LB301 – issue menu
Access your print copy online – LB301
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Limited version Continue reading “Access your print copy online – LB301”
Global London: Turbulence expected
Overview: Flying hiatus
Covid-19 has intensified the divide between the Global London firms that have really taken off and those that remain grounded
Focus: Cooley
Focus: Simpson Thacher & Bartlett
Main table
Non-US firms in London: On standby
Five years ago, partners at European firms’ London offices voiced their fears over the possibility of the UK leaving the EU. What happens now this is reality?
The Last Word: Law in a time of Covid
To mark the launch of our 2021 Global London report, we asked senior figures at leading US firms for their thoughts
Sponsored briefing: Paul Hastings – Running a people business
London chair Arun Birla discusses maintaining the personal touch in a time of Zoom fatigue
Global London: Flying hiatus
While no two years are ever quite the same in the world of Legal Business’ Global London report, the story can usually be summed up as one of bifurcation. It tells of the dynamic high-flyers and those foreign firms whose London practices have yet to take off the ground.
For years there has also been a relative predictability in the worry lists of City leaders of non-UK law firms – concerns around London’s place on the world financial stage post-Brexit, an overdue downturn and the perennial challenge of keeping a grip on market share in an ever-more competitive arena. Continue reading “Global London: Flying hiatus”
Global London: Non-US firms in London – On standby
The issue on every European partner’s lips in our Global London report in 2016 was the outcome and fallout of the UK’s Brexit referendum on 23 June that year. Even then, just a few months before the vote, there was a palpable hope that Britain would not do the unthinkable. Those hopes were soon dashed. With the transition period ending on 31 December 2020, the UK has officially left the EU. What does this mean for the London strategies of European firms that have maintained small but effective London offices? Is it time to pack their bags?
Despite the uncertainties non-US firms based in the City have faced in the past five years, there is notable confidence over the importance of the location and the sustainability of a London practice beyond 2021. Continue reading “Global London: Non-US firms in London – On standby”
‘Living at work’ – the lessons for law firms from a year at home
‘It’s been challenging for everyone. Whether you’re living alone, or with children who need homeschooling, with teenagers who need emotional support or you’re caring for elderly parents – no-one has been unaffected,’ says Slaughter and May real estate head Jane Edwarde on the impact the last year has had on the profession. ‘A year is a very long time for any human being.’
Like many aspects of all of our lives, the way law firms operate has been turned on its head over the last 12 turbulent months. Gone (for the time being at least) is any stigma that working from home is less productive than long hours in a busy office, but gone too are the career benefits of spontaneous social interaction with clients and colleagues, and any semblance of a divide between work and home life. Continue reading “‘Living at work’ – the lessons for law firms from a year at home”
LB300 – issue menu
