Legal News

  • Norton Rose to launch antitrust practice in Italy with Links hire

    Sep 07 2010 Norton Rose has hired Linklaters’ competition and antitrust head Andrea Zulli, who will launch the firm’s antitrust, regulatory and competition practice in Italy. Zulli was a managing associate in Linklaters' Milan base, and will see promotion to partner when he joins Norton Rose in the... more
  • Cleary advises Brazilian oil and gas giant on $75b share sale

    Sep 07 2010 Cleary Gottlieb Steen & Hamilton is advising Brazilian oil and gas giant Petrobras on a massive $75 billion share sale, which will finance the development of offshore oil fields. $42.5 billion worth of new stock in the state-owned company was issued to the Brazilian government in exchange for... more
  • London's top earners see billings drop by £875,000

    Sep 07 2010 New figures show that partners in London’s top 10 law firms saw their fees drop by an average of £875,000 per partner during the economic downturn. Recruitment consultant Ambition reports that the UK’s largest law firms billed £2.4m per partner, down from 2008 when the top 10 firms billed £3.3m... more
  • ‘Diversity’ in US law firms is a sham, according to report on female equity partners

    Sep 07 2010 A new report takes a detailed look at female equity partners in major law firms, using survey data to build a statistical picture of professional prospects for women in the industry. Some key statistics from The American Lawyer report include the fact that women make up only 17 per cent of... more
  • US legal sector gains 1000 jobs in August

    Sep 06 2010 The US Bureau of Labor Statistics' has reported that the US economy lost 54,000 jobs in August. But things were looking ever-so-slightly better in the legal industry, with 1000 new jobs created in the second consecutive month of improved job figures for the sector. The figures record that... more
  • US firms Lathrop & Gage and Kamlet Reichert conclude merger deal

    Sep 06 2010 Kansas firm Lathrop & Gage and Denver firm Kamlet Reichert have agreed to merge under the Lathrop name. The merged firm will have a headcount of close to 300 lawyers. "It's exciting to add the sophisticated corporate and real estate acumen that Kamlet Reichert attorneys provide, not only in... more
  • Discretionary bonuses dropping, says US survey on in-house lawyers

    Sep 06 2010 A survey into compensation for in-house counsel has reported that pay has dropped across the board in the past year, and even top lawyers at major corporations are affected. While salaries and stock awards have increased slightly over the period, discretionary bonuses dropped nearly 40 per cent.... more
  • UK Firm Addleshaw Goddard called in £15.6m in partner contributions

    Sep 06 2010 Addleshaw Goddard partners contributed a massive £15.6 million to the firm in the last financial year, according to recent reports. The news highlights the difficulties faced by the firm in the past year, during which it was forced to make 19 partners redundant amid a slew of other... more
  • Arbitration processes don't live up to promise

    Sep 03 2010 The promise held out by the arbitration industry is that it will be quicker, cheaper, and more private than litigation. Many litigators, however, have found that the system has not lived up to this promise. Arbitration processes more sophisticated than ever before, with discovery and pretrial... more
  • Many Halliwells partners are still in the hole

    Sep 03 2010 Some Halliwells partners still owe on loans of more than £500,000, after borrowing money to finance contributions to the firm over the past few years. The troubled firm called on partners to double their usual contributions to the firm in 2008, and earlier this year 28 partners raised a... more
  • Ballard Spahr hires King & Spalding IP litigator

    Sep 03 2010 Ballard Spahr has hired intellectual property litigator Katrina M Quicker, formerly a partner at King & Spalding. Quicker joined the partnership at Ballard Spahr two weeks ago. Quicker explained that the move was motivated by a desire to work with Lawrence K Nodine, the partner-in-charge of... more
  • Grant & Eisenhofer boost NY antitrust practice

    Sep 02 2010 Top securities and corporate governance law firm Grant & Eisenhofer, has bolstered its New York antitrust practice with the appointment of Linda P. Nussbaum as a director and John D. Radice as a Senior Counsel. Stuart Grant – the firm’s managing director and co-founder – said: "Together,... more
  • Firms cut costs to battle declining revenues

    Sep 02 2010 A new survey indicates that small and midsized firms saw declining revenues during 2009 as a result of tough economic circumstances, but cuts in expenses resulted in small increases in profits. The Survey of Law Firm Economics, a joint project of ALM Legal Intelligence and The National Law... more
  • Mid-level associates are not happy

    Sep 02 2010 The American Lawyer has conducted a survey focusing upon mid-level associates, finding that overall satisfaction level is down to the lowest level in six years. The findings might be surprising, since these lawyers could be considered lucky to have been spared the axe in tough economic... more
  • Addleshaw Goddard borrowed £14.5m in 2009-10

    Sep 02 2010 UK firm Addleshaw Goddard took out a £14.5 million loan and asked partners to contribute £15.6 million to the business in the last financial year, according to the firm's limited liability partnership filings. The bank loan increased the firm's overall borrowings to £20 million. Addleshaws... more
  • Law firms block access to 'Firm Spy' gossip site

    Sep 01 2010 Two leading Australian law firms - Mallesons Stephen Jaques and Clayton Utz - have banned a website that publishes law firm gossip. ‘Firm Spy’ seeks to publish news of industry redundancies, pay freezes, and ‘dodgy corporate behaviour like forcing staff to take annual leave during the... more
  • Dechert hires alternative investment expert from SJ Berwin

    Sep 01 2010 Dechert has announced the hire of partner Achim Pütz, the former head of German financial markets at SJ Berwin. Pütz will join the firm’s Munich office, and is followed by associates Frank Wilbert and Martin Hüwel. Dechert’s financial services co-head Peter Astleford said: “Achim’s arrival... more
  • High fee potential in family law? BigLaw may want to take a look

    Sep 01 2010 The view that family law is not lucrative enough to attract the interest of large law firms may be changing, in light of a recent series of divorce cases that earned high fees for lawyers and involved complex legal issues. This article takes a look at a number of recent cases that might... more
  • King & Wood hire top international arbitration talent from Pillsbury Winthrop

    Sep 01 2010 Top Chinese firm King & Wood has recruited Mary "Meg" Utterback to the firm’s Shanghai office. Before being hired by King & Wood, Utterback was the managing partner for Beijing at Pillsbury Winthrop Shaw Pittman, working international arbitration. more
  • Allens leads A$3.4 billion Canadian deal

    Aug 31 2010 Allens Arthur Robinson has taken a leading role in the proposed A$3.4 billion deal for the acquisition of Intoll Group by Canada Pension Plan Investment Board. Canada Pension Plan Investment Board has put forward a proposal offering Intoll security holders the option of receiving A$1.52 cash... more

1 2 3 4 5