Magic Circle Lawyer Moving Towards The US-Style Deal-Makers Tom Borman, LawFuel contributing editor Much has been written about the UK ‘law wars’ and the aggressive battle between the Magic Circle firms and their US rivals. The Financial Times has also noted an interesting merger of roles where lawyers are increasingly playing a banking role in
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The Big Money Australian Law Partners Tom Borman, LawFuel contributing editor Australian law firms have entered the big money zone that has become increasingly normal among the major big law firms in the US and UK. The dollars may be somewhat less, but the reasons for the top pay are the same: meeting the increasingly
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Clifford Chance Steps Up The Lockstep Pay Tom Borman, LawFuel contributing editor It’s raining money for top legal talent and the battle for legal talent has seen Clifford Chance up the ante with a big pay change to their lockstep structure to keep legal talent in the current talent wars. The firm has changed its
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Judge Orders Giuliani Asset Transfer Tom Borman, LawFuel contributing editor On Tuesday, a federal judge ordered Rudolph W. Giuliani to transfer most of his assets and liquid funds to a receivership controlled by two Georgia election workers he defamed after the 2020 presidential election. The orders are a further fall from grace by Giuliani following
UK Law Hourly Rates Take An Upward Hike Tom Borman, Big Law contributing editor Britain’s top law firms have hiked hourly fee rates by nearly 40 percent for the top 10 law firms according to a new survey from PwC. The survey of the UK’s top 100 law firmsshowed that average hourly rates at top
Paul Weiss Partner Scalp No. 16 From Kirklands And so it continues . . another week, another Kirkland & Ellis partner joins Paul Weiss in London. The latest to join the firm is Revathi Raghavan, as a partner in Paul Weiss’ s Investment Funds Group in London. Raghavan is a financial regulatory lawyer with extensive
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Big Law AI Hire Tom Borman, LawFuel contributing editor Big Law firms increasingly appoint dedicated executives to lead their AI initiatives as the AI revolution envelopes the legal profession. Recent hires at leading firms include Akin Gump Strauss Hauer & Feld and McDermott Will & Emery, both of which have created new leadership roles focused on AI.
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The Law Firm Taking on Corporate Giants Tom Borman, LawFuel contributor In terms of legal careers Yorkshire-bred lawyer Martyn Day has one of the more colourful. The co-founder of US-style, no-win, no-way lawy firm Leigh Day, co-founded by Day, has become synonymous with David-vs-Goliath legal battles. His latest legal escapade is the battle against Harrods
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Big Law Disrupters Tom Borman, LawFuel contributing editor Two of the most successful big law disrupters, Paul Weiss and Freshfields, have shown their flexibility with a healthy dose of ambitious growth to help reshape the landscape of the global elite legal market. By concentrating on complex, high-profile cases and major corporate and private equity transactions,
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The New Big Law Playbook: Less is More Tom Borman, LawFuel contributor There is a new reality creeping into the world of Big Law and it is the developing practice of closing offices as they move away from the ‘grow or die’ strategy into the consolidation phase. And the reason for consolidation, in large part,
