Law News
Law news found and posted by the lawyrs community.
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Jun 01 2011
Midsize firms are proving to be an important resource to clients of all sizes. Clients are seeking cost effective yet excellent legal services and midsize firms have...
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Apr 08 2010
The Geneva office of Hogan & Hartson has abandoned ship ahead of the merger with Lovells, opting instead to join with US firm Akin Gump Strauss Hauer & Feld.
The...
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Mar 22 2010
A writ petition has been filed before the Madras HC by the Association of Indian Lawyers which not only deals with the entry of foreign law firms, but also raises...
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Oct 13 2008
City law firms reported unprecedented levels of activity in the last two weeks of September as financial institutions called on their legal advisers...
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Oct 10 2008
The Asian legal market is starting to feel the effects of the credit crunch with partners no longer viewing the region as safe from the effects of the global downturn...
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Sep 25 2008
The impact of the credit crunch finally hit Russian law firms. Capital markets practices are taking the biggest hit after the Russian Government was last week forced...
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Sep 25 2008
Lawyers from India are increasingly joining overseas law firms to represent cases involving Indian companies abroad. Firms such as Clifford Chance, Linklaters and...
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Sep 24 2008
Law firms in the South East and London have laid off more staff than those in any other region in England and Wales, with real estate departments bearing the brunt of...
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Sep 18 2008
The bankruptcy of Lehman Brothers and the announced acquisition of Merrill Lynch & Co. by Bank of America will produce a flurry of legal activity. But for most large...
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Sep 11 2008
The “vast majority" of the 17 law firms that responded to survey by the Recorder pay their associates lockstep compensation that begins at $160,000. The firms...
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Sep 10 2008
Yale Law Women Group released the results of its third annual survey on family-friendly firms. The list includes the following firms:
- Arnold & Porter
- Covington...
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Sep 08 2008
City law firms have drawn criticism for being excessively profit-driven and for lagging behind other employers in hiring and promoting women and ethnic minorities....
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Sep 03 2008
Revenue at the 100 largest U.K. law firms rose 6.3 percent in the quarter ended July 31 led by large firms with international legal networks. The top 10 London firms...
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Aug 29 2008
Representatives of 18 prominent Indian law firms will be in Britain on Sep 4 to explore the possibilities of forging partnerships with their British counterparts for...
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Aug 29 2008
Changes to the Legal Profession Act passed in Singapore's Parliament on Tuesday will now open up the hitherto protected legal sector to allow foreign firms more leeway...
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Aug 21 2008
Since 2001, the legal industry has been characterized by double-digit profit growth, strong demand, solid productivity and controlled expense growth. That all started...
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Aug 19 2008
As Chinese public companies migrate to the major IS stock exchanges from smaller trading venues, they're seeking increasingly sophisticated legal counsel and...
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Aug 19 2008
Global law majors, White & Case, Ropes & Gray, Ashurst Morris Crisp and Wilson Sonsini Goodrich & Rosati, are scouting for tie-ups with domestic law firms as a first...
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Aug 16 2008
US firm Dechert has been granted a licence to open an office in Beijing, its first in mainland China, the firm has said in a statement. So far this year, ten US firms...
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Aug 13 2008
http://www.workingmother.com/web?service=vpage/2907
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Aug 12 2008
"A look at the numbers shows the cuts are quite small -- so far" says Leigh Jones, National Law Journal.
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Aug 05 2008
Clifford Chance, the world's biggest law firm by revenue, opened a new office in Abu Dhabi earlier this week with 14 lawyers drawn from offices including London. The...
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Aug 01 2008
Attempts to open up the Indian legal market to foreign law firms look set for further delays as the country gears up for a general election.
Chris Wyman, head of...
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Jul 31 2008
Law firms including Mayer Brown, Howrey; Winston & Strawn; McDermott, Will & Emery; Chadbourne & Parke; and several more in recent months have welcomed back attorneys...
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Jul 31 2008
Over the past couple of months there has been the progressive build-up of outfits with big names that have been forced to admit that they were letting people go or...
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Jul 29 2008
Nearly 92 percent of 2007 law school graduates have jobs now, the highest reported figure in 20 years. And those who work at law firms are earning a median salary of...
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Jul 28 2008
Commercial law firm Brodies LLP, is closing the gap on Scotland’s big four in the industry, Dundas & Wilson, McGrigors, Maclay Murray Spens, and Shepherd and...
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Jul 25 2008
Global law firms are scrambling to strengthen their pan-Asian competition practices. Law firms expect a sharp rise in requests from multi-national corporations eager...
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Jul 25 2008
A career expert has some advice for law firms running summer associate programs: Spend less money on late-night parties and more on training and mentoring programs....
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Jul 22 2008
US firms are preparing their partners for sinking revenues as they take stock of their financial progress at the half-year stage.
Business has been far harder since...
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Jul 17 2008
The US’s top law firms have outperformed their key UK rivals, despite a year of robust growth from the UK’s leading practices.
UK top 50 firms achieved average...
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Jul 14 2008
As investment banks continue to announce widespread redundancies, the largest global law firms are turning in double-digit revenue increases despite the credit crunch...
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Jul 11 2008
Figures compiled by Legal Week and The American Lawyer show that three UK firms make it into the global top 10 by PEP — Slaughter and May, Linklaters and Freshfields...
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Jul 11 2008
Trainee solicitors are the highest paid graduates in the UK, according to a new survey.
The median starting salaries for trainee solicitors in 2008 is £36,500,...
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Jul 07 2008
In a reversal of trend, young lawyers, who earlier queued up to join the Legal Process Outsourcing (LPOs) outfits in search of fatter pack packets, are returning to...
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Jul 02 2008
A new breed of small firms is landing blue-chip clients and, in the process, making money. The newcomers aim to provide highly qualified lawyers, often working on...
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Jul 01 2008
Nossaman Guthner Knox & Elliott LLP is merging with O'Connor & Hannan LLP.
O'Connor & Hannan LLP, a D.C.-based firm with 23 attorneys and lobbyists at 1666 K St....
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Jun 30 2008
Troutman Sanders, a 650-lawyer firm started in 1897, announced last week that it is merging with Ross, Dixon & Bell, a Washington-based firm with 100 lawyers. So far...
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Jun 24 2008
Howard Kennedy has become the latest UK law firm to fall victim to the credit crunch with the launch of a redundancy program threatening up to 50 jobs.
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Jun 18 2008
The UK legal market is set for a radical shakeup with over 100 law firms expected to attempt a merger or acquisition in the next 12 months, experts predict.
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Jun 15 2008
Law firms Cliffe Dekker and Hofmeyr Herbstein & Gihwala announced plans yesterday to enter into a merger to rival their large competitors Edward Nathan Sonnenbergs,...
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Jun 14 2008
Some of the UK’s largest City firms have released their trainee retention rates for the September 2008 intake, with the majority offering places to fewer than 90% of...
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Jun 11 2008
At the recent Corporate Law Association of New Zealand conference, a full ranking of 14 of New Zealand’s largest law firms provided a ‘performance list. Top billing...
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Jun 07 2008
The U.S. legal service sector lost 1,100 jobs in May, according to U.S. Department of Labor statistics released Friday.
Layoffs at large firms, along with...
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Jun 05 2008
As one law firm leader put it, 2008 is a good time to look at current staffing issues, and that has resulted in a few firms shedding either staff or associates....
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May 26 2008
Junior solicitors at the City's biggest firms face almost nine years of hard slog before being promoted, new research shows.
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May 25 2008
RollOnFriday has published a list of the latest law firm results:
Firm --- Turnover --- % increase on 06/07
Field Fisher Waterhouse --- £88m --- 30%
Norton...
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May 22 2008
Several law firms have posted robust financial results for 2007-08, with Lovells, SJ Berwin and Eversheds among those announcing double-digit hikes in revenues. The...
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May 21 2008
A few large law firms have been arranging secondments -- short-term contracts under which companies "borrow" an outside lawyer for a few weeks to a year or more -- for...
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May 17 2008
India has the second largest number of lawyers after only the US. There has been mounting pressure on the Indian government from other governments, particularly of the...
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May 17 2008
Australian law firm Mallesons Stephen Jaques has opened its third office in China and now has 130 lawyers in China working from offices in Beijing, Hong Kong and now...
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May 17 2008
Akerman Senterfitt is close to consummating a merger with a 300-lawyer Philadelphia-based firm that would broaden its national platform, according to sources familiar...
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May 16 2008
During the dot-com boom, large national law firms started setting up shop in Palo Alto. But even after the boom went bust, the firms continued to flock there,...
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May 14 2008
This year’s biglaw summer associates may face a shortage of client work. This year, with the slowdown in transactions, some firms like WilmerHale and Latham expect to...
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May 14 2008
The placement period at the National Law School of India University in Bangalore won't end for another month. But the batch of 80 students in the final year have...
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May 12 2008
Cotty Vivant Marchisio & Lauzeral is the only foreign firm to have confirmed an interest in applying for a Qualifying Foreign Law Firm (QFLF) licence in Singapore....
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May 12 2008
Will the credit crunch force law firms to put a break on recuitment? Aspirant lawyers should not despair. According to David Davies, careers consultant at BPP law...
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May 05 2008
The Indian Advocates Act of 1961 prevents foreign firms from doing business in the country. The wall went up in the 1990s when Ashurst, a British firm, along with...
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May 02 2008
Global law firm K&L Gates and Charlotte-based Kennedy Covington, which have been engaged in merger discussions for months, are far enough along in those talks that...
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May 02 2008
The American Lawyer reported today that two law firms, Skadden, Arps and Latham & Watkins, broke the industry’s $2 billion gross revenue barrier for the first time. It...
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May 02 2008
Legalweek reports that DLA Piper, Lovells, Ashurst, Herbert Smith and Norton Rose are planning to apply for licences to provide local-law advice in Singapore.
The...
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Apr 28 2008
The Law Society of Scotland is asking members to back proposals to enable external investors such as banks, accountants and venture capitalists to buy shares in...
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Apr 28 2008
Why pay a lawyer at a North American firm $250 an hour or more, when you can pay an Indian lawyer $50 an hour to do the same work? Legal process outsourcers (LPOs) are...
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Apr 28 2008
Herbert Smith, a London-based law firm with over 1,200 lawyers in branches world-wide, has established a formal and exclusive association in Saudi Arabia with the Al...
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Apr 25 2008
Takayasu Koga has joined Bingham’s Tokyo office as a securities partner.
Koga was previously the assistant director in charge of inspections at Japan’s Securities...
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Apr 25 2008
Global law firms see India as one of the last untouched goldmines of the international legal scene. It has a booming economy, a strong legal system and a deep well of...
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Apr 23 2008
Columbia Law School in New York City and Northwestern Law School in Chicago are the most frequently recruited schools by the nation’s largest law firms, which offer...
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Apr 23 2008
A report from a leading association of black lawyers gives 18 of big law firms poor to failing grades on their representation of minority attorneys locally.
Holland...
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Apr 22 2008
So after just the seven years of claims that he is leaving White & Case, Maurice Allen finally confirmed last month that he is to head for Freshfields Bruckhaus...
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Apr 21 2008
For the last 15 years the United Kingdom's Herbert Smith has been one of the few international firms in London without a managing partner. That ended last week when...
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Apr 20 2008
DLA Piper is to formally launch in Abu Dhabi later this month, with projects and finance partner Stephen Webb -- currently based at the firm's Dubai office --...
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Apr 19 2008
What is 66 years of attorney time worth?
On April 8 Philadelphia federal district court judge Harvey Bartle III came up with an answer in the gargantuan fen-phen...
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Apr 19 2008
As the credit crisis drove first-quarter U.S. mergers and acquisitions down 54 percent to $248.1 billion from $536.3 billion last year, deal volume in Asia, Latin...
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Apr 19 2008
As more money flows into green technologies, law firms have increasingly adopted clean tech practice groups dedicated to guiding emerging companies and venture capital...
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Apr 15 2008
The run-up to partnership is one of the most stressful periods of a lawyer's career. One ambitious young associate, when approaching his second bite at the partnership...
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Apr 13 2008
A bigger percentage of students graduating from top law schools in 2007 took jobs at National Law Journal (NLJ) 250 law firms than those graduating in 2006....
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Apr 11 2008
Many law firms and corporate legal departments expect to hire additional lawyers in the next 12 months, a new survey shows. Forty-five per cent of lawyers polled said...
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Apr 11 2008
London law firms are under growing client pressure to promote more women and people from ethnic and other minorities, according to the new head of one of the largest...
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Apr 09 2008
Law firms to date are some way behind other professions at encouraging diversity. The accounting firms, for one, have had women’s networks for years. But Honeywood is...
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Apr 08 2008
A full-blown salary war has erupted in India in response to increased local and international competition for talent, resulting in pay increases of more than 50 per...
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Apr 07 2008
Structured finance, which includes work related to the full spectrum of mortgage-backed securities, is the acknowledged ground zero of the current credit crisis, and...
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Apr 07 2008
Lawyers seeking work in the Middle East, attracted by monstrous salaries and exciting work prospects, need to also carefully research the firms they plan to work for....
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Apr 05 2008
Five lawyers in Beijing and Hong Kong have been added to Fulbright’s Asian presence as the international firm continues enhancing its strategic network of global...
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Apr 05 2008
Investment banking fees for Q1 of 2008 in Asia have dropped by 5.4% on the corresponding period last year, according to a study by Thomson Financial. Fees in Southeast...
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Apr 01 2008
The year's partnership promotions round is shaping up to be the best ever for female lawyers in the UK, The Lawyer reports.
Of the first 10 firms to announce their...
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Apr 01 2008
Law firms are having mixed success in dismissing a growing number of high-dollar malpractice and fraud claims brought over failed corporate deals.
In the past few...
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Apr 01 2008
More than 160 years after the discovery of a few gold nuggets turned San Francisco into a boomtown, a different type of gold rush is underway 13,000 miles east in the...
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Apr 01 2008
Law firms feature heavily in a survey of the best professional services firms to work for, but only two reached the top 20.
The report, by the Managing Partners'...
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Mar 29 2008
If Daniel Hurstel's schedule on Thursday, March 27, was anything to go by, the Paris legal market is in decent health. The head of Willkie Farr & Gallagher's office...
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Mar 27 2008
Until recently, it was usually a one-way trip from law firms to in-house counsel, but increasingly lawyers are finding that careers can go full circle.
The reasons...
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Mar 25 2008
2007 was the best year yet for the nation's largest law firms. The top 50 U.S. firms generated a total of $46.6 billion in revenue in 2007, a 16 percent increase over...
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Mar 23 2008
Brazilian law firms specializing in mergers and acquisitions may hire 15 percent to 20 percent more lawyers in 2008 to deal with a wave of corporate takeovers, said...
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Mar 23 2008
These may still be early days for foreign law firms to set foot in India, but they sure are shaking up the legal fraternity here. Top foreign law firms like Clifford...
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Mar 18 2008
Law firms made a dramatic impact in this year's Sunday Times 100 Best Companies To Work For, with no less than twelve of them making the grade.
Manchester-based...
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Mar 15 2008
The 50 highest-grossing lobbying practices in the country passed the $1 billion revenue mark for the first time last year, thanks in part to strong growth in work...
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Mar 12 2008
For the second year in a row, 460-lawyer Chicago firm Jenner & Block has axed equity partners. At least 10 partners have been told to give up their equity and some...
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Mar 12 2008
Eleven per cent of The Times top 100 companies to work for in 2008 are law firms, four more than were on last year's list...
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Mar 10 2008
In a new study by Superbrands, Linklaters appears as the highest law firm on the list of best brands at 259. Clifford Chance is ranked at 296 and national firm...
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Mar 10 2008
The UK’s top 100 law firms have continued to grow despite signs that the economic downturn is beginning to have an impact, according to the figures from Deloitte....
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Mar 07 2008
The proportion of female partners at UK law firms rose by more than 5% between 2006 and 2007, according to new research, although women still represent less than a...
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