Allen & Overy and Shearman & Sterling Form Unprecedented Global Elite Law Firm Two big law powerhouse law firms, Allen & Overy and Shearman & Sterling have announced their merger to establish what they consider to be the world’s first fully integrated global elite law firm. Allen & Overy senior partner Wim Dejonghe (above) said […]
Legal Powerhouses United in Elite Law Firm Mega-Merger Read More »
A survey on the career values of Gen-Z lawyers and law students, revealed that they prioritize work-life balance and flexibility over joining BigLaw firms and making partner. The key question raised is: how will law firms adapt to meet the changing career values of the next generation of lawyers?
Cravath are restructuring their long-established London office with a scale back on lawyer numbers, something the ‘Cravath Scale’ prestige law firm has not done before
Layoffs at Prestigious Cravaths Highlight Evolving Legal Landscape Read More »
Rich list law firm Withersworldwide has sought a capital contribution from junior partners, the first major law firm to seek capital from partners in the current rrecession
Rich List Law Firm Needs To Cough Up Its Own Money Read More »
US biglaw firm Squire Patton Boggs has opened an office in Ireland with plans to employ 50 staff in the Dublin office in the next few years with an increase in work from Ireland in what firm leaders said was a ‘dynamic economy’. The firm’s announcement is carried below – Global law firm Squire Patton
Allen & Overy has increased the salary for newly qualified (NQ) lawyers to £125,000 ($174,000), matching the pay rates at Magic Circle firms Clifford Chance, Freshfields and Linklaters. NQs in the London office have seen a 16% pay increase from £107,500 as of 1 May. Slaughter and May is the only Magic Circle member paying a lower NQ salary, at £115,000.
London Law Firms Compete for Top Talent: NQ Salaries Soar to Keep Pace with Demand Read More »
SDNY General Crimes Unit Co-Chief Jordan Estes Joins Kramer Levin’s White Collar and Government Investigations Practice
Lewis Brisbois Bisgaard & Smith, a major law firm, has experienced a significant walkout of at least 100 lawyers who have announced their intention to join a new firm called Barber Ranen. According to John Barber, the former chair of Lewis Brisbois’ employment practice, as many as 140 lawyers could eventually leave the firm to
Biglaw Meltdown: 100+ Lawyers Depart from Lewis Brisbois to Form New Firm Read More »
Clifford Chance move closer towards their goal of 40 percent women partners with the latest election of 32 new partners
Clifford Chance Elect 32 New Partners and Move Closer To Female Equity Read More »
Kirkland & Ellis has the highest revenues of any law firm in the world, but its 2022 financials showed a subdued return for the big law firm.
