UK and US firms are set to grab more than half of all Germany’s commercial legal work and a third of mainland Europe’s business law market within the next five years, according to a groundbreaking survey of 100 independent law firms. But despite the continuing expansion of Anglo-Saxon firms into their market, Europe’s domestic law firms are predicting strong growth of their own over the same period, especially in France and Italy.

These are the key findings of Legal Week’s inaugural survey of independent law firms in Europe, which suggests that domestic European firms are regaining confidence after the dramatic expansion of UK- and US-headquartered firms into their market over the last five years. Just 19% of the respondents to the survey said they would consider a […]

UK and US firms are set to grab more than half of all Germany’s commercial legal work and a third of mainland Europe’s business law market within the next five years, according to a groundbreaking survey of 100 independent law firms. But despite the continuing expansion of Anglo-Saxon firms into their market, Europe’s domestic law firms are predicting strong growth of their own over the same period, especially in France and Italy. Read More »

The American Lawyer has come up with ”The A List”, being a survey where each law firm is ranked with a grade that reflects a value judgment, highlighting revenues and pro bono work – a kind of balance between economic worth and social responsibility.

What the firms on the 2003 A-List have in common is outstanding results across the four categories. For example, 14 of the top 20 firms finished in the top quarter of The Am Law 200 in three of the four categories, and two firms — Arnold & Porter and Latham & Watkins — were four

The American Lawyer has come up with ”The A List”, being a survey where each law firm is ranked with a grade that reflects a value judgment, highlighting revenues and pro bono work – a kind of balance between economic worth and social responsibility. Read More »

Allen & Overy is outsourcing half of its document production department to southern India in a landmark move set to result in around 40 job losses in the UK.

The firm’s board decided last Friday to proceed with the radical plan following the successful completion of a pilot scheme earlier this month. Around half of the firm’s 85 document processing staff will be retained in London following the completion of an imminent redundancy programme. A&O has signed an agreement with US company Office Tiger

Allen & Overy is outsourcing half of its document production department to southern India in a landmark move set to result in around 40 job losses in the UK. Read More »

KPMG’s law network is preparing for a re-brand. Its plan is to bring aboard a number of US ‘best friend’ firms. Sounds just like school. Have KPMG have anything to teach us here?

The network’s management has said it is currently searching for US members for its global network, with Philadelphia’s Pepper Hamilton — a referral partner of KLegal’s UK member McGrigor Donald — seen as the leading candidate. Commenting on its US ambitions, one KLegal partner said: “We are looking at creating best friends agreements with one

KPMG’s law network is preparing for a re-brand. Its plan is to bring aboard a number of US ‘best friend’ firms. Sounds just like school. Have KPMG have anything to teach us here? Read More »

He was once the Justice Department’s Nazi hunter – head of the powerful American Israel Public Affairs Committee. Now he’s unemployed and disbarred.

On Aug. 28, the U.S. Court of Appeals for the D.C. Circuit stripped Neal Sher of his D.C. law license. The move comes roughly one year after Sher conceded he had made “unauthorized reimbursements” of travel expenses from the International Commission on Holocaust Era Insurance Claims, where he served as its chief of staff. He

He was once the Justice Department’s Nazi hunter – head of the powerful American Israel Public Affairs Committee. Now he’s unemployed and disbarred. Read More »

E-mail has become the favoured method of communication among the UK’s top lawyers, but there is still much work to do if it is to become the reliable and accessible service that businesses need.

E-mail has taken over as the primary source of business communication among UK heads of legal, according to a snapshot survey looking at the personal use of technology among general counsel in the UK’s top companies. An overwhelming majority (80%) of the 100 general counsel questioned said that e-mail is the method of communication they

E-mail has become the favoured method of communication among the UK’s top lawyers, but there is still much work to do if it is to become the reliable and accessible service that businesses need. Read More »

Six tax lawyers from PwC’s Washington office walked to law firm Shaw Pittman, saying restrictions imposed on the accountancy firms’ work made staying with the firm unattractive. How could working for an audit firm possibly be unattractive?

The move highlights the difficulties that the large accountancy firms face in trying to retain tax work revenues following last year’s clampdown on the non-audit services they can offer audit clients. Regulators and politicians became concerned in the wave of corporate scandal that the independence of audits was being jeopardised by accountancy firms gaining lucrative

Six tax lawyers from PwC’s Washington office walked to law firm Shaw Pittman, saying restrictions imposed on the accountancy firms’ work made staying with the firm unattractive. How could working for an audit firm possibly be unattractive? Read More »

Lawyers at London’s top legal firms are earning an average of more than £700,000 a year despite the most prolonged bear market in a generation. But tough conditions make it a “bill it or bye bye” life. Tough.

While bankers, brokers and dealers have seen earnings slashed and thousands of colleagues made redundant, latest figures show that the City’s corporate lawyers are still earning huge amounts. Of the six-strong ‘magic circle’ of top firms, only Slaughter & May – a specialist in mergers & acquisitions work – reported a fall in turnover, and

Lawyers at London’s top legal firms are earning an average of more than £700,000 a year despite the most prolonged bear market in a generation. But tough conditions make it a “bill it or bye bye” life. Tough. Read More »

The Financial Times is threatened with a defamation suit that could break all UK records: The starting point from brokers Collins Stewart Tullett is £128 million. That’s a lot of FTs.

The Financial Times was yesterday accused of a “hatchet job” and “muckraking” in a potentially record-breaking defamation claim by Collins Stewart Tullett, a City stockbroking firm. The broker is at the centre of a row over allegations of insider dealing and share ramping made by a former employee. Collins is run by outspoken chief executive

The Financial Times is threatened with a defamation suit that could break all UK records: The starting point from brokers Collins Stewart Tullett is £128 million. That’s a lot of FTs. Read More »

Britain’s cosy judicial appointments system – under which judges are appointed by the Government after consultation with existing judges and senior lawyers – is poised for the most dramatic overhaul in its history.

Radical plans being drawn up by the Commission for Judicial Appointments (CJA), which advises the Government on legal matters, would see all judges up to the level of the High Court being selected by an independent panel of experts, most of whom would be drawn from outside the legal profession. The dramatic move to take

Britain’s cosy judicial appointments system – under which judges are appointed by the Government after consultation with existing judges and senior lawyers – is poised for the most dramatic overhaul in its history. Read More »

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