New market forces are playing into the hands of top U.K. firms, especially the Magic Circle, which now dominates high-end corporate work in most of Europe's major jurisdictions. In the last financial year, the Magic Circle quintet saw growth in profits per equity partner of above 20 percent, dispelling any stateside views that Brits are soft on underperforming lawyers, blindly wedded to locksteps, and on holiday too often. Magic Circle firms are gaining ground and, in some cases, surpassing U.S. rivals.
September 27, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Richard Lloyd
The American Lawyer
September 27, 2007
Image: Photographer’s Choice
In June, shortly before he became the British prime minister, Gordon Brown announced, “[This is] an era that history will record as the beginning of a new golden age for the City of London.” Meanwhile, New York was digesting the findings of a McKinsey & Company report, commissioned by Mayor Michael Bloomberg, on how the Big Apple might respond to London’s resurgence as a financial center.
Presented by BigVoodoo
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
