With Portugal’s recession expected to continue for at least another two years, the country’s law firms have no option but to go abroad. LB assesses whether their international strategies are paying dividends As any schoolboy will tell you, Portugal has a proud tradition as one of Europe’s foremost explorers. The era of Henry the Navigator …
As Portugal considers the implications of its recent €78bn bailout, LB assesses the impact it will have on the legal market and how Portuguese law firms can survive in an economy stuck in limbo By the time that this issue of Legal Business hits desks, Portugal will be on the brink of electing its new …
Brazil’s economic growth and status in the global economy has helped create one of the most sophisticated legal communities among the emerging markets The legality of foreign law firms having local associated practices may grab some of the headlines, but Brazil’s relentless economic expansion and the growth of international deals in the market has been …
The Brazilian Bar is taking a stand against foreign firms that work alongside local associated practices. Few in the market are now prepared to bang the drum for local alliances Hostility within the Brazilian legal market, especially São Paulo, could hardly be more intense. The Brazilian Bar Association, Ordem dos Advogados do Brasil (OAB), recently …
The fourth Legal Business/Marsh round table brought together a group of risk managers to discuss the changing regulatory landscape and how they manage their risk functions It is perhaps not surprising that the fourth risk round table hosted by Legal Business and Marsh was dominated by one subject. The Solicitors Regulation Authority’s new Code of …
Despite the increasing popularity of arbitration, a significant number of clients have been disappointed by the performance of an arbitrator. LB asks what can be done to improve faith in the system When something gets a mention in the Chancellor of the Exchequer’s Budget speech, it is usually important. So when George Osborne spoke of …
After a failed merger, a drop in both revenue and a profits, and a slew of partner departures, Simmons’ new managing partner Jeremy Hoyland certainly has his work cut out. Can his plans for change deliver? Jeremy Hoyland’s timing has always been a little off. He qualified just before the 1990s’ recession, tried to launch …
Improved relations with Russia and accession to the European Union are helping to transform Cyprus as a financial hub. LB looks at the impact on the local legal community. Cyprus is fast approaching a tipping point in its international development. It may be an island of less than one million people, with a total of …
Old money still resides in the US and Europe, but private wealth growth has exploded in China and India. Wealth management teams at some UK law firms are matching the needs of a new wave of global clients by offering high-end, commercial advice on an increasingly global platform
The past 12 months have been marked by a steep increase in industrial action impacting a number of major corporates. LB talks to the small group of firms manning the picket lines It’s all a long way from beer and sandwiches at Number 10. Now, more than ever, large corporate employers are fighting threatened strike …
