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July 09, 2007 |

Linklaters Revenue Passes �1 Billion Mark

Linklaters is the latest U.K.-based firm to unveil massive increases in fee revenue and profits per partner, as London continues to underline its strength as an international finance center. In the last three years, the firm's revenue has increased by 57 percent, while profits per partner have risen by 108 percent. Linklaters now has higher PPP than several of New York's leading firms, according to managing partner Tony Angel, who points to the upsurge in cross-border work as a driver in the firm's growth.
2 minute read
October 15, 2009 |

Tax Disclosure Deadline Looms Large for Am Law Lawyers, Clients

Be it last-minute deadlines, frantic clients or impromptu therapy sessions, the dawn of a new tax day is here for many U.S. citizens. Oct. 15 is the amnesty deadline for Americans to file income tax returns with the IRS and voluntarily disclose assets stashed away in Swiss bank accounts or other offshore tax havens. Am Law attorneys are swamped and trying to keep up with the workload. And unlike an understanding college professor willing to look the other way on a late assignment, the IRS deadline is hard and fast.
4 minute read
August 10, 2006 |

England Poised to Reform Legal Market

Picture lawyers idling away potentially billable hours tracking their firm's stock price rather than poring over their firm's PPP rankings or the results of the latest associate-satisfaction survey rankings. Sound far-fetched? It may happen soon in England if a draft bill that would allow outside investment in law firms and let firms go public makes it into law. And although the bill hasn't yet been the focus of too much hand-wringing in the United States, it is "on the radar screen," says one consultant.
7 minute read
May 20, 2004 |

Raises in London May Foretell Genteel Pay War

A law firm salary war could be brewing. Linklaters has raised eyebrows in the British legal community by boosting salaries for newly qualified lawyers -- the equivalent of American first-year associates -- to �51,000, or about $88,000. The Linklaters partner in charge of recruitment called the raise an expression of confidence that market conditions were improving, and said he expected other Magic Circle firms would match the new figure.
3 minute read
December 01, 2008 |

Mission Critical

The British government dropped a bribery probe of BAE, but U.S. prosecutors picked it up. In the meantime, BAE's GC cleaned up its act-enough to fend off an indictment?
16 minute read
November 30, 2012 |

Canadian Big Deals

CNOOC/Nexen; Maple/TMX Group; Scotiabank/ING Bank of Canada; CGI/Logica
12 minute read
February 01, 2013 |

Canadian Deals

12 minute read
January 01, 2007 |

Browsing the Paris Boutiques

5 minute read
December 13, 2007 |

Frankfurt Merger Hands Paul Hastings Long-Awaited German Debut

Paul, Hastings, Janofsky & Walker has made its long-awaited German debut after brokering a deal to absorb respected 27-lawyer Frankfurt boutique Smeets Haas Wolff. All five Smeets Haas partners, who focus on corporate, banking and restructuring work, will join the Los Angeles-based firm as equity partners when the combination goes live on Jan. 3. The firm had been looking to launch in Europe's largest economy since 2003.
2 minute read
October 23, 2009 |

Major U.K. Firms Cut Back Profit Payouts Amid Tough Markets

A growing number of U.K. firms are either holding back or reducing partner profit distributions as a result of the recession. Pinsent Masons and DLA Piper have both withheld profit distributions in recent months. Pinsent has withheld its last two quarterly profit distributions, with the firm attributing the "profits distribution holiday" to a series of management responses to the recession. DLA held back its August distribution firmwide and has yet to decide on its next payment, due in November.
3 minute read

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