Junior solicitors at the City's biggest firms face almost nine years of hard slog before being promoted, new research shows.
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RollOnFriday has published a list of the latest law firm results: Firm --- Turnover --- % increase on 06/07 Field Fisher Waterhouse --- £88m --- 30% Norton Rose --- £297m --- 27% Herbert Smith --- £418m
Several law firms have posted robust financial results for 2007-08, with Lovells, SJ Berwin and Eversheds among those announcing double-digit hikes in revenues. The results contrast sharply with those of Denton Wilde
A few large law firms have been arranging secondments -- short-term contracts under which companies "borrow" an outside lawyer for a few weeks to a year or more -- for years, particularly as a service to overseas clients
India has the second largest number of lawyers after only the US. There has been mounting pressure on the Indian government from other governments, particularly of the UK, for opening up professional services in India,
Australian law firm Mallesons Stephen Jaques has opened its third office in China and now has 130 lawyers in China working from offices in Beijing, Hong Kong and now Shanghai. About 100 of them speak
Akerman Senterfitt is close to consummating a merger with a 300-lawyer Philadelphia-based firm that would broaden its national platform, according to sources familiar with the talks. The merger would give the 12-office
During the dot-com boom, large national law firms started setting up shop in Palo Alto. But even after the boom went bust, the firms continued to flock there, solidifying the northern part of Santa Clara County's place
This year’s biglaw summer associates may face a shortage of client work. This year, with the slowdown in transactions, some firms like WilmerHale and Latham expect to have less to assign, particularly corporate work.
The placement period at the National Law School of India University in Bangalore won't end for another month. But the batch of 80 students in the final year have already been placed with nearly 40% landing jobs at the
Cotty Vivant Marchisio & Lauzeral is the only foreign firm to have confirmed an interest in applying for a Qualifying Foreign Law Firm (QFLF) licence in Singapore. Five licenses are in the process of being issued; the
Will the credit crunch force law firms to put a break on recuitment? Aspirant lawyers should not despair. According to David Davies, careers consultant at BPP law school, the signs of credit-crunch impact in the law are
The Indian Advocates Act of 1961 prevents foreign firms from doing business in the country. The wall went up in the 1990s when Ashurst, a British firm, along with White & Case and Chadbourne, opened offices in India...
Global law firm K&L Gates and Charlotte-based Kennedy Covington, which have been engaged in merger discussions for months, are far enough along in those talks that they released a statement Thursday saying they could
The American Lawyer reported today that two law firms, Skadden, Arps and Latham & Watkins, broke the industry’s $2 billion gross revenue barrier for the first time. It took Skadden 51 years to reach the $1 billion