Allen & Overy attorney Michael Jahnke has lateraled to Howrey. He joins as a partner in the competition practice group. His practice focuses on tobacco, food, energy and telecommunications corporations. Meanwhile, A&O Capital markets partner Srinivas Parthasarathy will leave A&O’s Singapore office to join Trilegal’s Mumbai office as a partner. He will head the capital markets [...]
Continue reading...Monday, August 10, 2009
British blawgs are reporting that Linklaters wants to avoid legal action from a former employee let go during a massive redundancy consultation that targeted 400. The firm confirmed that it is in talks with the ex-staffer, but would not elaborate on details. A global restructuring initiative called “Linklaters New World” saw the layoffs of about 200 lawyers [...]
Continue reading...Friday, July 17, 2009
A survey conducted by Legal Week says Slaughter and May has the most satisfied associates of any UK firm. Legal Week Intelligence’s 2009 Employee Satisfaction Survey questioned more than 4,000 associates at the top 75 law firms in England and Wales, and at the top 10 US firms in London. Slaughter operates on a bonus plan based [...]
Continue reading...Friday, July 10, 2009
Allen & Overy has announced its revenue for the last fiscal year was up 7% to more than £1.09 billion ($1.77 billion), despite a large number of layoffs. Profits fell 4% to £431 million ($698 million). The firm has the second highest gain in revenue for Magic Circle firms, after Freshfields reported a 9% gain. Founded in 1930, [...]
Continue reading...Friday, July 3, 2009
Linklaters, which announced in April salary cuts for starting lawyers and reduced salary increases, is now the UK’s largest firm by revenue, reporting income of £1.3 billion ($2.13 billion). But profit per equity partner fell 9.6% to £1.3 million ($2.12 million). Europe and the Middle East produced 83% of Linklaters’ revenue; Asia produced 11%; and the Americas [...]
Continue reading...Wednesday, July 1, 2009
Magic Circle law firm Clifford Chance saw average profits per equity partner drop 37% to £733,000 ($1.2 million) in the last fiscal year. Revenue fell 5% to £1.26 billion, which means Clifford Chance is no longer the world’s largest law firm by revenue. The firm recently saw a mass defection of New York litigation partners and associates [...]
Continue reading...Friday, June 19, 2009
![Berwin Leighton Top UK Firm for Lawyer Satisfaction [Correction]](http://www.jdjournal.com/wp-content/themes/freshnews/thumb.php?src=http://www.jdjournal.com/wp-content/uploads/2009/05/berwin_160x120.jpg&h=75&w=75&zc=1&q=95)
Berwin Leighton Paisner, CMS Cameron McKenna and Norton Rose are the top three UK firms for lawyer satisfaction, according to a survey by Legal Week of 4,000 solicitors below partner level. The Legal Week 2009 Employee Satisfaction Survey says the three firms have the top lawyer satisfaction amongst the 25 largest UK law firms. The top [...]
Continue reading...Wednesday, June 17, 2009
We have been reporting on the saga of Clifford Chance’s US litigation practice. Group head Mark Kirsch jumped ship to Gibson Dunn, leaving the fates of 29 New York litigation associates in doubt. Now the futures of those associates are coming into focus. Seven associates are going to Gibson Dunn with Kirsch and partners Joel Cohen and [...]
Continue reading...Wednesday, June 10, 2009
Clifford Chance, which has been bleeding litigation partners, just lost two more. Securities litigators Joel Cohen and George Schieren will depart the firm’s New York office. At the end of last month, Mark Kirsch, the head of Clifford Chance’s US litigation practice, announced his departure, leaving the 29 associates in the firm’s New York litigation group under [...]
Continue reading...Friday, May 29, 2009
Mark Kirsch, head of Clifford Chance’s US litigation practice, has left the firm, leaving the 29 associates in the firm’s New York litigation group under threat of layoffs. The group and its associated staffers have been informed that layoffs are coming, but no numbers have been revealed. Kirsch will be replaced in his position by Juan Morillo. In [...]
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Wednesday, August 19, 2009
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