Law firm news by topic » Report

Australian law firms see revenues drop

Oct 27, 2011 Australian law firms have seen a drop in revenues. Even Perth, which is flush with cash in the middle of a resources boom, is expected to see revenue drop by nearly 50 per cent in the next quarter. Top-tier firms…

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US Legal Sector loses 1,300 Jobs in September

Oct 12, 2011 The US Bureau of Labor Statistics reported the second consecutive month of negative growth for the legal sector. Things were looking good in July, when 4,100 positions were added, but the sector took a turn for the worse…

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Report shows the instability of lateral hires

Mar 16, 2011 Consultant firm Motive Legal has produced a report that tracks the movement of partners hired in the UK over the last five years, tracking 1,944 lateral moves. The results are interesting: 44 per cent of partners that…

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Taking the shears to equity partnerships in 2011

Jan 19, 2011 2011 will be another slow year for law firms, according to the 2011 Client Advisory released by consultants at Hildebrandt Baker Robbins and the Citi Private Bank division of Citigroup, Inc. The report predicts that…

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US law firms look to emerging markets

Jan 10, 2011 The US market promises little growth this year, and law firms are looking to expand in the so-called BRIC countries - Brazil, Russia, India and China – along with countries like South Africa, Australia and Canada,…

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Think tank calls for reform of UK legal education

Dec 30, 2010 Legal education and solicitor training in the UK is in need of major reform, according to The Legal Services Institute, the policy think tank funded by The College of Law. The Institute has published a paper…

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UK training contracts in decline

Oct 29, 2010 The total number of training contracts offered at the top 30 UK law firms has shrunk by 11 per cent in the last three years, according to survey results published by Legal Week. The competition is particularly fierce…

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Tougher restrictions for UK 'ambulance chasers'

Oct 4, 2010 The British Government is backing plans to restrict the aggressive advertising of so called "ambulance-chasing" lawyers. The statement comes after the release of a study commissioned by David Cameron and conducted by…

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US firms planning to hire in the fourth quarter

Sep 29, 2010 A new report from recruitment firm Robert Half Legal suggests that many firms are planning to hire in the fourth quarter. The report finds that 29 per cent of lawyers interviewed plan to add legal jobs, while 6 per cent…

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Lawyer Pay: the $75k happiness plateau

Sep 14, 2010 Lawyers pursuing high pay should take note of a recent study showing that after household income reaches $75,000, more money does not mean greater happiness. Of course, people who choose a career based solely upon…

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