LAW FIRMS
The refashioned lawyer - why forward planning is vital for retiring partners
Heidrick’s Marc Bartel on why forward planning is vital for retiring partners and their law firms
10 Feb 2012 | 00:00 | 
Legal Services Act sees law firm LBO first as PE house secures Parabis deal
"Parabis is already a very successful company and all of the stakeholders have done well out of it. The primary motivation was not cash out but to grow the business. The only change will be that it has now got access to deep-pocket capital for invest...
10 Feb 2012 | 00:00 |
Outside the citadel - are you ready for a career after law?
Despite mounting pressure to retire early, partners still struggle to forge fulfilling careers outside the legal profession. Friederike Heine reports
10 Feb 2012 | 00:00 |
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In depth - Life after law
Are you prepared for a career post-law? A line-up of commentators advise on how partners should prepare for their retirement from the profession
10 Feb 2012 | 00:00
A different mindset - preparing for a career post-law
Fox Williams’ Tina Williams says lawyers need to alter their mindsets to succeed in non-legal positions after retirement
10 Feb 2012 | 00:00 |
BT advisers get 12-month extension as panel review is put on hold
BT has pushed back a long-awaited review of its global legal panel in a move that extends the terms of existing panel firms by 12 months. Advisers had been gearing up for BT’s first review under general counsel Dan Fitz, who replaced former group...
10 Feb 2012 | 00:00
Into the wilderness - the lack of post-law careers diminishes the profession
"It’s an increasingly glaring contradiction that as the profession has often touted its commercial outlook, on one key yardstick its business cred has utterly failed: the dearth of opportunities for partners after they retire from law..."
10 Feb 2012 | 00:00 |
Former Ince & Co partner struck off over £3m expense fraud charges
Former Ince & Co partner Andrew Iyer has been struck off by the Solicitors Disciplinary Tribunal (SDT) for fraud charges involving £3m of client money. The SDT judgment was based on four charges - that Iyer had failed to act with integrity, had co...
07 Feb 2012 | 12:33
CPA names new outsourcing head after departure former Rio Tinto lawyer Cooper
CPA Global has appointed a new head of legal service outsourcing (LSO) following the departure of former LSO chief Leah Cooper. Cooper left the company in November last year for family reasons according to CPA, with the outsourcer’s chief financial ...
06 Feb 2012 | 10:32
Private equity house takes majority Parabis stake in law firm LBO first
Private equity house Duke Street has acquired a majority stake in the Parabis Group, the parent company of insurance litigation law firms Plexus Law and Cogent Law. The deal, which values Parabis between £150m and £200m, is subject to approval fr...
06 Feb 2012 | 09:40 | 1 comment
Into the spotlight - Mark Lewis on how he became part of the phone-hacking story
As the legal scourge of phone-hacking, Mark Lewis’ journey has taken him through unemployment, personal setbacks and libel battles to himself end up in the headlines. Suzanna Ring reports
03 Feb 2012 | 00:00 |
Proper capitalists - banking woe is legal profession’s chance to shine
Where do City lawyers fit in if there’s a crisis in capitalism? (I’m not sure there is, but the Financial Times keeps telling me so). City lawyers have for years been unsure of their proper role, on one hand wanting recognition for forging a Briti...
03 Feb 2012 | 00:00 |
LSA arrives with a bang with listed Aussie firm's Russell Jones & Walker takeover
It’s been a long time coming, but the Legal Services Act (LSA) revolution is well and truly underway, with news that Australia’s Slater & Gordon is acquiring Russell Jones & Walker (RJW) marking the first takeover of one law firm by another since ...
03 Feb 2012 | 00:00 |
Here come the Aussies - Slater & Gordon kicks off Legal Services Act era in earnest
"Let the transformative change of RJW begin – it has been clear for a long time that the firm was itching to do something big and it now has the backing to realise its ambitions. RJW’s rivals will no doubt be watching very closely..."
31 Jan 2012 | 12:10
Cobbetts refinances £10m banking facilities as top earner takes £400k
Cobbetts has agreed to refinance £10m in existing loan and overdraft facilities in a new deal with Lloyds Banking Group, according to limited liability partnership (LLP) accounts recently filed with Companies House. The accounts confirm that the firm...
31 Jan 2012 | 06:29 | 2 comments
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