Against a backdrop of global stressors from conflict to trade friction and drivers for change such as global warming and the emergence of AI, Latin America presents a complex socio-political mosaic, currently, impacting both investor confidence and legal service provision. From Argentina to Venezuela, the region has rarely seen so many elections or so much …
They say that Brazil comes to a halt on three occasions: Carnival, the World Cup and elections. It is no surprise therefore that the combined weight of these events in 2022 made for an unusual start to the year that followed. A fraught election in October 2022 saw Workers’ Party leader Luiz Inácio Lula da …
Clandestine conversations, a recruitment strategy on steroids, eye-watering salaries and internal politics galore, the Paul Weiss/Kirkland story has enough drama in it to keep the attention of even those outside the legal market. For City partners, the interest in what’s going on has been off the scale.
The easy narrative is that the party is over. After years of rapid expansion by international law firms in London, 2023 saw lawyer headcount at Global London firms inch up by just 1.8% – a figure which appears to provide confirmation that the City interlopers are finally starting to apply the brakes in London as …
Continue reading “After the party – market slowdown pushes US leaders to take stock in London”
Despite growth slowing amid a stuttering deal market in 2023, the Global London law firms have cut a swathe through the City over recent years, with their purchasing power enabling them to consistently acquire market share in London. The Legal 500 rankings offer detailed insight into the scale and focus of this growth – as …
Last month’s launch of Legal 500 EMEA 2024 featured rankings for 15,496 firms throughout the EMEA region, alongside the individual rankings of thousands of lawyers across multiple business practice areas. After crunching the numbers, our analysis revealed that the growth in both firm and individual rankings was consistent across all regions with countries from Africa, …
Continue reading “Legal 500 EMEA: Which countries have seen the biggest rankings increases?”
Lateral hiring saw a notable pickup during the first quarter of 2024, with partner moves across sectors from litigation to corporate, finance, and restructuring, to ESG, energy and competition. Global London firms were especially busy during this period, often to the detriment of their Magic Circle peers. While Paul Weiss has been making headline-grabbing hires, …
Continue reading “Moves of the month: recruitment market picks up as leading firms think laterally”
While there is no shortage of fast-growing US firms in London, Paul Hastings is a notable standout, increasing London lawyer headcount by 68% over the past five years with a steady stream of eye-catching hires. However, this rapid growth has also come with departures as the firm repositions itself in the City, and yesterday (2 …
Continue reading “Paul Hastings finance partner leaves for Davis Polk as London churn continues”
In Brazil, in October 2023, according to data from the National Council of Justice, there were 84 million cases pending in the country’s courts. The Brazilian judiciary, for example, adjudicates, on average, four times more cases than similar institutions in European countries. Brazil has the highest number of lawyers per capita in the world. In …
