The corporate world may have recovered from its 2009 nadir but M&A, capital markets and private equity remained fragile in 2010. For many firms, the emerging markets remain the only bright spot
The Italian legal market has modernised over the past decade as local firms have reacted to greater client demands and the influx of foreign practices. Now there’s greater pressure on fees and billing arrangements Over the past decade the Italian legal market has gradually been modernising, entering its own 2.0 era. Firms have taken a …
Historically, the largest law firms have had a patchy relationship with the profession’s regulators. Can the Solicitors Regulation Authority build bridges? Martin Baker, head of risk and compliance at Taylor Wessing, is sitting in a boardroom in front of a mountain of documents. He has only just read through the first few pages of the …
After getting Beachcroft fit for the modern age, senior partner Simon Hodson and managing partner Paul Murray will run the firm for five more years. Time for a progress report Beachcroft senior partner Simon Hodson (see left) often has his tongue firmly in his cheek when commenting on the industry, but this time he’s deadly …
Over the past decade panels have defined the relationship between law firms and the major banks. But as the nature of those relationships shifts, panels are becoming even more important Mark Harding insists there’s been a shift of power. ‘Previously, with a lot of work, the boot was always on the law firm foot,’ Barclays’ …
The Russian commercial justice system has suffered from image problems in the past, but recent court reforms and a boom in litigation look set to challenge this. LB investigates the impact on the domestic litigation market In 2005, when Anton Ivanov was appointed chairman of Russia’s Supreme Court of Arbitration, the country’s highest commercial court, …
Disputes from Russia and the CIS are an increasingly profitable area for Western firms, even for those without offices in the region. LB looks at how long the trend can continue It’s a time bomb,’ says Dimitry Afanasiev, chairman of the Russian law firm Egorov, Puginsky, Afanasiev & Partners. ‘Given the fact that at some …
Everything seems to conspire to prevent all but the most adventurous and patient of investors from entering Angola. A room at the ‘four star’ Tropico hotel, a 1970s’ block in downtown Luanda, will set you back $500 a night. Once checked in expect to pay $10 for a two-litre bottle of drinking water, $6 for …
Law firms take their training very seriously. LB spent some time in the classroom to see how education has become more than just a break from the billable hour It’s all far removed from a university lecture. The 20 Norton Rose senior associates turn up on time, apparently without a hangover in sight. The lawyers …
In just under two years Simon Davies has restructured Linklaters’ partnership, cut lawyers and offices and ridden the financial crisis. Time for a new strategy Simon Davies sees his job in simple terms. ‘The most important task is developing the strategy and then implementing it,’ says Linklaters’ managing partner. Since April of this year he’s …
