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Law Bonuses Are One Thing, But Orricks Take It One (Significant) Step Further

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Christmas time means Christmas bonuses for lawyers and among the big bonus winners this year have been – surprise, surprise – Cravaths, who have announced some juicy bonuses last month, rising from $15,000 for this year’s class to $100,000 for the 2010/11 classes. But the major bonus announcement has also been matched now by Schulte

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The Largest Law Firms in the UK – And Where Their Major Competitors Lie in Wait

A ‘Good Health’ tick has been provided to the major UK law firms with the revelation of the the largest 200 UK law firms of 2018 revealed with the publication of The Lawyer UK 200: Top 100 2018.  But there are threats to their continued dominance. The rankings show that the largest 200 firms based in the

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Are In-House Lawyers Helping to Kill The Law Firm Model?

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One of the biggest threats facing law firms is from other lawyers – specifically those working for in-house  legal teams. The development has been one that has been occurring with relentlessness for many years, with Law.com reporting last year that 75 per cent of work for legal departments is handled in-house, with more being retained

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What You Need To Know About The El Chapo Trial and El Chapo’s Top Gun Lawyer

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The trial of ‘El Chapo’, aka Joaquin Guzman, has seen his defense lawyer Jeffrey Lichtman, 53, once more thrust into the headlines following his high profile defense of Mafia don John Gotti Jr, who Lichtman kept out of prison for 12 years. Lichtman is representing El Chapo on the international conspiracy indictments filed by the

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Cravath’s Steps Towards The Firm’s Gender Equality: Helping Lead the Way

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Achieving gender equality is one of the law profession’s major issues and so when a major firm – particularly one as gold-plated as Cravath Swaine & Moore – announce that their latest partner intake not only comprises mainly women, but only women, then it’s three cheers for them. It isn’t the first time Cravath has

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Why Big Name Investors Like Mark Cuban & Kobe Bryant Are Investing in Legal Tech

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 Neil Watson* While lawyers are notoriously risk-averse, a number of legal entrepreneurs and non-lawyer entrepreneurs like Mark Cuban are changing the face of the law. Cuban announced this week that he would make an undisclosed investment in an ‘access to justice’ company called Paladin, partnering with legal giant Dentons, the world’s largest law firm by

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UK Boutique Law Firms Who Are Avoiding the Billable Hour

Concept: the time spent

John Bowie – The burden of the billable hour for lawyers has been something that is increasingly being shrugged off by new-age law firms intent upon finding ‘a new way’, such as London’s new legal boutique Trowers & Hamlins. Based in the trendy Atrium in Camden’s markets, the four lawyer firm arose from the disenchantment

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