Legal giant Baker McKenzie has announced global revenues for the year ended 30 June 2018 of $2.9 billion, a 10 per cent increase over the previous year.The firm reported revenue increases of up to 10 per cent in all regions with profit per partner up 13 per cent to $1.44 million.The growth was driven by large […]
Karin Conroy*Website design styles change so often, it is difficult to keep up with the trends and new technology. There are a few new trends that have begun playing a major role in law firm websites that we expect to continue to see in law firms that are looking to set themselves apart and present
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[vc_row][vc_column][vc_column_text]Sexual harassment complaints in the law are on the rise, but how difficult is it for former lawyers accused of such behaviour to switch jobs? Not very, it would seem.A WSJ story indicated that opaque hiring practicves in the legal profession make earlier sexual harassment complaint easy to leave behind.The issue is particularly significant in
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Everyone knew the Big Accountants were coming for Big Law, but the race has stepped up with Deloittes now registering a foreign law practice licence in Singapore as it follows the other Big Four firms into the lucrative city-state’s legal market.And that will worry many of the Big Law firms – again. (We reported on
Deloitte Law Joins Big Four Accountants in Law . . But Who Should Be Afraid? Read More »
So what’s the hot new legal area? The space that every fast-moving Silicon Valley market leader needs more than anything else?Privacy lawyers – particularly data privacy attorneys.Whether its Google, Facebook, Salesforce, Twilio . . the list of firms seeking data privacy specialists who can interpret and negotiate the treacherous waters of new laws affecting privacy
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[vc_row full_width=”stretch_row” css=”.vc_custom_1482333351514{background-image: url(http://www.lawfuel.com/wp-content/uploads/2016/08/hero-section-with-white-content-3481.jpg?id=100660) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_column][vc_single_image source=”featured_image” img_size=”full” add_caption=”yes” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]If nothing else, the #Metoo movement has focused attention on sexual harassment in the legal profession at almost every level – including the UK’s recent enquiry that heard about the drink-fueled culture leading to a ‘surge’ in sexual misconduct.The increase in
John Bowie*So what is the main reason for law firms being fired by in-house counsel?According to in-house lawyers (in the US, at least), the main reason is that the firms fail to provide value.The firms themselves, meanwhile, will say that the reason is budgetary – cost overruns and maybe the occasional lack of value.But a
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The fall from grace of one of Big Law’s biggest lawyers – Bill Voge – the chairman of global legal giant Latham & Watkins LLP, is a sexting scandal that demonstrates the ease with which one can fall from great heights for reasons of ground-level dumbness.The WSJ recently catalogued the fall, from the time Voge
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The reporting season for London’s Magic Circle firms has started with some mouth-watering figures emerging, lead by Freshfields’ partner pay packets.So what are the numbers?Leading the field with profit per equity partner (PEP) are Freshfields – £1.73 millionAllen & Overy – £1.64 millionClifford Chance – £1.6 million.All firms displayed revenue increases, ranging from four percent
Top law firm in the world is a lofty achievement and the award this year goes to . . . White & CaseThe Law360 global awards provides the top 20 rankings for firms that have the broadest global reach, a somewhat nebulous factor perhaps but one that has seen the NYC-based White & Case add
