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Latest News

From this week's issue

Senior lawyers question law firm business model

Senior lawyers question law firm business model

05-Jan-2009

The economic crisis has caused partners to cast doubt on the fundamental business model of law firms, while associates are living in fear of losing their jobs, according to the largest survey of the UK legal profession.
more »

Glut of law firms to face actions for negligence

05-Jan-2009

Scores of law firms are in the firing line for professional negligence claims this year, The Law­yer’s annual top cases­ survey reveals.
more »

Bank lawyers face unhappy New Year

Bank lawyers face unhappy New Year

05-Jan-2009

In-house lawyers at London's major investment banks are bracing themselves for a fresh round of redundancies after seeing 10 per cent of legal staff at some banks losing their jobs.
more »

Feature

Litigation Focus: 2009’s top 10 court battles

5-January-2009

We may only be a few days into 2009, but it’s already shaping up to be a vintage year in the courts. Here’s our guide to the disputes making the biggest waves.

City

Top five UK law firms increase hold on M&A work as recession deepens

5-January-2009

Small and mid-size legal teams given short shrift as downturn prompts ‘flight to quality’.

SpecialReport

Iberia

5-January-2009

Iberian lawyers are hoping that having worked in a relatively flat market pre-economic downturn will mean a slower and less painful crash in 2009. In fact, as the first report from Portugal highlights, lawyers in Spain’s neighbour believe that the market recovery may leave them in a better position than before.

Back chat

Join the discussion on the vac scheme intern who alleges sexual harassment by a Shearman & Sterling associate. One reader says:

If he did touch her inappropriately as suggested she should have gone to the police. If he did not touch her it is harsh of S&S to sack him only for his poor judgment.

If retraining, guidance and support may have been more appropriate but I hear times are heard down there... saves on the redundancy I suppose."

Read on

Readers are also keenly discussing the recent round of redundancies at Cadwalader, Wickersham & Taft. One reader writes:

If "Cadwalader is a firm made up of very arrogant and successful guys. The firm had a 10:1 leverage on securitisations which were just flooding in. They really caught the wave on that trend. But things changed and I don't think they expected the market to die instead of dry up more gradually."


Join the debate

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