The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
Weil Gotshal & Manges was left searching for a rock to crawl under after being forced to admit that its lawyers “don’t communicate”.
The rather embarrassing admission came about after US bankruptcy judge Judith Fitzgerald questioned why Weil was charging client Armstrong World Industries for sending a lawyer to observe a hearing in another bankruptcy case in which the firm was also advising.
Prodded about the ‘double dip’, Weil associate Joshua Sussberg was forced to admit in court that the bankruptcy and restructuring teams don’t talk to each other.
One could question why Weil even bothered to try to wangle the extra $29,000 (£16,000) when the firm had already billed Armstrong $849,000 (£457,000), but hey, if you don’t ask...
Fitzgerald did, however, shed some light on what the firm should expect to bill for in future, saying: “Not everything that people do outside of bankruptcy, including breathing, is billable.”