Comment: The fundamental things – SJ Berwin and the problem with legal conglomerates

At the time that SJ Berwin combined with King & Wood Mallesons there were plenty of reasons to be optimistic. The firm had eyed a global merger for years, KWM was a much-fêted Asia-Pacific giant with a commanding position in China’s fast-growing legal market and the deal was in general welcomed by its partnership (in …

Fragmented and naïve: the profession’s failure to penetrate Whitehall

Two pieces this month touch on a common theme: the profession’s failure to influence government. The first touches on the policy issues that have most commonly put the profession into conflict with government: the provision of legal aid, in our coverage of the unprecedented strike by publicly-funded lawyers. In the second, in our Global 100 …

The fundamental things – SJ Berwin and the problem with legal conglomerates

At the time that SJ Berwin combined with King & Wood Mallesons there were plenty of reasons to be optimistic. The firm had eyed a global merger for years, KWM was a much-fêted Asia-Pacific giant with a commanding position in China’s fast-growing legal market and the deal was in general welcomed by its partnership (in …

Forget the trusted adviser – the sacred cows of the modern GC

As an opinionated and jaded observer of the legal industry, it’s rare I read commentary so on point that it not only strikes a chord but that I wished I’d written it. We bring you one such piece this month from LBC Wise Counsel founder Paul Gilbert, tackling head-on much of what remains culturally unsound …

The right questions – The client view on innovation

In a flagship report last year, we teamed up with BLP to assess the state of innovation in law – and the role of leaders in forcing through change within conservative law firms. We assemble a group of GCs and academics to get the client perspective Innovation it seems is everywhere and nowhere in the …

NYLon – if you can make it there…

If there is one big trend in the analysis of Legal Business in recent years it is the encroaching existential threat represented by US-bred law firms. That could be termed ludicrous simplification given the differences between individual law firms both US and homegrown but in many respects it remains a generalisation that speaks to profound …

What can you be sure of as the LB100 goes down the rabbit hole?

It’s common in the legal industry to talk about unprecedented change but there are many rules of professional gravity unchanged for 20 years to keep feet on the ground and most lawyers in their place. For one: top-tier City firms were far larger, more international and at least twice as profitable as their mid-tier and …