Transatlantic mergers, stars at the bar and overpaid lawyers – the best of Legal Week last week

Legal Week | Editor's Comment February 9, 2016 Transatlantic mergers, stars at the bar and overpaid lawyers – the best of Legal Week last week Tue 9th Feb 10:11 The most popular news, opinion and analysis from Legal Week over the last seven days UK/US mergers have been distinctly thin on the ground in recent years but last week Berwin Leighton Paisner announced it plans to rectify this dearth of activity, confirming it is in talks with Greenberg Traurig. While the two firms may have very different cultures, UK partners have given their broad backing to the idea of a tie-up, even though the reality of pulling the deal off is likely to prove challenging for BLP. Should the pair manage the tricky task of agreeing a deal, they will only be at the beginning of a very long road to integration. Demonstrating just how long these things can take, it emerged last week that DLA Piper has overhauled its partner pay system outside the US, making it more transparent, and crucially more in line with the firm on the other side of the Atlantic. Other popular stories saw a public outcry to the idea that some City partners are charging as much as £1,000 per hour, while Slaughters' veteran Nigel Boardman fretted that law firms may lose their trusted adviser status if they branch out too far beyond their legal roots. We also profiled 10 of the most promising stars of the Bar and looked at some of the issues facing barristers coming into the profession. Other stories you may have missed over the last week: Barclays kicks off global panel review with firms asked to focus on 'key priorities' As Kelly quits for White & Case, what's behind Linklaters' partner exits in Asia? CMS becomes first international law firm to open in Iran post-sanctions Stephenson Harwood hires seven-strong Eversheds team in Hong Kong I've worked with some stunningly good lawyers' - British Legal Awards winners on their success Eversheds average partner pay dips marginally as highest paid member pockets more Olswang slashes net debt as it continues to mull merger options Clifford Chance Australia managing partner to exit firm Orrick makes up single London partner in 19-strong global round Am Law 100: Revenue jumps 7% at Akin Gump Top law firms charge market rates: why the surprise? More stories from Legal Week Legal Week Conferences & Events Legal Week Private Client Forum Americas 2016 Conference Wed 10th Feb 2016 - Tucker's Point, Bermuda Legal Week Best Employers Report 2016 Launch Industry Briefing Thu 3rd Mar 2016 - London, UK Legal Week Trust and Estates Litigation Forum 2016 Conference Thu 10th Mar 2016 - Fayence, France More Legal Week Conferences & Events Legal Briefings & Resources 'A very significant move in the field of direct taxation in the EU' - the EC's proposed anti-tax avoidance directive The PSC regime - are you ready? Will domestic challenges in Malaysia affect investment in UK real estate? More Legal Briefings & Resources Legal Jobs Ofgem: Legal Adviser / Senior Legal Adviser £43,600 - £69,700 Ofgem: Senior Legal Advisers / Legal Advisers (Advisory) £43,600 -£69,700 Healymedd Consultancy: A JUNIOR / MID LEVEL DERIVATIVES SOLICITOR OPPORTUNITY IN A FUND £Competitive More Legal Jobs

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