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March 13, 2007 |

Where Not to Open Overseas

U.S.-based law firms with visions of international offices got the inside scoop from foreign managing partners at the Law Firm Leaders Forum, held last week in San Francisco. What's the most "overlawyered" country -- and where should U.S. firms set their sights instead? These partners might have you rethinking your agenda.
2 minute read
March 15, 2010 |

Trainee Retention Rates Drop Below 80 Percent at Top U.K. Firms

Trainee retention rates across the U.K.'s top 30 law firms have been hit by the economic downturn, with most firms with March 2010 intakes retaining under 80 percent of newly qualified lawyers. The average retention rate has dropped nearly 10 percent from March of last year.
2 minute read
November 28, 2007 |

Eversheds Employment Team Cut From Virgin Panel

Eversheds has been dropped from Virgin's formal panel of U.K. legal advisers, Legal Week has learned, in what will be viewed as a setback for the firm's employment practice. The U.K. giant confirmed last week it will no longer be handling Virgin's employment work. It had been appointed to an eight-strong roster of firms early last year to advise the high-profile conglomerate. Arch-rival DLA Piper is understood to be in line to pick up the work.
1 minute read
March 13, 2007 |

Where Not to Open Overseas

U.S.-based law firms with visions of international offices got the inside scoop from foreign managing partners at the Law Firm Leaders Forum, held last week in San Francisco. What's the most "overlawyered" country -- and where should U.S. firms set their sights instead? These partners might have you rethinking your agenda.
2 minute read
November 17, 2009 |

Jones Day Demotes 5 London Partners

Jones Day has demoted a number of London partners over the last year, with five former partners now serving as of counsel at the firm. The demotions, first reported on legal blog RollOnFriday, equate to nearly 10 percent of the firm's London partnership, which currently lists 48 partners on its Web site. News of the role changes follows a number of lateral partner moves over the course of the year, with the London office losing one partner and gaining two in recent months.
2 minute read
April 14, 2008 |

London's SJ Berwin Wants to Make More Friends in the United States

In London legal circles, planning trans-Atlantic strategy is no longer the preserve of Magic Circle management. As midmarket deals become more international, smaller firms are feeling the pressure to show their U.S. reach, too. Just ask SJ Berwin, an upwardly mobile member of London's midmarket, which is busy trying to solidify its working relationships with several American firms.
3 minute read
July 20, 2007 |

Profits at U.K.'s Top 50 Law Firms Hit Record Levels

The United Kingdom's top 50 law firms have seen a second year of double-digit revenue growth, with fees rising 14 percent annually to hit �10.5 billion. Legal Week's 2006-07 figures also show average profits per equity partner going up by 13.5 percent. What's more, the four largest firms generated �4.18 billion in fees among them, nearly 40 percent of the top 50's income. Clifford Chance managing partner David Childs said the results vindicated the big four firms' investment in their foreign offices.
5 minute read
December 14, 2007 |

Travers Smith Takes Lead on $740M Palm Oil IPO

Travers Smith has snared New Britain Palm Oil as a client after advising on the company's $740 million admission to the London Stock Exchange. The palm oil producer controls more than 40,000 hectares of plantations, located primarily in the West New Britain province of Papua New Guinea, where it has been listed on the local stock exchange since 1999.
2 minute read
April 27, 2007 |

The London Lawyer

The American Lawyer�s Chief European Correspondent Richard Lloyd reports on the latest buzz from London.
5 minute read

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