Jones Day to Launch in Dubai With Partner Transfers
Another forward looking article in today's legal news. It illustrates a number of interesting issues. First, Jones Day is taking the plunge into Dubai at a time when it is being described as a ghost town in some press reports. But, this could also be an opportunity because the prices of many things are lower, which is always good in a start up mode. Also, the office is being staffed by moving attorneys from other firm locations thereby attesting to the continuing mobility of the legal profession in the international arena.
Tuesday, March 24, 2009
SJ Berwin changes focus with Hong Kong launch - 23 March 2009
SJ Berwin changes focus with Hong Kong launch - 23 March 2009
Another forward looking article for a change. There are a number of risks in this move, because, as the article states, SJ Berwin has no prior experience with Asia, and these are difficult times, but, as noted in an earlier post today, there are also many opportunities out there, and they are ripe for the taking for those who have the appetite for them. Let's hope their courage will be rewarded.
Another forward looking article for a change. There are a number of risks in this move, because, as the article states, SJ Berwin has no prior experience with Asia, and these are difficult times, but, as noted in an earlier post today, there are also many opportunities out there, and they are ripe for the taking for those who have the appetite for them. Let's hope their courage will be rewarded.
UK boutique merges with America's McGuireWoods - 24 March 2009
UK boutique merges with America's McGuireWoods - 24 March 2009
It is refreshing to see an article about something forward looking these days rather than another report of a firm downsizing or, as in the case of Morgan Finnegan, declaring bankruptcy, or Wolf Block, electing to go out of business. Even in these challenging economic times, there are opportunities to pursue, and it is good to be able to comment on the realization of at least one of those opportunities.
It is refreshing to see an article about something forward looking these days rather than another report of a firm downsizing or, as in the case of Morgan Finnegan, declaring bankruptcy, or Wolf Block, electing to go out of business. Even in these challenging economic times, there are opportunities to pursue, and it is good to be able to comment on the realization of at least one of those opportunities.
Thursday, March 12, 2009
NY Firm Continues Push to Open New Global Offices
NY Firm Continues Push to Open New Global Offices
It's nice to see an article about someone doing something other than cutting staff. When it is about forward looking activities, it is even nicer! There are many opportunities out there for those who are brave enough to take advantage of them.
It's nice to see an article about someone doing something other than cutting staff. When it is about forward looking activities, it is even nicer! There are many opportunities out there for those who are brave enough to take advantage of them.
Thursday, March 5, 2009
Furloughs May Be Smarter Than Layoffs
Furloughs May Be Smarter Than Layoffs
While not necessarily within the scope of this blog, the topic of this article is highly relevant to the problems many law firms that practice globally or internationally face. Given the cost of attracting, training, and severance packages (if people are terminated), it would seem there must be a better way to deal with the problems facing most firms these days. This article might offer a viable alternative that tends to preserve the investment that most firms make in their attorneys. I should also note that many firms, Orrick is one that comes to mind, say that their staff reductions are not performance related but are driven by economic reality. Thus, the people they are letting go are good people who would have been retained but for the economy. Most of us believe the economy will improve. The question is when, and what do you have to do in the interim until it does.
While not necessarily within the scope of this blog, the topic of this article is highly relevant to the problems many law firms that practice globally or internationally face. Given the cost of attracting, training, and severance packages (if people are terminated), it would seem there must be a better way to deal with the problems facing most firms these days. This article might offer a viable alternative that tends to preserve the investment that most firms make in their attorneys. I should also note that many firms, Orrick is one that comes to mind, say that their staff reductions are not performance related but are driven by economic reality. Thus, the people they are letting go are good people who would have been retained but for the economy. Most of us believe the economy will improve. The question is when, and what do you have to do in the interim until it does.
Monday, March 2, 2009
Law.com - What Message Does Massive Latham Layoff Send?
Law.com - What Message Does Massive Latham Layoff Send?
The question in the headline says it all. Things may be difficult, but are they really this difficult, and what is the future cost of this move?
The question in the headline says it all. Things may be difficult, but are they really this difficult, and what is the future cost of this move?
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