Law Firm Management

DLA Piper cuts 10 Hong Kong jobs in capital markets amid IPO slump

By Elizabeth Broomhall in Hong Kong | February 21, 2013

DLA Piper has made around 10 job cuts in Hong Kong amid an ongoing drop-off in capital markets work in the region. The group, which comprises associates and legal assistants in the firm's regional capital markets practice, is understood to have been laid off last month after news emerged in December that the firm planned to make a small number of redundancies across its Asia Pacific offices.

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DLA's Angel joins David Cameron's trade delegation to India

By Pui-Guan Man | February 18, 2013

DLA Piper global co-chairman Tony Angel is joining Prime Minister David Cameron on his high-profile business delegation to India. The former Linklaters chief has been invited by the Government to join Cameron on the three-day trade-focused visit this week - the largest single business delegation taken to any country by the UK to date.

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Iberia

By Legal Week | February 14, 2013

Caroline Hill asks whether Spain's new 'bad bank' will help boost its economy, while Freshfield Bruckhaus Deringer looks at China's growing interest in Spanish companies

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Axiom sends legal work for key client EA to India as firm opens up new base

By Gerard Starkey | February 14, 2013

Alternative legal services provider Axiom is officially opening its new India base for business on Monday (18 February), with video game giant Electronic Arts (EA) on board as the office's first client. The formal launch comes after Legal Week revealed last August that Axiom was in the process of establishing a 5,500 sq ft base in Gurgaon to offer its clients a more cost-effective service in the region.

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Crunch time – the real work is just beginning for Norton Rose

By Georgina Stanley | February 14, 2013

Five quick-fire international mergers and three-and-a-half years are all it will have taken Norton Rose to transform its business from struggling UK mid-tier practice to global giant by the time its merger with Fulbright & Jaworski goes live this summer. Any way you look at it, the scale of what the firm has achieved is impressive, as our analysis this week illustrates. Even rivals – usually quick to criticise – readily concede that the mergers Norton Rose has pushed through are hard to knock.

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And now for the hard part – after five mergers, can Norton Rose's CEO tackle his biggest challenge yet?

By Georgina Stanley | February 14, 2013

When Norton Rose's merger with US firm Fulbright & Jaworski goes live on 1 June, it will have completed its fifth tie-up in just three-and-a-half years. Given that even one merger is beyond the ability of many of the UK's leading players, the achievement cannot be underestimated. The unions mean that in just 42 months, Norton Rose will have transformed itself from an also-ran UK law firm with a smattering of international offices and turnover of £314m into a global giant operating in 55 locations around the world with revenues approaching £1.3bn.

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International Edition

Crunch time – the real work is just beginning for Norton Rose

By Georgina Stanley | February 14, 2013

Five quick-fire international mergers and three-and-a-half years are all it will have taken Norton Rose to transform its business from struggling UK mid-tier practice to global giant by the time its merger with Fulbright & Jaworski goes live this summer. Any way you look at it, the scale of what the firm has achieved is impressive, as our analysis this week illustrates. Even rivals – usually quick to criticise – readily concede that the mergers Norton Rose has pushed through are hard to knock.

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Firms tackle debt conundrum as LLP accounts expose borrowing burden

By Pui-Guan Man | February 14, 2013

Half of the UK's 20 largest law firms are carrying some degree of bank borrowing, limited liability partnership (LLP) accounts have revealed, as law firm debt comes increasingly into focus in the wake of the recent collapse of Cobbetts. Accounts filed with Companies House for the 2011-12 financial year show that 10 of the UK top 20 are carrying debts, with seven seeing their debt increase since the 2010-11 financial year: DLA Piper, Herbert Smith Freehills, Clyde & Co, Simmons & Simmons, Berwin Leighton Paisner, Irwin Mitchell and SJ Berwin.

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Partners predict further law firm failures as recent collapses shake confidence

By Pui-Guan Man | February 14, 2013

The vast majority of partners believe it is likely that more large law firms will collapse over the next two years, according to new Legal Week research. In the wake of Cobbetts' recent rescue takeover by DWF and Dewey & LeBoeuf's implosion last year, the latest Big Question survey found 95% of respondents acknowledging the possibility that more large corporate law firms would fail in the near term, including 32% who believed another collapse in the next two years was 'likely' and a further 42% describing such an event as 'very likely'.

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4-5 Gray's Inn set to merge with public law set Atlas Chambers

By Pui-Guan Man | February 11, 2013

4-5 Gray's Inn Square has merged with public law specialist Atlas Chambers, with Atlas director John Lister and a team of eight barristers set to start operating under the 4-5 Gray's Inn Square banner.

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New Jersey Law Journal

Legal Assistant Sues Drinker Biddle Claiming Race Discrimination

By Charles Toutant | July 27, 2018

Drinker Biddle is facing a discrimination suit from an African-American legal assistant in the firm's Princeton office claiming she is paid less than her colleagues because of her race and was subjected to a barrage of offensive remarks.

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The American Lawyer

After Shook Suspends Partner, a Backlash to the Backlash?

By Dan Packel | July 27, 2018

Some lawyers asked whether Shook, Hardy & Bacon had thrown Miami litigator Paul Reid "under the bus."

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International Edition

Former Freshfields corporate chief bows out to take up consulting role down under

By Krishnan Nair | July 27, 2018

Magic circle veteran Marchant retires after nearly 30 years for move to Australian firm Clayton Utz

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International Edition

Law firms will suffer Brexit pain unless government acts now, City leader warns

By Krishnan Nair | July 27, 2018

City of London policy chair warns law firms over expected 12,000 Brexit-related job losses

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National Law Journal

Puerto Rico Outpost Is 3rd New Office This Year for DC Boutique

By Ryan Lovelace | July 26, 2018

The insurance recovery practice at Weisbrod, Matteis & Copley is hanging new shingles along hurricane alley, with new offices in Florida, Mississippi and, now, San Juan.

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The Legal Intelligencer

A Crisis of Leadership: How Do We Properly Equip Those Who Lead?

By Marcie Borgal Shunk | July 26, 2018

There is a crisis brewing in law firms. In an era of volatility and transformation, law firms are now, more than ever, reliant on their culture, vision and operational approach to drive performance—all of which, at their core, rely on effective leadership.

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Pro Mid Market

Greenberg Glusker: Leveraging the One-Office Platform

By Lizzy McLellan | July 25, 2018

Bob Baradaran is the managing partner of Greenberg Glusker, a California law firm with just under 100 lawyers.

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The Recorder

Greenberg Glusker: Leveraging the One-Office Platform

By Lizzy McLellan | July 25, 2018

A Q&A with Bob Baradaran, the managing partner of Century City-based, 100-lawyer law firm Greenberg Glusker.

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The American Lawyer

Burford Shares Hit Record High as Half-Year Results Show Growth

By Roy Strom | July 25, 2018

Burford Capital Ltd.'s litigation finance business continues to grow, and that is making investors a lot of money.

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Daily Business Review

Male Miami Lawyer Catapulted Into Hot Seat in Debate About Continuances for Pregnant Attorneys

By Raychel Lean | July 25, 2018

How did a male Shook, Hardy & Bacon attorney in Miami unwittingly catapult himself into the heart of a debate about a proposed Florida parental leave rule on continuances for pregnant lead counsel?

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