Sonnenschein takes half of Thacher Proffitt

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Latest Briefings

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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Promotions down at Dechert and Reed Smith

US firms Dechert and Reed Smith have shown their confidence in the London market by making up new partners in the City, despite making fewer promotions overall than last year. Dechert made up a single UK partner, London-based funds specialist Gus Black, alongside five promotions in its US offices. Last year, from nine promotions at […]

Irwin Mitchell makes 16 redundant

Irwin Mitchell makes 16 redundant” />Irwin Mitchell has made at least 16 redundancies, with its conveyancing department bearing the brunt of the layoffs, The Lawyer understands. The firm launched a consultation with members of its Leeds and Sheffield conveyancing department in April of this year. According to sources, this resulted in at least five members […]

A&O halves bonuses for US associates

Allen & Overy is the latest magic circle firm to announce bonuses for its US associates. The firm has halved last year’s bonuses of $32,500 for junior lawyers, with most now receiving $17,500. Last year’s bonus for senior associates of $65,000 has also been halved, with most senior associates this year receiving $32,500. Last month […]

Paul Hastings lawyer suspended over insider dealing claims

Paul Hastings Janofsky & Walker lawyer Eric Holzer has been suspended from the firm over his alleged part in suspected insider trading at Lehman Brothers. Holzer, a tax associate in the New York office of Paul Hastings, is accused of being part of an insider trading ring with Lehman traders Jamil Bouchareb, Daniel Corbin, Frederick […]

BLP signs alliance with leading Russian lawyers

Berwin Leighton Paisner (BLP) is set to create an alliance with part of Moscow-based Pepeliaev Goltsblat & Partners (PGP). PGP is set to split due to the firm’s name partners taking different views on the tie-up with BLP, according to Russian media. A BLP spokesman confirmed that the firm is in the advanced stages of […]

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