The speed read

stopwatch

The speed read: Eversheds flexes, Europe braces and the C-suite gets talking

With financial results looming for the UK’s legal market, attention turned this week to the fortunes of firms across Continental Europe, as well as predictions made by magic circle management. Here are the key takeaways. Lessons in management from A&O’s Dejonghe A decade ago, Allen & Overy’s now senior partner Wim Dejonghe was just a […]

London skyline

The speed read: Promos delayed; the ethics of furloughing; and Goodwin’s disputes push

Keystone’s CEO strikes a chord Is furloughing to preserve partner profits ethical? James Knight, the CEO of Keystone Law, hit a nerve this week when he said: “I do not believe it is ethically responsible to take government money designed for genuinely cash strapped businesses, in order to maximise our own profits.” “Furlough is for […]

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The speed read: Furloughing divergence; New Law’s once-in-a-lifetime opportunity; and no online salvation for Ely Place?

Firms are diverging in their Covid strategies As firms grapple with how best to manage their Covid-struck businesses some trends have emerged. There was a day when the floodgates opened and dozens of firms announced they were furloughing staff. This has continued apace, while partners’ distributions are being delayed pretty much across the board. With […]

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The speed read: Links promotes; the courts carry on; and everyone furloughs

The £2,500 question for law firms To furlough, or not to furlough? Most firms have chosen to go down this route, with The Lawyer this week reporting on decisions made by HFW, Hogan Lovells and Osborne Clarke (to name but a few). While firm actions may look exactly the same, keep an eye out for […]

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The speed read: junior concerns; restructuring booms; and NRF rolls back the years

This week saw Norton Rose Fulbright revive its Flex scheme of 2009/10, while junior barristers voiced concerns over their livelihoods. Here are the key takeaways. Norton Rose Fulbright rolls back the years As we’ll no doubt be reminding people a lot in the coming weeks, the firm that probably came out best reputation-wise from the […]

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The speed read: ANOTHER Freshfields investigation; and insolvency lawyers by the Batphone

The changing dynamics between firms’ corporate and restructuring teams was highlighted this week, while listed law firms brace for tough times due to the coronavirus pandemic. Here are the key takeaways. What a time to be a restructuring lawyer If you’re a corporate lawyer right now, you’re probably still flat-out speaking to clients as they […]

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The speed read: Freshfields in NY; and do we need Moore Barlow?

There were four mid-tier tie-ups this week, while firms across the globe took action in the wake of the coronavirus outbreak. Here are the key takeaways. Freshfields has gone all out in New York Last year Freshfields Bruckhaus Deringer did something a bit un-Freshfields-like and hired four partners from Cleary Gottlieb Steen & Hamilton in […]

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The speed read: Greenberg beefs up; and a law school mystery

Under-the-radar Greenberg makes promises in litigation Mishcon de Reya isn’t used to losing partners from its beloved disputes group, but this week The Lawyer revealed two would be making the move – and to a US firm no less. Banking disputes head Masoud Zabeti and fellow litigator Mohammed Khamisa QC are joining Greenberg Traurig, a […]