms, according to the 2011 Client Advisory released by consultants at Hildebrandt Baker Robbins and the Citi Private Bank... more

• The future of associate pay

  Nov 03 2010 Before the recession, graduate starting salaries grew at a rate that considerably outstripped inflation. When the demand for legal services dropped, law firms moved to... more