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LEGAL VILLAGE
Welcome to the future: making innovation happen
For much of the last generation, the knee-jerk position of many has been that law firms do not change. That's always struck me as an ignorant and naive point of view. In any sphere, change is ongoing and inevitable. Every law firm that is successful t...
23 Oct 2009 | 15:09
Sometimes it was ‘poor’, other times ‘woefully ineffective’
Former magic circle trainee Dominic Webb on management in City law firms... Should lawyers be running large law firms? They are bright people, after all. Some will have natural leadership skills, of course. But as a breed, can lawyers actually run the...
12 Oct 2009 | 14:40
Hogan-Lovells union faces many obstacles
Lovells and Hogan & Hartson are considering one the riskiest manoeuvers in the legal business - a transatlantic merger, which in this case would create a global mega-firm of more than 2,500 lawyers. That strategy can work (see DLA Piper) or turn to br...
12 Oct 2009 | 12:19
Hogan/Lovells – the view stateside
If Hogan & Hartson, the Washington giant, and Lovells, one of the most global of the leading UK firms, consummate their merger talks, the new entity has the potential for a name out of Harry Potter - Hogells - and a chance to remake a corner of the Bi...
08 Oct 2009 | 17:38
Did Bank of America CEO Ken Lewis listen to his lawyers?
Ken Lewis doesn't like lawyers. He especially doesn't seem to like Tim Mayopoulos, his former general counsel at Bank of America, according to insiders. But not liking lawyers and not listening to them are two different things. And that raised some...
07 Oct 2009 | 11:53
Why scrapping training contracts is a bad idea
Former Taylor Wessing trainee Natalie Salunke questions the recent proposals to do away with training contracts...
30 Sep 2009 | 17:11
Sullivan vs Harvard – and you thought campus recruiting was crazy in Blighty
Everyone seems to agree that this is the craziest, most stressful recruiting season the US has seen in recent memory (and that's saying something). More top law schools have moved what used to be autumn interview dates into late August. That has led t...
25 Sep 2009 | 14:16
Lost weekend: Lehman's collapse
One year ago, banking behemoth Lehman Brothers crumbled, its Chapter 11 filing sending shockwaves across the world economy. A select few lawyers were at Ground Zero of the implosion. Among them was Lori Fife, a business finance and restructuring partn...
16 Sep 2009 | 12:18
The Bank of America Chronicles: pondering the bank's litigation strategy
It didn't come as a complete surprise to us, but federal district court judge Jed Rakoff's fire-breathing rejection of Bank of America's $33m (£20m) settlement with the Securities and Exchange Commission (SEC) was a stunner. His anger at BoA and the ...
15 Sep 2009 | 11:22
Dealmaker of the Week: Morton Pierce of Dewey & LeBoeuf
Three months ago, Dewey & LeBoeuf's M&A chair, Morton Pierce, was called in to Disney's Burbank offices...
08 Sep 2009 | 13:17
Welcome to the future: billable hour RIP?
With recent coverage in The Wall Street Journal about the "Billable Hour Under Attack"...
28 Aug 2009 | 13:13
Are Pakistan's lawyers now a public menace?
Two years ago, lawyers in Pakistan inspired the world with their protests against...
26 Aug 2009 | 01:00
SEC blames law firms for BoA's failure to disclose Merrill bonuses
Based on the briefs they submitted on Monday (24 August), the Securities and Exchange Commission (SEC) and the Bank of America (BoA) heard two different orders from Manhattan federal district court Judge Rakoff on 10 August, when he told both sides to...
25 Aug 2009 | 01:00
Sex and the City comes to Hogan & Hartson
Almost every woman we know - and a few men - are fans of Sex and the City. And those fans are going to be very jealous of their friends who work at Hogan & Hartson when Sarah Jessica Parker and crew come to the US firm's New York offices early next mo...
21 Aug 2009 | 01:00
DLA Piper partner fights for Aung San Suu Kyi's freedom
DLA Piper's Jared Genser represents a very high-profile client: Aung San Suu Kyi, a Nobel Peace Prize laureate and the face of democracy in Myanmar, also known as Burma. On Tuesday (11 August), the Myanmar Government convicted Suu Kyi of violating the...
13 Aug 2009 | 01:00
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