The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
It’s started. The slow drip of lawyer departures that goes hand-in-hand with the run up to a merger seems to be kicking off at Lovells.
As we report today, a five-lawyer team has left the firm’s Madrid office to set up a Spanish base for Watson Farley & Williams (WFW) (see story).
Memories of Dewey Ballantine’s ill-fated dalliance with Orrick Herrington & Sutcliffe come flooding back. Who could forget the mass exodus of partners that pre-empted the eventual shelving of the deal (see feature)?
In all probability WFW signed up the Madrid team long before Lovells’ partnership was let in on the firm’s planned tie-up with Hogan & Hartson.
But a cynic might say that word of how Hogan’s stringent eat-what-you-kill policy operates could have put the fear of God into them. After all, Lovells plans to ditch its lockstep in favour of the merit-based system (see story).
Let’s hope the Loveharts merger, which is fully backed by both firms’ management teams, doesn’t go the same way as the Dewey-Orrick tie-up that never was.