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Diminishing returns – Australia's top firms face tough times as partner numbers continue to shrink

That statistics can be manipulated in numerous ways is a given. But sometimes the message from the numbers is so clear it is impossible to misinterpret.

17 Oct 2014 | 00:14 | secure


inner image Mastering a merger – after pulling off its ambitious tie-up, Hogan Lovells knows what it must do next

Sometimes it is instructive to judge the progress of a merger not by what has gone right, but by what has not gone wrong.

10 Oct 2014 | 00:15 | secure

inner image When you're 64 – UK life expectancy may be rising but the career of a partner is still pretty short

It's been a very long time since UK law firms were viewed as cosy partnerships offering jobs for life on lockstep remuneration structures allowing earnings to go up in line with partners' ages.

03 Oct 2014 | 00:45 | secure

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Training grounds – why law firms need to overhaul their training programmes

Behind closed doors UK law firms should be gearing up for what could be a training revolution.

25 Sep 2014 | 16:57

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Merger, they wrote? Conflict of interest claim leads to combination confusion

When is a combination not a merger? That's the question being asked of Norton Rose Fulbright as the firm for once attracts attention without adding a single partner to its sprawling empire.

22 Sep 2014 | 12:40 | secure

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Lehman's legacy – many law firms are still feeling the effects of the world's largest bankruptcy

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 | secure

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UK Top 50: all change please, but not just yet

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 | secure

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Getting your priorities right – why timing is everything when it comes to mergers

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 | secure

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Opinion: law firms should not be afraid to cull partners to keep rising talent

Firms have to balance pruning senior ranks with promoting new talent

18 Jul 2014 | 00:43 | secure

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Law's university challenge – firms have raised their diversity game but the obstacles are daunting

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

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Nowhere to hide – shining a light on the financial health of the UK's leading law firms

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 | secure

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Opportunity knocks – global giants have the world at their feet, but size alone doesn't guarantee success

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 | secure

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Lawyers still need a PEP talk – Dentons calls for an end to profits reporting, but it's still a valid comparator

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 | secure

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Debt becomes them – an increase in borrowing may not be a bad thing but firms must tread carefully

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 | secure

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Ever-decreasing circles – firms must do more to promote the benefits of partnership to the next generation

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