News Alert: Partners ill-prepared for law firm management, report reveals

Legal Week | News Alert March 11, 2016 Partners ill-prepared for law firm management, report reveals Nearly two-thirds of lawyers in senior management positions say they had little or no help in preparing for their roles Linklaters boosts associate salaries and increases holiday entitlement Magic circle firm ups associate salaries, increases holidays and allows all lawyers to work from home once a week Leaders of Travers, Clydes and Simmons among backers of anti-Brexit report Managing and senior partners from top firms among 280 lawyers who have signed document putting case for EU membership Am Law 100: Fried Frank PEP jumps 22% US firm’s revenue passes the $500m mark as it attributes growth to a “realignment” of its strategy over the last year BLP focuses on London in bumper partner promotions round UK firm reveals its list of 17 newly made-up lawyers after Freshfields kicked off the promotions season earlier this week 'It breeds mistrust' - Jones Day's black box pay system and poor communication blamed for City exits US firm’s London office has seen eight partner departures in as many months, including a number of practice heads How operational risk and legal risk teams can reduce the cost of doing business, and improve competitiveness in financial services Legal losses are the main driver behind a circa 400% increase in operational risk capital costs over the last eight years. What are the new insights to limit the increase in cost of doing business - and regain competitiveness - in developed markets? This video, with EY, outlines the considerations risk teams should keep in mind and comes with an invitation to add your own insights to this emerging risk area. Legal Week Law Legal Briefings & Resources Unreasonably refusing to engage in mediation: at what cost? The court has the power to impose costs penalties on parties who refuse to mediate. In most reported decisions, it is the winning party which is penalised for unreasonably refusing to mediate. Two recent decisions, however, provide a warning to unsuccessful parties, as this briefing explains. Download Upcoming Events for Legal Professionals Middle East Investment into Africa Forum Conference - Wed 13th Apr 2016, Dubai Hosted by Hogan Lovells in association with Legal Week, this half-day forum examines the financing of transactions in Africa using Dubai as a base and the potential challenges faced in this process.. Details Book Online Enquries Add to Diary 1871 Legal Jobs from Legal Week Jobs In-house Legal Counsel, Hedge Fund / Jersey, Channel Islands Maven Partners -Negotiable with 20% tax Our client is a leading hedge fund with offices in Europe, Asia, and the Americas..Jersey, Channel Islands More from Legal Week Jobs A TOP LL.M. FOR PRACTICING INTERNATIONAL BUSINESS LAWYERS The advanced LL.M. in International Business Law, at Católica Global School of Law, brings together a select group of European and American professors, who are amongst the best in their fields. Recognized by the Financial Times among the top LL.M.s in the world, it is one of the few programmes directed to experienced professionals and offers an innovative transnational approach to legal practice; all in the sunny and affordable city of Lisbon.Find out more about Católica Global School of Law at www.catolicalaw.fd.lisboa.ucp.pt

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