Law firm DWF has been valued at the largest amount of any law firm in Britain’s law firm IPO history with a value of almost $US500m (£366m), the firm announced this week. The legal firm intends offering over 78 million shares to provide £95.2 million, according to a Financial Times report.DWF’s offering is the largest […]
UK’s Largest Law Firm IPO – But Can It Enter The Lucrative US Litigation Market? Read More »
Charles Needham* The Practice of law is increasingly doing away with the notion that ‘lawyers’ in the conventional sense are the ones to provide the advice businesses and people require.The need for lawyers is diminishing, with the onset of technology and ‘new-model legal providers’, who are now handling business and personal issues in a wider
Doing Away With Lawyers . . Why ‘The Law’ Is Increasingly Dispensing With Lawyers Read More »
LawFuel subscribers will recall our June 2018 article about London’s top-earning lawyers, which featured David Higgins, among others, who left Freshfields to join the aggressively expansive Kirkland & Ellis.Higgins, a private equity lawyer, made the move that some saw as insulting to his old firm and the Magic Circle, but it was nonetheless followed by
US Magic Circle Spoilers Continue to Disrupt The City Read More »
Big Bucks From Big Law = Toxic Work Environment Say, Junior LawyersTom Bowker – ‘Toxic’ work environments in law firms have been the subject of a contentious letter written by junior UK lawyers, following young laywers struck off after working in difficult conditions.The letter was sent to the UK Junior Solicitors Regulation Authority (SRA) demanding
Big Bucks From Big Law = Toxic Work, Say Junior Lawyers Read More »
White & Case are only part way through their globe-girdling growth path but have now cross over the $2 billion mark in revenues, growing revenues by $246 million in 2018.An ALM report on the firm showed that revenue per lawyer jumped 7.8 percent to $954,000, and profits per equity partner increased 6.2 percent to $2.4
White & Case Shatters the $2 Billion Gilded Ceiling Read More »
Boston Law has just changed with the announcement of a big move by Big Law giant Morrison & Foerster who have announced that they are entering the market after their two most successful years ever.The firm is extending its resources in life sciences and technology, as well as providing additional capabilities in its venture capital
Boston Law Changes With “Headline Grabbing” MOFO Entrance Read More »
How difficult it is for a woman in law to somehow manage a busy and successful legal life and an equally successful private life?It’s a career conundrum that women face and have to deal with in the face of increasing calls for greater achievement and success in the law.A recent Times article on Britain’s highest
Divorce Diva Ayesha Vardag’s Unique Combo of Babies & Divorce Read More »
The divorce of the world’s richest couple – Jeff and MacKenzie Bezos – has been PR-dressed as a breakup between close friends who fully intend to retain their close bonds, as per the announcement below.It could well wind up as the most expensive divorce in history – making ex-wife Mackenzie Bezos the world’s richest woman.Or
Legal Tech trends will continue to buffet the legal business in 2019 – more than ever, in fact. But in a review published by LexBlog, the changes remain significant with major players like Microsoft playing a role.Each year, legal tech changes faster and faster. 1. New Expectations: The age of the client-centered law firm is here.LexBlog
1. Are In-House Lawyers Killing the Law Firm?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
