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10/09/2008
Another handy indicator has emerged for anxious law firm leaders trying to predict the impact of the crunch on the legal community, this time in the shape of Deloitte’s quarterly results. The numbers, covering the first financial quarter of 2008-09,...16/09/2008
For an avowedly conservative profession, attitudes can change at a fair old pace in law. Diversity, race, corporate social responsibility – these are all issues where there has been a palpable shift in sentiment over recent years. But on the...17/09/2008
It’s a cliche to say that intense activity in business, even to the extent of outright turmoil, is good for commercial lawyers. But this week’s extraordinary events on Wall Street are a reminder that the reason it’s a cliche is...17/09/2008
Maxwell, Lloyd’s of London, Barings, BCCI… in recent years, if these cases were mentioned at all it was in the context of the decline in big-ticket litigation and the need to clamp down on spiralling legal costs. But at the...19/09/2008
The commentator Polly Toynbee came in for some predictable stick from readers recently when I highlighted an extract from her latest book in which she quizzed a group of senior lawyers on their deeply hostile attitudes towards taxation as a...22/09/2008
Business is business and, for the most part, the stream of announcements of law firm job cuts seen so far have been proportionate and hard to avoid. But it’s hard to see how the announcement today from Wragge & Co...25/09/2008
They may not be quite as flaky as their banking counterparts, but news this week of Heller Ehrman's dissolution is a reminder that US law firms can be surprisingly vulnerable institutions.Heller's closure follows a pattern familiar from other US collapses of the noughties;...30/09/2008
Talk about saying the wrong thing. The reaction of a bunch of in-house lawyers to a law firm partner’s advice on how to improve the tendering process was telling. “Sometimes,” the partner had observed, “legal departments send invitations to tender...