"At a time when in-house advisers are under growing pressure to demonstrate their worth to the wider business, why not try to leverage skills already housed within the department to make a profit from external clients or make new inroads where they know they have a ready made client base to serve?"
As news broke this week of yet more attempts at law firm consolidation, with Nabarro and Addleshaw Goddard admitting they recently discussed a tie-up that could have created a top 20 firm with revenues...
DLA Piper has promoted 48 lawyers to partner across its global network of offices, up from 44 last year
Over a third of all the lawyers CMS has promoted to partnership are women
Head of non-contentious financial services regulation Bob Penn will join the US firm after 17 years at Allen & Overy
Eversheds has promoted 26 new partners, up 18% on last year's 22-strong round
Firm brings in Deloitte to review its business services function as new managing partner Gideon Moore sets out his aims