CMS Cameron McKenna Nabarro Olswang has launched a new portal to allow its staff to generate ideas and turn the best ones into products, The Lawyer has learned. The firm is asking for ideas that address three challenges, namely culture, internal efficiency or client solutions. These can either be “quick wins” or “big ideas”, which are transformative […]
Sidley Austin has announced its partner promotions for the New Year, making up 30 partners worldwide. While this is a big increase on the 19 partners elected last year, the firm stayed cautious in London, promoting just one. Lyndsey Laverack will become a partner in the M&A and private equity group in London. She has been […]
Partners from legacy Ince & Co are facing a 12-month lock-in period following the conclusion of the deal that saw it merge with Gordon Dadds, The Lawyer understands. As part of the deal, partners are thought to have agreed to a ‘black-box’ remuneration system which will see them each negotiate individual deals with the new listed […]
Reynen Court, the platform claiming to be a “one-stop” tech solution for the legal industry, has completed its first series A investment round, attracting cash from two of its biggest law firm backers. The heavyweight firms joined Prins H LLC, an investment vehicle set up by the platform’s founder and CEO Andrew Klein to provide […]
The fortunes of the US firms in London dominated this week’s stories on The Lawyer, while our most comprehensive look at firm leadership revealed stark truths about diversity (or lack of it) in the industry. According to data collected from 38 of the world’s largest firms, just one had a 50:50 gender balance on its […]
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Recent years have seen a tremendous shift in almost all aspects of the UK legal services sector, but few have been more tangible than the transformation of senior marketing roles. What was once seen, somewhat disparagingly, as a ‘back office’ position is now taking its place shoulder to shoulder with the leading firms’ most senior rainmakers.
Law firms are finally waking up to the fact that marketing makes money. Not all, however, have quite yet cottoned on to precisely how. Most firms now recognise that as they and their clients grapple with the realities of digital transformation, the specialists leading this thinking are unlikely to be lawyers.
Cleary Gottlieb Steen & Hamilton has made all of its paralegals in London redundant, after an analysis of work patterns and demand for their services. The US firm confirmed to The Lawyer that it will no longer recruit paralegals in London, having made three paralegals redundant. A spokesperson said: “We confirm that we have made […]
Osborne Clarke has made up eight new partners in the UK, including one who completed the process during her maternity leave and two that work on a part-time basis. The firm’s new cohort means Osborne Clarke now boasts a partnership of more than 260 for the first time in the firm’s history with a handful […]
US firms have extended their share of the London legal market, The Lawyer can reveal, with more than ever featuring in the exclusive ranking of the 50 largest US and UK-headquartered firms in the City. This is a rise of one firm on last year’s ranking, which was introduced for the first time in the […]