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 …
Discussion over scrapping the single professional indemnity insurance renewal date and consigning the assigned risks pool to history has reignited. LB reassesses the state of play In our report last year, it seemed that the debate over whether to move away from a single renewal date for law firms’ professional indemnity insurance (PII) had been …
Continue reading “Moving the Goalposts – Risk Management Survey Part 4”
With risk management teams struggling to cope with cost and time pressures, the move to outcomes-focused regulation is stretching resources to their limits, despite the best intentions of the SRA.
