Well, it is nearly over and few in the profession will mourn the passing of 2016. Not since the banking crisis of 2008/09 have 12 months so drastically recast the environment in which law firms ply their trade, most strikingly, of course, in June’s vote for Britain to quit the EU and November’s election of …
Continue reading “After shocks of 2016, law leaders may need to start thinking”
It is often rightly noted that law is a conservative old game, as can be gleaned from the identikit strategies of City law firms. Invest in transactional work and international offices, manage your partnership proactively, half-heartedly corporatise the business and hire a load of non-lawyer professionals with dubious mandates. Makes sense right? Except when everyone …
Continue reading “What does Mishcon know that your managing partner doesn’t?”
Though it will be outdated by the time this issue hits desks, I am professionally obligated I suppose to return to the subject of King & Wood Mallesons (KWM) as the firm’s troubled European business reaches what must be the decisive chapter of its post-merger tale. With the recapitalisation deal having failed to secure the …
Continue reading “Buck-passing and buyers’ remorse as KWM saga nears end”
There is a school of thought that the late 1980s and early 1990s proved singularly fertile ground for developing outstanding corporate lawyers. You can see the logic. The deregulation of Big Bang ushered in fresh investment, players and techniques and unleashed a wave of activity to be swiftly followed by the early 1990s’ recession.
Pity the poor pundit obliged to come up with an opinion on the obtusely-forged union of CMS Cameron McKenna, Nabarro and Olswang. Despite representing one of the largest legal mergers in the UK, taking a view on the tie-up, good, bad or indifferent is challenging, not least because the trio have so far been strikingly …
Continue reading “Comment: Camerons double merger adds up but will it multiply?”
There is a school of thought that the late 1980s and early 1990s proved singularly fertile ground for developing outstanding corporate lawyers. You can see the logic. The deregulation of Big Bang ushered in fresh investment, players and techniques and unleashed a wave of activity to be swiftly followed by the early 1990s’ recession. Young …
Continue reading “Turbulence to shape next generation of M&A stars”
Pity the poor pundit obliged to come up with an opinion on the obtusely-forged union of CMS Cameron McKenna, Nabarro and Olswang. Despite representing one of the largest legal mergers in the UK, taking a view on the tie-up, good, bad or indifferent is challenging, not least because the trio have so far been strikingly …
Continue reading “Camerons’ double merger adds up but will it multiply?”
As Legal Business gathered a group of the legal elite at the top of Tower 42 to debate the issues facing the world’s top law firms – the question arose as to whether anything truly threatens law’s premier league.
Inevitably with an event as dramatic as Brexit, the unintended consequences keep coming. One of the less noted is the 11th hour reprieve it has granted the Law Society, which in the spring was looking on course to lose much of its fund-raising powers as part of a government review.
Inevitably with an event as dramatic as Brexit, the unintended consequences keep coming. One of the less noted is the 11th hour reprieve it has granted the Law Society, which in the spring was looking on course to lose much of its fund-raising powers as part of a government review. Obviously, the administration of Theresa …
Continue reading “A period of silence from the profession on access to justice would be welcome”
