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Six years ago this month, Lehman Brothers collapsed into bankruptcy – in one move becoming the biggest corporate failure in history and plunging the global financial markets into turmoil.
11 Sep 2014 | 00:05 |
Given the natural conservatism of the legal market both in the UK and globally, when the leader of one of the UK's largest law firms describes the pace of change in the sector as "glacial" it's a definite sign that a dramatic move is long overdue.
01 Sep 2014 | 00:10 |
Partners can be a fickle bunch. Just look at Ashurst: the firm's desire to secure a US merger dates back so far that it's hard to think of a UK firm - legacy SJ Berwin or Norton Rose aside - more frequently linked with potential partners across the At...
24 Jul 2014 | 10:40 |
Firms have to balance pruning senior ranks with promoting new talent
18 Jul 2014 | 00:43 |
Taken at face value, our research this week on the universities attended by last year's trainee intake at the top 30 law firms is worrying.
10 Jul 2014 | 11:50
As numbers from the UK's largest law firms slowly drip out for the most recent financial year, at first it may seem a little fruitless to take a detailed look at firms' accounts for the previous year.
27 Jun 2014 | 00:05 |
Last year's merger between Norton Rose and Fulbright & Jaworski heralded the arrival of a new breed of global giant.
19 Jun 2014 | 11:36 |
It may not have quite the same pull as the World Cup, but if anything in the legal world is likely to divert attention away from the goings on in Brazil, money is always going to be a likely candidate.
12 Jun 2014 | 10:40 |
Law firms are upping their borrowing as the banks are happy to lend again, but is it a sign of the return of the good times?
06 Jun 2014 | 00:05 |
With the notable exceptions of Donald Trump's hair and Nick Clegg's electability, most things tend to change. Where once partnership and the keys to the executive bathroom were all any aspiring lawyer wanted from life, now it's not quite so cut and dr...
30 May 2014 | 00:00
Kirkland's hire of Weil banking partner Stephen Lucas is the latest example of US firms wielding ever-more hefty chequebooks to secure the right names...
22 May 2014 | 10:10 |
In a world where globalisation and consolidation are increasingly the buzzwords of choice, it takes a brave man to stand up and be different.
16 May 2014 | 00:00 |
Given Legal Week's focus on senior lawyers working in the top international firms, the people we speak to on a daily basis have already enjoyed success in their careers.
09 May 2014 | 00:00 |
If annual partner promotion rounds reflect law firms' confidence in the business environment, it will be of little surprise that the number of promotions made by the UK's top 20 firms is up significantly on last year, especially in London, where busin...
02 May 2014 | 00:00 |
When a single bank announces that it is setting aside more money to cover litigation costs than several countries' GDP, it is unlikely be alone in facing soaring legal spend.
11 Apr 2014 | 00:00 |