Since 2001, the legal industry has been characterized by double-digit profit growth, strong demand, solid productivity and controlled expense growth. That all started to change in the second half of 2007, and now, the…
As Chinese public companies migrate to the major IS stock exchanges from smaller trading venues, they're seeking increasingly sophisticated legal counsel and generating opportunities for US law firms. Major Wall…
Global law majors, White & Case, Ropes & Gray, Ashurst Morris Crisp and Wilson Sonsini Goodrich & Rosati, are scouting for tie-ups with domestic law firms as a first step for a footprint in India. Since the Bar Council…
US firm Dechert has been granted a licence to open an office in Beijing, its first in mainland China, the firm has said in a statement. So far this year, ten US firms have obtained licences to open firms in China,…
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"A look at the numbers shows the cuts are quite small -- so far" says Leigh Jones, National Law Journal.
Clifford Chance, the world's biggest law firm by revenue, opened a new office in Abu Dhabi earlier this week with 14 lawyers drawn from offices including London. The office size is expected to double in the next two…
Attempts to open up the Indian legal market to foreign law firms look set for further delays as the country gears up for a general election. Chris Wyman, head of Clifford Chance’s India group, said: “Since the…
Law firms including Mayer Brown, Howrey; Winston & Strawn; McDermott, Will & Emery; Chadbourne & Parke; and several more in recent months have welcomed back attorneys from other law firms. The "coming home" phenomenon is…
Over the past couple of months there has been the progressive build-up of outfits with big names that have been forced to admit that they were letting people go or initiating redundancy programs. Maybe the most…
Nearly 92 percent of 2007 law school graduates have jobs now, the highest reported figure in 20 years. And those who work at law firms are earning a median salary of $108,500--about $13,000 more than 2006 graduates were…
Commercial law firm Brodies LLP, is closing the gap on Scotland’s big four in the industry, Dundas & Wilson, McGrigors, Maclay Murray Spens, and Shepherd and Wedderburn. The law firm, which has offices in Glasgow…
Global law firms are scrambling to strengthen their pan-Asian competition practices. Law firms expect a sharp rise in requests from multi-national corporations eager to navigate the region's evolving antitrust landscape,…
A career expert has some advice for law firms running summer associate programs: Spend less money on late-night parties and more on training and mentoring programs. Writing for the National Law Journal, Lauren Stiller…
US firms are preparing their partners for sinking revenues as they take stock of their financial progress at the half-year stage. Business has been far harder since the start of the year, with Skadden Arps, Latham &…