Gide turnover slumps below €200m for 2011 By Joanne Harris 12 September 2012 13:42 17 December 2015 12:28 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Miguel 12 September 2012 at 16:07 Hilarious and not entirely unforeseeable. Reply Link Maggie 12 September 2012 at 16:18 “focusing on improving client relationship and on it’s staff”…. Gide has not got any. Reply Link Anonymous 12 September 2012 at 16:31 @Maggie: Gide has not got any what? Clients or staff? It has both, but I think the key is that it has fewer of both than it did at one time … Reply Link Anonymous 13 September 2012 at 03:43 It’s 2012 and this hapless firm has only just realized it needs to evolve….a Dewey waiting to happen. Reply Link Anonymous 13 September 2012 at 12:19 @Anonymous 3:43am – seriously, don’t you have anything better to do?!? Reply Link Anonymous 13 September 2012 at 16:18 @Anonymous 12.19pm – actually, I’ve already met my monthly billable target so got loadsa time to burn but to paraphrase Kaffee’s retort (to Jessep in A Few Good Men), “You can’t handle the truth!”. Reply Link Jessep 17 September 2012 at 07:13 (1) Gide has a number of excellent lawyers but its management and organization is abysmal and it has no long-term plan whatsoever. – It purports to be an international firm, but It is run by essentially 5 guys in Paris who have never spent any substantial time abroad. – It likes to think of itself as a finance firm, but it has never had anything more than an embryonic presence in London and New York. Reply Link Jessep 17 September 2012 at 07:14 (2) – It has a rigid lockstep and has always lost (and continues to lose) its best talents to MC and Wall Street firms. – It has attempted to expand globally, but, unlike its London or US competitors, its home market is not profitable enough to sustain aggressive growth outside its home base. – It is also deeply affected by rampant bickering, inter-practice and inter-office feuds, opaque decision-making, constant power plays and partner hatred. Overall, its future is not bright — at least as an independent firm. My own two cents is that it can either go back to being a mid-size European firm focusing on a few key markets, or merge with a global giant. In the short run, however, expansion is stalled and revenues and profits are down; and the exodus will most likely continue. Reply Link Porte Etroite 17 September 2012 at 11:39 sounds like there are a few Immoralistes there. Reply Link Andre 17 September 2012 at 17:55 Jessep is well right on the money here with his astute observations of Gide’s Allo Allo style to international law. Porte Etroite should take note: “Knowing how to free oneself is nothing; the difficult thing is knowing how to live with that freedom”- this is the ultimate lesson” Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.