Weil Waves China Goodbye Another big law firm has decided to close up shop in China with Weil Gotshal & Manges now closing its operation in Shanghai following the closing of its Beijing office. Weil Gotshal plans to consolidate its legal services in Hong Kong. The firm’s spokesperson stated, “We will be working out the […]
Linklaters has elected 27 new partners and promoted 49 lawyers to counsel across its global platform, with effect from 1 May 2024. The new partner cohort includes: The firm has again met its annual 40% target for female partners elections and its 15% target for under-represented minority ethnic partners in partner elections annually (UK &
Linklaters announces 27 new partners and 49 counsel Read More »
Herbert Smith Freehills has announced four senior appointments to its global ESG leadership team to lead its growing ESG practice across the UK, US and EMEA The firm’s global ESG practice combines in-depth knowledge of current political trends with expertise across the fast-growing array of sustainability -focused regulations, voluntary initiatives and business megatrends. Led across
Expanded leadership team for Herbert Smith Freehills’ growing ESG practice Read More »
The Continued Rise of the Class Action Lawyer Ben Thompson, LawFuel Contributing Editor Recent successes in class actions from the United States to Australia have been the continued rise of class action lawyers and their potential to build hugely remunerative business models that could see substantial growth in the future. Will class actions see class
Class Action Billions – Will Class Action Lawyers Fuel A Global Litigation Boom? Read More »
Orrick Reduces China Footprint LawFuel Contributing editor Jacqui Coombe Law firm retreats are normally restful and instructive, but the Big Law firms retreat from China continue in a different vein as Orrick, Herrington & Sutcliffe announced this week that it would reduce its footprint in China by centralizing its operation to Beijing when the Shanghai
It’s a tough life at the big law firms, but for young lawyers seeking a seat at the big law table they are having it removed from them by one major firm – Clifford Chance. The reason? They failed the UK Solicitors Qualifying Exam (SQE) which has seen four Clifford Chance trainees have their contract
Big Law Bites: No Second Chances For Newbie Lawyers At Clifford Chance Read More »
Slaughter and May has promoted five lawyers to partner across its London and Brussels offices, half the number promoted in 2022 and the lowest promotion round numbers since 2021 in a reflection of a weaker market for legal services at present. With over 550 lawyers, Slaughter and May is very much one of the LawFuel
Big Law Promotions: Slaughters Cut Promotions Back Read More »
Big law layoffs continue with Bryan Cave releasing 50 lawyers
Big Law Layoff File: More Layoffs From Bryan Cave Read More »
No sooner have we written about the PEP earnings of big law firms when Kirkland & Ellis come out with a report (from Law.com) showing revenues growing to $7.21 billion and their profits per equity partner (PEP) rising to $7.96 million. Despite the high profile departure of law stars like London-based Neel Sachdev to Paul
Kirkland & Ellis PEP Growth Creates $8 Million Dollar Men (and Women) Read More »
LawFuel contributor Ben Boman writes on law firms profitability and statistics Profits per equity partner (PEP) growth for big law firms is increasing for US law firms and exceeding the revenue growth for law firms. The trend demonstrates significant changes within the US law profession as some firms – for instance, such LawFuel prestige law
PEP Talk At Big Law Firms Is Up – But Revenues Are More Often Down Read More »
