Welcome to the Salaried Partner Australian law firm partnership structures are under pressure following high growth and intense competition for top legal talent. The result is a growing move towards salaried partnership arrangements as the pressure goes on traditional equity allocations. This follows trends in other jurisdictions, such as the ‘black box’ pay model that […]
The Shifting Sands Of Australian Law Firm Partnerships Read More »
A Lull In Law Merger Activity In the evolving landscape of legal practice consolidation, the first half of 2024 has witnessed a subtle yet notable shift in merger dynamics among law firms. While the overall number of completed mergers has marginally increased, the landscape for large-scale combinations remains relatively quiescent. According to recent data from
Are Large Law Firm Mergers Being Discussed Behind Closed Doors? Read More »
The Lady Gaga Callout Powerful Manhattan law firm Grubman, Shire, Meiselas, and Sacks has ended its longstanding relationship with Sean “Diddy” Combs following pressure from profile clients like Lady Gaga who issued the ultimatum: dump Sean Combs or we leave. Lady Gaga and others threatened to leave the leading media and entertainment law firm if
Law Firm Bows To Lady Gaga’s Call To Dump Sean ‘Diddy’ Combs Read More »
Leading global professional services firm Alvarez & Marsal announced the formation of its Alvarez & Marsal Legal Services (AMLS) business, which will provide management and consulting services to law firms worldwide. AMLS gives access to world-class technology and outsourcing services to improve the effectiveness and efficiency of back-office functions including finance, human resources and legal operations, such as document
Leadng Professional Services Firm Forms Legal Services Division For Law Firms Read More »
Kirkland & Ellis has achieved a notable milestone in the competitive world of mergers and acquisitions (M&A) reaching the top of the league tables compiled by sources such as Dealogic and LSEG, which monitor the volume of M&A transactions advised by law firms. In 2023, Kirkland & Ellis, Number 8 on LawFuel’s Most Prestigious Law
Brad Karp the head of Paul Weiss is known as one of the most powerful lawyers in America and one of its most visionary. A big law leader who continues to exert influence over his clients and profession
Brad Karp: The Star Lawyer Running The Top Power Law Firm Read More »
A recent study conducted by economists from the Massachusetts Institute of Technology (MIT) and the University of California, Los Angeles, has added to the ongoing debate about remote versus in-office work which has led to an increasing number of law firms in multiple jurisdictions imposing office attendance requirements. The research reports indicate that full-time remote
Working From Home Results in Lost Productivity, Says University Study Read More »
Business development for law firms involves having a structured and planned process involving key steps and the discipline to follow them.
10 Steps for Lawyers to Streamline their BD Process Read More »
It serves as a guidepost for the firm’s direction and values, and can help attract clients and employees who share its vision. To create an effective mission statement, a law firm should be clear, focused and involve input from the whole law team.
Australian law firm Maddocks is to introduce a survey to determine whether remote work or working at the office produces greater efficiency and effect for lawyers
Remote Work vs Office Work: Who’s More Effective and Efficient In A Law Firm? Read More »
