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October 2008 Archives

Bakers' doyenne

30/10/2008

Several years ago, I attended an event in Paris at which Christine Lagarde, the then chairman of Baker & McKenzie, was also present. At one point a young French lawyer from a local firm approached her as if she was...

Apocalypse, er, flat

27/10/2008

Can we now take a break from melodramatic press reports about plunging confidence on the back of 'renewed fears' about an economy that seems forever 'on the brink' of recession? At this point there should be no renewed fears, just...

A global model (except Italy)

24/10/2008

Forget France’s much-touted cultural exceptionalism, in Europe the country that truly ignores the established rules of international legal practice is Italy. The roll call of firms that have seen major splits or walk-outs in Italy includes Clifford Chance, Allen &...

British Legal Awards: First impressions count

20/10/2008

How can I put this delicately? There were some law firms that submitted entries to the British Legal Awards that didn’t exactly make much effort to the meet the criteria for the categories.This slapdash approach is hard to fathom, given...

Where will the Investment Bankers go?

16/10/2008

I’m starting to wonder if Investment Banker has lost his job. That’s not some archetype, by the way, it’s legalweek.com’s popular lawyer-turned-banker-turned guerrilla poster/blogger, who has infuriated and entertained readers in equal measure (contrary to some readers’ beliefs, we haven’t...

A calculated risk

15/10/2008

You have to give Clifford Chance (CC) credit for not being cowed by the weight of general opinion. After all, the received wisdom in the US is that you simply do not lay off litigation associates in a downturn –...

RBS in public hands - embracing the Bretton Woods mood

13/10/2008

Writing immediately after the shock collapse of Lehman Brothers, Legal Week noted that law firms would have to get used to a world in which banks would look different and be policed in a much-changed regulatory and cultural environment.Just a...

Bullish, bearish and clueless…

9/10/2008

Another day, more extraordinary developments in the financial markets that top the last era-defining episode dating back all of two days ago. What does it mean for law firms when the UK Government plans to nationalise large parts of the...

Beiten's festival friends

7/10/2008

A couple of Chinese tourists thought they’d struck gold at the Munich beer festival the other day. For there, kitted out in lederhosen, was none other than Harry Potter. Actually it was Berwin Leighton Paisner competition partner Beckett McGrath. But...

The party’s over — can I sell you an aspirin?

3/10/2008

There’s nothing like a bit of market melodrama to bring out the prophets of legal services doom. You’ve heard the spiel: the party’s over; the legal market is an unsustainable bubble; law is, like, totally backward and must embrace stuff...

 

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