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 …
It’s been a bleak few years for real estate departments but, after an active 2010 with some major headline deals, the London market is picking up as the regions remain in the doldrums. LB looks at a very different kind of property market Got any advice for a budding young real estate lawyer? ‘Become an …
Several Global London firms were back on the investment trail in 2010 although overall headcount in the top 50 dropped. LB looks at the main movers in the City’s non-UK legal elite. The UK economy may be suffering under the weight of swingeing cuts and, Germany aside, the prospects on the continent may still look …
The latest transatlantic mergers have a few examples to follow. But just what have City mergers delivered for Jones Day, K&L Gates, Mayer Brown and Reed Smith? It’s easy to forget that the transatlantic merger is not a trend confined to the last two years. The most effective way for US firms to enter the …
While several leading Swiss law firms contemplate their new lives as corporations, LB finds out what a series of high-profile partner exits means for Switzerland’s famously conservative legal market This year, Zürich-based law firm Pestalozzi celebrates its 100th birthday. Just ten years ago, it joined forces with Geneva practice Lachenal Brechbuhl Cottier & Roguet to …
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 …
As its economy booms Turkey has attracted the attention of the world’s legal market. Will Clifford Chance and DLA Piper’s arrival mark a new chapter for the country’s local firm? Clifford Chance’s move into Istanbul didn’t exactly take the market by surprise. The announcement that the Magic Circle firm is to open an outpost in …
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 …
