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  • April 16, 2008 |

    Duck the downturn

    Legal Week's career clinic recently received an anxious message from a newly-qualified corporate associate at a US firm. No doubt having heard stories of the gruelling hours put in at such firms, the associate expressed surprise - and concern - that they were not exactly run off their feet. "I am concerned that the lack of work coming into the department will mean that heads will start to roll and I may be picking up my P45 sooner or later."

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  • April 16, 2008 |

    Making the cut

    to Dan Grundy, an associate at Latham & Watkins' London office, they are even trickier to secure than training contracts themselves. "Do not rank firms for these schemes - it is really competitive, so put in plenty of applications and take whatever you get," says Grundy.

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  • April 14, 2008 |

    Top law schools tighten hold on US elite

    The US' top law schools have tightened their hold on jobs at the country's largest law firms, according to new research by the National Law Journal. Fifty-five percent of 2007 law graduates from the 20 top-ranked law schools took jobs with firms in the NLJ 250 - up from 51.6% in 2006.

    1 minute read

  • April 11, 2008 |

    Orrick, Dorsey named in new Brobeck profits suit

    The trustee in the bankruptcy case of defunct US law firm Brobeck Phleger & Harrison is suing 10 former partners and the two firms they joined for work they took with them after Brobeck dissolved, writes The Recorder. Orrick Herrington & Sutcliffe and four partners at the firm are the defendants in one suit, with Dorsey & Whitney and six of its partners named in the other.

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  • April 10, 2008 |

    Morgan Cole wins sole contract as first adviser to Welsh legislative body

    Welsh heavyweight Morgan Cole has become the first law firm to be appointed to advise the Welsh legislature. The firm was awarded the sole contract by the National Assembly for Wales Commission after a competitive tender process, with the appointment set to last for four years.

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  • April 10, 2008 |

    Big-ticket mining bids drive McCarthy to top spot in Q1 global M&A rankings

    McCarthy Tetrault has topped the value table for global M&A deals for the first quarter of 2008, knocking Sullivan & Cromwell and Linklaters into second and third place respectively. Mergermarket's global rankings for Q1 show the Canadian firm advised on 17 deals over the period with a value of $319.2bn (£160.4bn) including roles on the two largest deals of the quarter - BHP Billiton's $211bn (£105.7bn) bid for Rio Tinto and Altria's $106.9bn (£53.7bn) bid for Philip Morris. The Canadian firm also topped the value list for Q1 in 2007 but ended the year ranked 20th, with Sullivan heading the tables.

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  • April 10, 2008 |

    Addleshaws promotes nine to partnership

    UK national Addleshaw Goddard has made up nine lawyers to its partnership, the firm announced last week (4 April). The new appointments, which are effective from 1 May, almost double last year's tally of five new partners, taking the firm's total to 185. Partners were made up across the firm's three offices, with Manchester and Leeds gaining two partners apiece while the City arm gained five.

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  • April 4, 2008 |

    City gets lion's share of Addleshaws' nine promotions

    National heavyweight Addleshaw Goddard has made up nine lawyers to its partnership, including five in London, the firm announced today (4 April). The new appointments, which are effective from 1 May, almost double last year's tally when just five new partners were made up. They will take the firm's total partnership to 185.

    1 minute read

  • April 3, 2008 |

    Linklaters storms to top of Euro M&A tables with big-ticket Q1 performance

    Linklaters has climbed to the top of the rankings for European M&A ahead of City rivals Clifford Chance (CC) and Freshfields Bruckhaus Deringer after winning roles on five of the 15 largest deals of last quarter. The magic circle firm has secured the top place for European M&A by both value and volume in Mergermarket's Q1 2008 rankings, advising on 40 deals worth E172.8bn (£136.4bn).

    1 minute read

  • April 2, 2008 |

    Middle East and India: The new road to riches

    It is easy to become blase about the significance of law firms entering a new market in their droves, and for the pace of change in that market to become a platitudinous talking point among lawyers.But it was not that long ago that some lawyers in the Middle East outposts of City firms routinely took advantage of the Gulf weekend being on Thursdays and Fridays, by rolling the local weekend into the Western weekend for a bumper four-day rest, leaving three days to get their weekly work done. Now it is more common for Gulf lawyers to work both weekends, such is the volume of business being done in the region.

    1 minute read