African M&A: can the downturn in fortunes be re-energised?
Following a period of recent change for the worse in M&A (and PE exits) activity, due to political uncertainty and governance issues, can local strategy – combined with Africanising operations – and positive business sentiment improve the current state of affairs?
Why are legal operations functions on the rise?
Transformation and operational excellence opportunities are significant across the legal sector, with much to be learnt from the successes and failures of others
Dib, Dib, Dib and all that… Dispute resolution clauses
So maybe entering into a commercial contract is not entirely like being a scout but their motto of ‘be prepared’ is certainly applicable. Here are a few tips…
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There are many escapees from BigLaw
Boutiques are now looking like a particularly attractive option.
A COO is a managing partner’s best friend
Firms must once again turn their attentions towards servicing current clients for a lower cost.
Business travel is not dead
The world is becoming a more open place to travel based on the Henley Passport Index.
There is one good reason US firms are hiring senior associates into partnership
In recent months there has been a glut of senior associate hires.
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For all of Quinn’s success in London, it’s seriously missing out on IP
The most successful US firm in London in terms of sheer growth is Quinn Emanuel Urquhart & Sullivan.
2020’s redundancies tell us three things about the shape of 2021
The job losses in the legal sector last year give us a good inkling of where the most profound changes are likely in 2021
Latham ends HQ search with 1 Leadenhall deal
Latham & Watkins has signed up for a pre-let of its next London office, over a year after The Lawyer first reported on the US firm’s search of the development. The US firm has agreed for a minimum of 200,000sq ft of space at 1 Leadenhall from early 2026. In 2019, The Lawyer reported that […]
BCLP moves Project Advance up a gear in profit-boosting exercise
Bryan Cave Leighton Paisner (BCLP) is targeting higher profitability with more thorough assessments of performance and practice targets in coming months, The Lawyer has learned. The firm is to carry out regular analysis around performance and profit margin targets set out by its heads of practices when it comes to client work. The goal is to […]
Terms extended as Met Police panel review overruns
The Metropolitan Police Service has asked firms to sign up to an extension of its panel, giving it more time to conclude its review of the roster. The Met’s current framework expires on 31 January, however firms will have their current contracts extended till April. The Met said that this is to allow it to […]
DWF sets £25m revenue target for NewLaw units
DWF has set a target to achieve £25m in revenue for its Connected Services division, one of its biggest business bets beyond traditional legal services. The target is the result of a business plan aimed at expanding the innovation and consulting services tentpole of the listed firm throughout 2021. It is accompanied by a headcount […]
Contenders emerge as Linklaters’ election race kicks off
Linklaters’ senior partner election race has begun in earnest, The Lawyer understands, as Charlie Jacobs looks set to leave the firm at the end of his term. The magic circle firm has begun a process that will conclude by mid-May, sources told The Lawyer. Jacobs is understood to have communicated internally that he will be […]
Mayer Brown pulls out of Thailand after Asia review
Mayer Brown is the latest firm to rethink its strategy in South East Asia, with its lead partner in Thailand joining a rival US outfit in the country. Local partner in charge Maythawee Sarathai has joined Hunton Andrews Kurth, as Mayer Brown closed its Bangkok operations. The Bangkok office was acquired by Mayer Brown following […]
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