Pillsbury Winthrop revenue down, profit static

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Video: How to health check the anatomy of your legal matters

By Rob MacAdam With clients expecting more efficiency, transparency and value from their lawyers, it’s time for law firms to re-engineer their legal service delivery into real competitive advantage. In this video, Rob MacAdam, Director of Legal Solutions, identifies six elements that make up the anatomy of a legal matter, and discusses what improvements can be […]

Updates on proportionality of costs in court proceedings

By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute.  In this latest […]

Women on Boards – As they progress, businesses thrive

By Susana Almeida Lopes Women represent 50% of the working population and are as much or more educated and qualified as men are. However, the problem of gender diversity (or lack of it), especially in top positions in organisations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]

Franchise resales – should franchisors be involved?

By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

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A&O to make 10 redundancies in Hong Kong

Allen & Overy (A&O) is in redundancy consultations with up to 10 lawyers in its Hong Kong office, after seven of its partners there quit to join Latham & Watkins last year (The Lawyer, 20 October 2008). A&O declined to confirm the number of jobs at risk. In a statement the firm said: “Our business […]

2

Cadwalader’s profit per point drops 38 per cent

Cadwalader Wickersham & Taft’s profit per point dropped by 38 per cent during the last year, despite the firm reporting a profit per equity partner (PEP) slump of ‘only’ 30 per cent, The Lawyer can reveal. Sources at Cadwalader were celebrating the PEP drop of 30 per cent, from $2.73m (£1.87m) in 2007 to $1.88m […]

Moves roundup: 19 January 2009

Asset finance specialist Paul Jarvis has been promoted to the partnership at ­Denton Wilde Sapte and has relocated to Abu Dhabi. He is the fourth partner at the firm to move to the Middle East since ­October. Move of the week Asset finance specialist Paul Jarvis has been promoted to the partnership at ­Denton Wilde […]

27

Conveyancing slump claims Hammonds Direct, Walker Morris appointed

Hammonds Direct, the conveyancing business spun off from Hammonds in 2001, will enter administration this week. Walker Morris appointed” class=”inline_image inline_image_left” src=”/pictures/web/images/15717_hammonds-bradford-office90.jpg” />Hammonds Direct, the bulk conveyancing business spun off from Hammonds in 2001, will enter prepackaged administration this week. The company, which has a turnover of more than £14m and employs 250 people in […]

51

Leeds’ Fox Hayes goes into administration

Leeds-based firm Fox Hayes has gone into administration a month after the departure of its commercial and private client teams for Lupton Fawcett. David Wilson (pictured) and Julian Pitts of the Leeds office of Begbies Traynor have been appointed as administrators. It is understood that some 115 jobs could be lost, although few of these […]

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