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Tuesday, March 1, 2016

Masses of dollars, unlimited holidays and Asia's challenges - the best of Legal Week last week


Legal Week | Editor's Comment
March 1, 2016
Masses of dollars, unlimited holidays and Asia's challenges - the best of Legal Week last week
The most read news, features and analysis on Legal Week over the last seven days

A glut of US firm financials has driven many of Legal Week's most popular articles over the last seven days, with firms including DLA Piper, Latham & Watkins, Weil and Davis Polk among those to unveil the state of their piggy banks.

Berwin Leighton Paisner partners also had dollars on their minds as the firm enters the next stage of its merger discussions with Greenberg Traurig.

Elsewhere, a spate of partner losses have put the magic circle's Asia practices into the spotlight in recent months, and with further departures from Linklaters last week, we took a look at the challenges facing the group, some of whom have been in the region for almost 30 years.

Back on UK soil, a recent report into rent paid by leading firms in London demonstrated the effect of belt tightening in recent years, and we also took a look at where Addleshaw Goddard's collapsed merger talks with Maclay Murray & Spens leaves the two firms.

Other big - but possibly unsurprising - news last week saw Andrew Ballheimer elected as Allen & Overy's new managing partner.

Meanwhile, with spring just around the corner it is probably time for Hogan Lovells' lawyers to start planning what to do with their unlimited holiday allowance. Or those in the US at least as the policy will not apply elsewhere.

Other stories you may have missed:

Dentons taps former McKenna partners for nearly $2m following 'accounting errors'

Hogan Lovells launches first US-based global services centre

City lawyers launch pro-Brexit group and target more than 300 members

More progress needed as Sutton Trust research finds over half of magic circle partners are privately educated

Judge dismisses grand larceny charges against former Dewey execs

 

 

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