More on LawFuel
- Freshfields Cut Its European Partners. Its New York Partners Got A Raise.
Freshfields’ US growth ambitions has forced out equity partners across London, Paris and Germany, the Financial Times reported on 13 July, weeks after a pay overhaul left dozens of its roughly 500 partners holding fewer equity points. Freshfields reset its internal exchange rate from $1.60 to the pound down to about $1.30, then handed extra points to its top US earners so their dollar pay held. Points are a share of a fixed pool and Freshfields’ European partners are the pool. The Financial Times reported this week that Freshfields has culled equity partners in recent weeks, with its London headquarters and its Paris and German offices all seeing exits and equity downgrades. City AM ran it as a shake-up to fund the American push, which it is. What neither write-up reached is the ledger entry that explains it, and that ledger entry has been sitting in public since March. Log in to read . . . - The Judge’s Brutal Verdict on the Lawyering Behind Harry’s £50m Mail Disaster
- How Trump Turned Big Law Lobbying Into A Billion‑Dollar Profit Engine
When Donald Trump turned Washington into a rolling policy experiment, most law firms braced for chaos, but a handful quietly built something else: – a brand new profit engine. Lobbying and government‑relations work, once treated as a sideline for politically connected partners, has become one of Big Law’s fastest‑growing business and a new career path for lawyers from DC to Westminster The Trump‑Era Shock For decades, lobbying has sat on the fringes of large law firms and what they traditionally do. There were always a few partners with good contacts, intermittent mandates, and work that was important but they were rarely central to the firm’s story and what the firm really ‘did’. Log in to read . . . - What Does the KPMG Scandal Means for Law Firms and Internal Investigations
- Kennedy’s Report 12th Year of Growth As The Firm Moves Towards Its $1 Billion Target
