I’d really no business to be going to the Shard for dinner on a Sunday night after a birthday weekend of sheer piggery in Paris But because it was my actual birthday on the Sunday night, an event which, obviously, I no longer regard as something to celebrate, I could justify yet another big meal […]
We predict you’ll like this. Or at least you’re going to find it stimulating. Today’s issue of The Lawyer, our first back after the fabulous summer, is largely dedicated to a series of bold predictions about the future look, shape and feel of the legal market. And no, we haven’t just plucked them out of […]
We predict you’ll like this. Or at least you’re going to find it stimulating. Today’s issue of The Lawyer, our first back after the fabulous summer, is largely dedicated to a series of bold predictions about the future look, shape and feel of the legal market. And no, we haven’t just plucked them out of […]
Co-op Legal Services (CLS) might have succeeded in being the first non-lawyer outfit to be granted an ABS licence but that doesn’t make its latest financial results any prettier. As its most recent financial results reveal, CLS has generated losses of £3.4m for the first half of 2013. The Co-operative Group subsidiary puts this down […]
Co-op Legal Services (CLS) might have succeeded in being the first non-lawyer outfit to be granted an ABS licence but that doesn’t make its latest financial results any prettier. As its most recent financial results reveal, CLS has generated losses of £3.4m for the first half of 2013. The Co-operative Group subsidiary puts this down […]
If you think you’re having a bad day, spare a thought for JP Morgan. The bank has been pounded by regulatory headaches in recent years, with legal woes ranging from a $6bn (£3.9bn) “London Whale” trading loss to a bribery investigation into claims it hired the children of high-level Chinese officials to gain clients. (We […]
Next week The Lawyer will unveil its predictions issue, a wide-ranging punt on what the market will look like in five and 10 years time. The consensus that is emerging is that in a decade the top end of the market will feature an identifiable band of global firms with clear strategic positioning and a […]
After several weeks of speculation the sale of troubled Midlands firm Challinors has finally completed, with parts the embattled business sold off to no fewer than 14 firms. Coincidentally this is also the number of partners at Challinors, although not every buyer has picked up a partner. Among those to pounce on a piece of […]
It’s sunny days for trainees at two American firms this week. Latham & Watkins is keeping on 13 of 14 autumn qualifiers, while all five members of Ropes & Gray’s first-ever intake are staying on NQs – a happy ending for some of the Dewey & LeBoeuf trainees who were cast adrift when that firm […]
It’s a year to the day since Dewey & LeBoeuf filed for bankruptcy in the US and administration in the UK. The dust seems to be settling, but the whole debacle points to the massive change in the nature and appearance of the legal industry in recent years. Few revolutions in the profession have been […]
Even taking a quick look at the Russian-language version of Twitter could be time well spent, say Heidi Smith and Anna Caddick Russia and the CIS are brimming with information sources that English lawyers are currently ignoring. Odnoklassniki, Vkontakte and Moi Mir attract very high percentages of Russian online users while the Russian-language interfaces of […]
CMS is on target for a marginal increase in turnover in 2012/13 despite what UK managing partner Duncan Weston termed a “flat first six months”. Although CMS does not disclose half-year figures, Weston said the CMS network had seen no movement on its combined 2011/12 revenue figure of £691.9m over the first six months of […]