Good news for senior associates in emerging markets: there are now more partners than ever being made up in Asia. If you are an aspiring associate in Asia or Australia you stand a much greater chance of making partner at a UK firm now than five years ago. According to data collected by LB, this …
Continue reading “Emerging markets dominate 2012 partner promotions round”
Linklaters has joined the ranks of its Magic Circle peers by moving into the Australian market via an alliance with Allens Arthur Robinson (AAR). The alliance, which went through on 1 May, was planned over a year ago, according to a source close to the firm. AAR, which had operated an exclusive relationship with Slaughter …
Continue reading “Australia tempts yet another major international player”
In-house teams are generally cutting back on legal spend with law firms but IP is a trend buster. As budgets continue to be squeezed, how can law firms run profitable IP businesses that offer good value? According to his biography, published late last year, the late Steve Jobs was so incensed by Android’s alleged similarities …
With troubled US firm Dewey & LeBoeuf on the brink of collapse, a number of firms have already stepped in to boost their City offerings by providing homes to small groups of partners. Twenty-four of the firm’s 33 London partners had plans to leave the firm at press time. Morgan, Lewis & Bockius has emerged …
Continue reading “Rival firms benefit from imminent Dewey collapse in City”
There is something momentous unfolding in the Gulf. The wave of protests and general revolutionary feeling that has swept through the Middle East since December 2010, otherwise known as the Arab Spring, has seen governments ousted in Tunisia, Egypt, Libya and Yemen, while civil unrest has even battered the traditionally stable reputations of financial centres …
Quinn Emanuel Urquhart & Sullivan has ruffled Allen & Overy (A&O)’s feathers in London after the US litigation specialist hired the Magic Circle firm’s global arbitration chairman Stephen Jagusch and fellow partner Anthony Sinclair in May. The firms are understood to be locking horns over the departure terms, with a deal yet to be struck. …
Continue reading “Quinn Emanuel snags A&O London arbitration duo”
In early May, members of Dewey & LeBoeuf’s management team left the firm. One headed for the greener pastures of O’Melveny & Myers; one headed for a new home at Winston & Strawn; while the others went to Proskauer Rose and Arnold & Porter. Online message boards lit up like a Christmas tree, with commentators …
On the face of it, news that Bristol-based TLT is to open simultaneously in Scotland, by acquiring niche firm Anderson Fyfe, and also in Belfast, by hiring a small team of local lawyers, is hardly earth-shattering. But while the news may be dominated by major international firms’ expansion plans in Asia, or even significant full-scale …
As the Swiss Verein legal structure becomes increasingly popular among global law firms, the debate hots up over whether its use is a true representation of global expansion. But what is a Verein and who does it benefit? The Swiss Verein is all the rage. Law firms have turned to the legal structure to help …
Leading insurance firms that reported unprecedented revenue and headcount growth in their counter-fraud teams in 2011 expect this trend to continue in 2012. Many firms have some capability in insurance fraud, however the biggest reported growth in the sector is undoubtedly within motor fraud. This is a practice area dominated by regional and national firms …
Continue reading “Scams driving another bumper year for insurance firms”
