Law Firms

Big Law Belt Tightening Hits Both Younger & Older Lawyers as The Pandemic Bites Law Firms

In the new era of COVID-invoked recession law firms are developing new strategies to cope with a downturn in work and revenues. Beyond furloughs, pay cuts and layoffs (disclosed or undisclosed), the firms are preparing for their own lockdowns in terms of staffing at both incoming and outgoing lawyer levels. Ropes & Gray have announced […]

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Prestigious UK Law Firm Investigated Over Money Laundering Issues

Mischcon de Reya is one of the more prestigious law firms in the UK, gaining prominence for its 1995 representation of Princess Diana in her divorce from Prince Charles. However more recently it has been at the centre of a complex investigation by anti-money laundering investigators. The Guardian has reported that solicitors from the Solicitors

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What Makes A Great Managing Partner in a Law Firm?*

*According to a leading legal journalist who has gossiped and drunk with many Drinking with managing partners can be a challenging pursuit, even for a legal editor like Alex Novarese of Legal Business. But it does help provide some interesting and perhaps more honest appraisal of where the legal industry is going after the upheavals

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How Will The Impending Insolvency Crisis Affect the Legal Profession?

The impending insolvency crisis in the wake of the COVID-19 pandemic raises key questions for company directors and lawyers – such as what choices directors should make in the ‘insolvency environment’. A seminar on the insolvency law landscape and its effect upon the legal profession is the subject of a forthcoming webinar coming in the

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Feedback Form: 2021 Power Law List – Who Are The ‘Power Lawyers?’

Let us know who you think should be on the 2021 Power List LawFuel uses a range of lawyers in private and public practice to assess the significant ‘power’ players on the New Zealand legal scene at present. We list our annual 50 ‘Most Powerful’ and also welcome feedback from our subscribers and others able

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Leading Lawyer Joins the Bar

Jeremy Johnson has joined the Bar, leaving Wynn Williams the firm he joined in 2008. As signaled in our article on the new ‘Heavy Hitters’ that Jeremy Johnson was about to join the bar, noting his increasing work in complex disputes and litigation. He joins Bankside Chambers, who operate from Auckland and Christchurch. See: The

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The ‘Eat What You Kill’ Mindset Means More Law Partners Taking Work From Juniors To Beat Billing Targets

partnership benefits

Partners at US law firms are taking a greater share of the work from junior colleagues during the pandemic, research suggests, as solicitors adopt an ‘eat-what-you-kill’ mindset. Thomson Reuters’ ‘peer monitor index’ – which evaluates the performance of the largest US law firms based on demand, productivity, rates, direct expenses and overheads – found that the

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Australian Law Firms More Resilient Than Others in The Face of the Pandemic

The global pandemic has affected Australian law firms less than many others globally, although it is seeing partners everywhere working harder. The Thomson-Reuters State of the Legal Market: 2020 report showed higher demand from clients and revenue for the Australian firms with legal services rising by over 6 per cent for the final quarter of 2019-20 compared

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Forget the Slow, Step Change for Law Firms – How the Pandemic Is Pushing Law Firms 3 Years Into The Future

The coronavirus pandemic and lockdown has changed the way we all live, but for law firms it has also served to accelerate many three years into the future, according one consultant. Firms are being forced to make ‘next-generation’ changes that will give them a competitive edge, says UK Crowe business advisory partner Ross Prince. Law

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7 Developing & Lucrative Non-Law Careers For Lawyers

Dan Garner – The pandemic and increasing law career options mean more lawyers than ever are seeking non-law careers, a law degree providing an ideal base for developing work in a wide range of fields, but there are some developing areas of opportunity for lawyers, with seven we have identified below. We have written on

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