US firm Katten Muchin Rosenman has hired a DLA Piper corporate partner in Chicago to lead its China practice. Feng Xue joined Katten this week after two years at DLA Piper. He has previously worked with several other well-known firms in Shanghai, Beijing and Chicago including Altheimer & Gray and Bell Boyd and Lloyd, where […]
The US legal services industry has suffered the first significant year-on-year drop in employment in a decade. The most recent report from the US Bureau of Labour and Data Statistics, published today (Friday 7 November) shows that employment in the sector was down by 1.25 per cent in October 2008 compared with the same month […]
A&Only half way 7-November-2008Allen & Overy was the first magic circle firm to reveal its half-year figures today and revenues have stood up well despite the turmoil that has engulfed many of the firm’s clients. Allen & Overy was the first magic circle firm to reveal its half-year figures today and revenues have stood up […]
Staff at Trowers & Hamlins are worried about redundancies. This despite the fact that the firm hasn’t made any, and has no immediate plans to do so. However, real estate accounts for 40 per cent of the business, and Trowers lawyers are as aware as anybody of the wider economic conditions affecting that sector. To […]
Allen & Overy half-year turnover up 11 per cent” />Allen & Overy’s (A&O) half-year turnover increased by 11 per cent to £548m compared to the same period last year. The firm said that the results were buoyed by the impact of global market turmoil. Managing partner Wim Dejonghe (pictured) said: “Business is holding up for […]
Two days of frenetic networking and learning have come to an end, and it’s been a memorable time in Berlin. I haven’t had space to write about half of what’s been going on. So here’s a taste of what else was on offer. Adlon Hotel, Berlin, Friday afternon, 17:00 GMT Two days of frenetic networking […]
Before this whole Movember thing kicked off, I was a bit nervous about growing a moustache. It’s scary going into professional situations looking like a low-budget Groucho Marx. But far from being a barrier to social contact, the moustache is turning into a great ice-breaker. Just one day into The Lawyer Legal Summit and I’ve […]
Pinsent Masons turnover up 6 per cent at mid-year” />Pinsent Masons has reported growth of 6 per cent at the mid-point of the 2008-09 financial year. The firm turned over £105m, in contrast to £99m for the same period during 2007-08. Managing partner David Ryan (pictured) said: “The litigation and the Outsourcing, Technology and Commercial […]
CMS Cameron McKenna has proved it’s not the brightest spark in the legal market – after a student received an electric shock from its law fair giveaway. The firm has had to recall hundreds of the branded travel adapters it had produced for the law fair season after a Cambridge University student was “shocked” by […]
Former Cravath Swaine & Moore corporate partner John White is to return to the firm next year after a two-year stint at the Securities and Exchange Commission. White is currently the SEC’s director of the division of corporation finance. He first joined Cravath in 1975 and became a partner in 1980. Cravath presiding partner Evan […]
Nixon Peabody has hired more than 60 lawyers from former dissolved firm Thelen Reid Brown Raysman & Steiner. Nixon Peabody today confirmed it has hired more than 60 lawyers from former dissolved firm Thelen Reid Brown Raysman & Steiner. The US firm’s move will add between 60 and 90 former Thelen lawyers across its business, […]
Lawyers are welcoming a tide of new regulation when America’s president elect takes office, but what form will that regulation take? America was in party mood yesterday following the historic US presidential election victory of Senator Barack Obama. Late on Tuesday, much of the country was at an election night party which, in many cases, […]