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.
The lowering of standards in the legal market is the issue du jour in certain circles, ever since Sir David Clementi opened the door to the Co-op and the AA and other oiks to start playing at being proper lawyers.
Now Tulkinghorn has learnt that new technology is creating a new threat, even to the high-billing lawyers in the magic circle.
At a recent evening out with a bunch of Freshfields corporate partners, James Wood mentioned a texting service in which you can ask any question and get an answer for £1.
"So," quizzed Tulkinghorn's ever-vigilant scribe, "do you ever use it to ask, 'what's a Section 110 insolvency?'"
Wood replied that once they did text a question about some obscure corporate law loophole and whether it existed in Sweden - just for curiosity's sake, of course, and not at all because they didn't know the answer themselves. Honest.
Incredibly, the answer from the text message came back: "This is not to be taken as legal advice [blah blah blah disclaimer], but this law does exist in Sweden in rare cases, although it is not recommended."
Just think how many texts you could do in a chargeable hour…