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July 09, 2008 | International Edition

US Firms in London: Tough talking

US law firms remain publicly committed to expanding their London offices despite wider concerns that it could take until 2010 for current economic conditions to improve. This is the key finding of Legal Week's annual US law firms in London survey, which reveals that 86% plan to increase their headcount over the next 18 months. This is only slightly less than in 2007, when 91% of US firms earmarked further growth for their London operations.
12 minute read
July 09, 2008 | International Edition

US Firms in London: A cartel comparison

The consequences of fraud, cartel activity and corruption have seldom been far from the boardroom agendas of large multinational organisations in recent years. This stems from the increased activity of regulators on both sides of the Atlantic and the swingeing financial penalties being imposed for these offences.
7 minute read
June 25, 2008 | International Edition

Is the US IP boutique an endangered species?

Fish & Neave. Lyon & Lyon. Pennie & Edmonds. Morgan & Finnegan? Years ago, Morgan & Finnegan was the kind of firm that New York intellectual…
3 minute read
June 12, 2008 | International Edition

Gap between Am Law 100 and 200 increases as US firms' revenue and profits are revealed

The revenue gap between the US's 100 largest firms and their second hundred counterparts widened in 2007 according to The American Lawyer's recently published Am Law 200 survey. Four new firms featured for the first time and one made a return to the rankings, which feature the 101st to the 200th largest firms in the US ranked by revenue.The results saw the average firm in the second hundred grow their turnover by 8.6%, from $157m (£80.2m) in 2006 to $170.5m (£87.1m) in 2007. This compared to an increase of 13.6% by firms in the top 100, increasing from $567.5m (£289.8m) in 2006 to $644.5m (£329.1m) a year later.
2 minute read
April 10, 2008 | International Edition

Senior reinsurance duo to exit Cadwalader

Two reinsurance partners - including the head of the practice - are leaving Cadwalader Wickersham & Taft to join rival law firms, writes the New York Law Journal. Reinsurance chief Lawrence Brandes is set to join the New York office of transatlantic giant DLA Piper later this week, while another partner, Harry Cohen, will join the Manhattan branch of Crowell & Moring at the beginning of next month. Both joined Cadwalader in 2000 as part of a four-partner group from legacy firm Rosenman & Colin, where Brandes had at one time been firm chairman as well as head of the insurance and reinsurance practice.
2 minute read
March 17, 2008 | International Edition

Crowell captures Eversheds disputes duo in City

Crowell & Moring has boosted its London arm with the hire of two senior disputes partners from national giant Eversheds. Gerallt Owen and Peter Kiernan join Crowell's City base as partners in the fraud and corporate crime practice. Owen comes on board as head of international regulatory and corporate crime while Kiernan joins the Wasington DC-based firm as firm-wide head of international investigations.
2 minute read
January 18, 2008 | International Edition

US Briefing: Law firm leaders gloomy in States for '08

Managing partners nationwide expect a weak 2008 to bring fewer equity partner promotions, longer hours and higher rates, according to a new survey released Wednesday. Citi Private Bank's Managing Partner Confidence Index found that overall confidence fell nearly 20% in 2007, dropping by larger amounts each quarter. Top law firm consultant Bradford Hildebrandt, whose consulting firm will release its own 2008 forecast soon, says the blue mood is probably going to prove justified.
5 minute read
December 12, 2007 | International Edition

Benelux: Promotion prospects

Belgium's rules governing commercial promotions are among the strictest in Europe. Chapter VI of the Act of 14 July, 1991 on fair trade practices and the protection and information of consumers (FTP Act) contains detailed rules regulating a variety of promotional activities directed at consumers, such as:
7 minute read
October 24, 2007 | International Edition

A costly decision

The judgment of the Court of First Instance (CFI) of the European Communities delivered on 11 July, 2007, merits close examination on the grounds that the court does not usually condemn the European Commission (EC) to pay such high damages, and that merger control in the European Union (EU) has always been characterised by a broad margin of discretion on the side of the EC. It is, therefore, not surprising that most of the arguments presented by Schneider have been rejected.
4 minute read
October 19, 2007 | International Edition

A legal education

BPP Law School has held off competition from rivals including the College of Law to retain its trophy client - the City Legal Practice Course (LPC) consortium.
11 minute read

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