Law News
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Yesterday
RollonFriday reports on rumours that Australian firm Freehills and UK firm Herbert Smith are preparing to put the question of a merger to their respective partnerships...
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Yesterday
Field Fisher Waterhouse is in the early stages of merger negotiations with LG. No deal has yet been put to partners, and FFW says that the merger is just one of...
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May 18 2012
This article gives an account of an interview in DealBook with Martin Bienenstock and L. Charles Landgraf, both of whom served as the ‘office of the Chairman’ at Dewey...
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May 17 2012
Clifford Chance is attempting to change its own rules regarding the removal of underperforming partners. Under the current system, an under-performing partner will be...
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May 16 2012
Taylor Wessing has overhauled its management structure in an effort to introduce younger partners into the firm’s leadership.
The firm’s trademark, copyright and...
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May 15 2012
As the partnership of Dewey & Lebouef’s partnership scatters across the legal services market, one senior partner has made an audacious claim against the firm,...
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May 10 2012
Winston & Strawn has scooped up 24 litigation partners from ailing law firm Dewey & LeBouef, taking on a group of around 60 lawyers in total. Among the transferring...
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May 09 2012
DLA Piper has promoted seven lawyers to the partnership across the Asia-Pacific region, and has elevated six lawyers to special counsel.
The details of the...
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May 07 2012
The most expensive US lawyers are becoming even more costly, while the cheapest are barely keeping up with inflation, according to this story published in the Wall...
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May 04 2012
The Am Law Daily has released figures that give a snapshot of the legal services industry over the past year. The top 100 firms saw single digit growth in gross...
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May 03 2012
Indian firm KS Partners has expanded its insurance practice with the hire of two partners from Tuli & Co. Mrinal Ojha and Trinath Tadakamalla joined the Delhi office...
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May 01 2012
Speculation about the timing and amount of spring bonuses continues, after Sullivan & Cromwell’s announced relatively small bonus awards of between $1000 and $5000, or...
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Apr 26 2012
Amarchand & Mangaldas & Suresh A. Shroff is set to launch a new office in Ahmedabad as part of a regional expansion strategy that would see the firm reach 1000...
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Apr 11 2012
US firm Dewey & LeBoeuf has not yet managed to stem the flow of departing partners, with another two announcing their intention to leave the firm’s London office....
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Apr 06 2012
The senior partner at Shearman & Sterling, Rohan Weerasinghe, has announced that he is leaving the firm to take up a role as the general counsel at Citigroup....
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Apr 06 2012
Rumour has it that Allen & Overy is considering a substantial pay rise for lawyers. The firm is apparently in the midst of discussions on the pay issue, which should...
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Apr 06 2012
New York law firm Dewey & LeBoeuf has seen six more partners and one of counsel resign this week, bringing the number of partner departures this year to 46, out of the...
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Apr 04 2012
Troubled US firm Dewey & LeBoeuf has confirmed that it is in discussions with its bankers concerning the large debt that stands on the firm’s accounts.
The firm’s...
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Mar 29 2012
A new report indicates that large law firms in Toronto are falling behind in diversity statistics.
According to the DiversityLeads 2012 report, compiled by Ryerson...
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Mar 26 2012
There is surely some hand wringing going on in firm management at Dewey & LeBoeuf, as six more partners announce that they are leaving the firm.
The departing...
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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 22 2012
Sullivan & Cromwell lawyers are waiting for an announcement from the firm on the issue of spring bonuses, having been promised in December of 2011 that bonuses would...
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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...
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Mar 16 2012
US law firms grew their partner count in London by nearly 10% during 2011, evidence that they are gaining a larger slice of the European legal services market....
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Mar 14 2012
Clifford Chance has announced the formation of a US Financial Services Regulatory Group, calling on the talents of eight partners from three practice groups. The group...
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Mar 14 2012
King & Spalding has boosted its London disputes practice with the hire of two litigation partners from Bird & Bird.
Jane Player leaves a role as the joint head of...
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Mar 12 2012
British firm Watson, Farley & Williams has launched a presence in Hong Kong after concluding the terms of an alliance with local firm Lau, Leong & Co. The new officee...
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Mar 08 2012
Mumbai-based firm Nasikwala Law Office has hired former Juris Corp partner Freddy R. Daruwala. Daruwala will join the firm as an equity partner to head the firm's...
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Mar 08 2012
The lateral hiring market is booming, with large law firms eagerly scooping up talent in the hope that it is followed by a solid book of business.
The AM Law Daily...
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Mar 01 2012
Clifford Chance has elected two new partners to its partnership council, elevating Italy banking head Giuseppe De Palma and Dubai banking partner Robin Abraham to...
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Feb 27 2012
UK firm DWF is set to make some redundancies after the proposed merger with Cobbetts fell through three weeks ago, through RollOnFriday points out that the firm would...
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Feb 22 2012
Chapman and Cutler is set to launch in Washington DC after hiring a six-partner finance team from Orrick, Herrington & Sutcliffe.
Chief executive partner Tim Mohan...
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Feb 14 2012
A Roll On Friday survey on work-life balance at UK law firms has put smaller firms at the top of the ranking, with Ince & Co taking the number one spot. One member of...
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Feb 14 2012
Indian firms FoxMandal and Little have ended their five-year old alliance, de-merging with a settlement agreement after internal conflicts between the partners led to...
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Feb 08 2012
Baker Botts has elected Andrew M. Baker as the firm’s managing partner. Baker will succeed Walter J. Smith, who has served in the role since March 2002.
Baker said:...
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Feb 08 2012
The profit pool at SNR Denton dropped from £37.9 million to £22.5 million in 2010-11. Turnover in the same period fell from £166.1 million to £152.5 million. The firm...
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Feb 07 2012
London firm Pinsent Masons and Scottish firm McGrigors have announced a formal agreement to merge. The combined firm will operate under the banner of Pinsent Masons...
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Feb 06 2012
Leading Canadian firm Blake, Cassels & Graydon has promoted 13 associates to the partnership.
“I am pleased to announce our latest group of partners,” said Rob...
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Feb 03 2012
The lateral market is heating up, as law firms reduce their graduate recruitment and seek to expand by hiring partners with established client lists from other law...
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Feb 02 2012
Mayer Brown has increased its revenue by 2.4 per cent – after two years of falling revenues. The figures will be some relief for the firm after dropping 14 per cent in...
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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...
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Jan 30 2012
Swedish independent law firm Vinge has appointed finance partner Maria-Pia Hope as its new managing partner after being chosen for the role by the firm’s five-partner...
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Jan 27 2012
Merger agreements are providing law firms with a convenient way to get rid of underperforming partners, says Legal recruiter Larry Watanabe of Watanabe & Nason....
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Jan 23 2012
6.2 per cent of lawyers at big firms work part time, according to a new survey released by NALP.
In 2011 98 per cent of large law firms allowed part-time schedules,...
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Jan 18 2012
The latest round of law firm promotions in Washington reveal that the region’s largest firms are focusing on litigation — particularly intellectual property — and...
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Jan 18 2012
UK firms DWF and Cobbetts have finally announced their plans to merge in May, after unconfirmed reports circulated about the tie-up since November, when the domain...
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Jan 16 2012
Rumour has it that seven associates have resigned from Berwin Leighton Paisner's Banking and Capital Markets group in the last week. According to Roll On Friday a...
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Dec 21 2011
Reed Smith has lost three partners from its Hong Kong office. The trio of partners - litigation veteran and former senior partner Chris Howse along with partners Kevin...
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Dec 19 2011
US workplace anti-discrimination laws generally apply to employees, while leaving partners to fend for themselves. But a new decision handed down by the New York...
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Dec 18 2011
US firm Mayer Brown is set to lose five partners from its London office in the coming weeks.
Mayer Brown's London co-head of capital markets Stephanie Bates is...
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Dec 08 2011
Clifford Chance is exploring an alliance with Chinese firm Broad & Bright. Broad & Bright has 20 partners, 40 associates, and is one of China’s fastest growing firms,...
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Dec 06 2011
Proskauer Rose has announced that it will match the bonus scale set by Cravath Swaine & Moore. The level of these bonuses is considered to be down the lower end of the...
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Dec 05 2011
O'Melveny & Myers is set to gain new leadership with the appointment of Bradley Butwin as chairman. Butwin is looking on the bright side, portraying the departure of...
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Dec 03 2011
The top earning partner at Linklaters took home £2.2m in the last financial year, according to accounts just published by the firm. According to RollOnFriday the sum...
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Dec 03 2011
US firm White & Case has promoted 21 lawyers to the partnership in its annual promotions round. All promotions are effective as of 1 January 2012.
London managing...
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Nov 26 2011
The Am Law Daily has hosted a conference for new partners in large law firms. In order to prepare for the conference the publication conducted a survey of about 5,600...
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Nov 24 2011
Herbert Smith has appointed litigation specialist Gavin Lewis as the new head of their Asia dispute resolution practice. Lewis takes over from Mark Johnson, who has...
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Nov 23 2011
Australian firm Mallesons Stephen Jaques and Chinese firm King & Wood are set to put their merger proposal to partners this week. If it goes ahead, the merged firm...
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Nov 16 2011
Jenner & Block has given a significant boost to its Los Angeles office and media and entertainment practice with the hire of six partners from Hogan Lovells. The...
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Nov 15 2011
A list of the best workplaces to work in Chicago has included two law firms: Sidley Austin and Perkins Coie. The list was published by The Chicago Tribune, and was...
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Nov 08 2011
Watson Burton has lost four partners this week, continuing a steady run of departures over the past two years. RollOnFriday reports that the firm had 29 partners last...
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Nov 04 2011
Top UK firms are taking the shears to their equity partnerships, according to a new survey by professional services firm Smith & Williamson. Of the 20 firms in the UK...
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Nov 02 2011
Taylor Wessing’s Singapore alliance firm RHT has boosted its litigation and dispute resolution practices with the hire of two partners from rival Singaporean firms....
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Nov 01 2011
A group of up to 20 lawyers is set to depart from Willkie Farr & Gallagher to move in house at one of the firm’s biggest clients - Bloomberg L.P. The group is led by...
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Oct 19 2011
Veteran partner Peter P. Mullen of the New York law firm of Skadden, Arps, Slate, Meagher & Flom has died at the age of 83. Mullen joined the firm in 1961, when it...
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Oct 17 2011
A group of former partners from defunct firm Halliwells are preparing to intiate proceedings against equity partners regarding decisions that were made immediately...
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Oct 14 2011
There is an interesting article here at Above the Law that gives some insight into the annual review process at Skadden, Arps, Slate, Meagher & Flom. The report...
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Oct 10 2011
Merger talks have collapsed between Edinburgh-based Dundas & Wilson and London firm Bircham Dyson Bell. According to this article in The Lawyer magazine, the...
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Sep 30 2011
Norton Rose has announced an overhaul of its remuneration system, modifying the lockstep to take greater account of merit.
The lockstep system currently runs from...
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Sep 28 2011
ThomsonReuters reports that a first year associate has said that New York firm Kasowitz Benson Torres & Friedman was "extraordinarily vindictive" for firing him after...
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Sep 27 2011
British firm Ashurst has announced plans to form an alliance with one of Australia's biggest law firms, Blake Dawson. The firms will merge their Asian practices in...
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Sep 19 2011
Berwin Leighton Paisner is set to make a strong entry into the German legal services market with the opening of two new offices – one in Berlin and one in Frankfurt....
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Sep 15 2011
The merger deal between Barlow Lyde & Gilbert and Clyde & Co includes financial penalties for any Barlows equity partners that leave the combined firm any time in the...
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Sep 15 2011
Salans has hired three partners across its France and Germany practices.
The firm raided Bird & Bird for talent, scooping up the co-head of the firm’s French IP...
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Sep 08 2011
The corporate department at Herbert Smith may face layoffs after its budget target by £20m last year. Some reports suggest the firm is preparing to axe 15 to 20...
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Aug 29 2011
Norton Rose has boosted its Sydney partnership with the hire of four partners.
Funds partner John Moutsopoulos, the former head of Clayton Utz's financial services...
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Aug 15 2011
Kirkland & Ellis has been on a lateral hiring spree in Hong Kong, scooping up eight partners from rival firms: two from Allen & Overy, three from Latham & Watkins, and...
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Aug 12 2011
Law schools have been putting pressure on US law firms to begin recruitment in August, months ahead of the regular schedule, in order to give the edge to their...
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Aug 10 2011
Professor Ted Seto of Loyola Law School in Los Angeles has surveyed the largest 250 law firms in the US to ascertain which law schools produce the most partners. The...
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Aug 08 2011
An internal document from Ashurst has revealed the list of partners’ equity points over the last two years, showing that multiple partners were demoted down the...
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Aug 04 2011
Singapore-based firm KhattarWong has lost around 105 staff and lawyers in a mass departure led by managing partner Tan Chong Huat. The departing group – which includes...
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Jul 26 2011
Newcastle-based firm Watson Burton has announced further redundancies – with four jobs set to be eliminated.
Last year the firm reported poor financial results...
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Jul 18 2011
UK firm Manches has announced that a redundancy process is underway, though the firm will not reveal how many staff will be affected.
A spokesman for the firm...
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Jul 04 2011
Three partners have thrown their hats into the ring as Linklaters prepares to elect a new global head of banking to succeed Robert Elliott when his tenure ends in...
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Jun 27 2011
Duane Morris is set to establish a presence in Mexico City after concluding an alliance deal with local firm Miranda & Estavillo.
The deal will see the firms...
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Jun 24 2011
There is an interesting article in the ABA Journal about how the 80th birthday of Martin Lipton - a founder, rainmaker and mergers partner at Wachtell, Lipton, Rosen &...
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Jun 23 2011
Addleshaw Goddard has appointed four partners to its new unitary board, which was created recently to streamline the management of the firm by combining the governance...
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Jun 21 2011
Holman Fenwick & Willan has boosted its Asia Pacific practice – following the launch of a new office in Perth – by relocating a number of partners.
Shanghai lead...
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Jun 17 2011
The administrator of failed firm Halliwells has called upon former partners repay money received as part of a reverse premium deal with a Manchester landlord.
32...
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Jun 06 2011
RollOnFriday has reported that almost a third of the lawyers in Allen & Overy's Moscow office have departed the firm in the last year, including four partners, five...
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May 30 2011
The number of partner promotions in the UK’s 50 largest firms rose by 38 per cent this year, according to a report in Legal Week.
The 2011 promotions round saw 495...
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May 12 2011
After spending 18 years litigating legal bills for insurance companies, David Paige has a finely tuned sensibility for finding questionable legal charges. And now he...
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Apr 06 2011
Winston & Strawn managing partner Tom Fitzgerald says that conflicts of interest thwarted the firm’s plan to hire 140 partners from the failing Howrey.
At final...
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Apr 01 2011
All three of Ashurst's London-based US Securities partners are leaving the firm. Daniel Bushner, Eric Stuart and Marie Elena Angulo are departinging Ashurst and are...
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Mar 24 2011
Most commentators say that Howrey failed as a result of a quick expansion and partner dissatisfaction arising from a combination of fluctuating profits and a lack of...
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Mar 22 2011
Lateral hiring in the US increased by 38 per cent to 2,300 hires last year, after two years of declining activity on the lateral market. Lateral hires of associates...
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Mar 16 2011
Consultant firm Motive Legal has produced a report that tracks the movement of partners hired in the UK over the last five years, tracking 1,944 lateral moves. The...
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Mar 15 2011
The chief executive of Shepherd and Wedderburn, Patrick Andrews, say that he is amazed by the number of approaches that he has received from senior lawyers who are...
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Mar 09 2011
This is an interesting article about the plight of associates that find themselves in a failing law firm.
The article looks back to the period from late 2008...
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Mar 02 2011
Latham & Watkins’s Chicago office has hired three partners from Kirkland & Ellis. Real Estate partners Robert Buday, Nathaniel Marrs and Gary Axelrod made the move...
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