Law.com - Global Growth Has the Greatest Impact on In-House Legal Departments
An interesting statistic in this article is how low many GCs rate their own legal departments. This looks like an opportunity for outside law firms to pick up the slack and provide much needed quality legal services. Unfortunately, the GCs seem to be equally negative or more so about their outside legal relationships. This is obviously an area for further study. The law firm that gets it right is likely to start to reap benefits.
Thursday, July 3, 2008
Wednesday, July 2, 2008
NY Firm Continues Euro Push With Ties to Top Deal Lawyer's Boutique
NY Firm Continues Euro Push With Ties to Top Deal Lawyer's Boutique
Here is a new "best friends" approach. Interestingly, Willkie already has an office in London. So, this arrangement with Dickson Minto is in addition to Willkie's existing presence.
Here is a new "best friends" approach. Interestingly, Willkie already has an office in London. So, this arrangement with Dickson Minto is in addition to Willkie's existing presence.
Everybody Samba!: NY Leader Opens in Brazil
Everybody Samba!: NY Leader Opens in Brazil
It is surprising that more US law firms are not focused more strongly on Latin America. The B in BRIC stands for Brazil after all, and there is a lot going on throughout the region. Simpson Thacher's move to Sao Paulo should be an interesting study for other firms who have an interest in the region. I continue to believe, however, that, unless there is a compelling reason to have a presence in a region, the best friends approach has great merit, particularly if done properly.
It is surprising that more US law firms are not focused more strongly on Latin America. The B in BRIC stands for Brazil after all, and there is a lot going on throughout the region. Simpson Thacher's move to Sao Paulo should be an interesting study for other firms who have an interest in the region. I continue to believe, however, that, unless there is a compelling reason to have a presence in a region, the best friends approach has great merit, particularly if done properly.
Growth Spurt: Firm Picks Up 53 Laterals in One Day
Growth Spurt: Firm Picks Up 53 Laterals in One Day
While this is not an international acquisition by any stretch of the imagination, it is another example of the increasing mobility of groups of lawyers throughout the profession both domestically and internationally. It is also reminiscent of the recent jump of most of Thacher Profitt's Latin American practice, including Thacher's Mexico City office, to Chabourne. It might be logical to assume that the economic downturn in the US and elsewhere will put more stress on law firms and accelerate the pace of combinations, whether they are called "laterals" as this one was, mergers, or just poaching a practice group.
While this is not an international acquisition by any stretch of the imagination, it is another example of the increasing mobility of groups of lawyers throughout the profession both domestically and internationally. It is also reminiscent of the recent jump of most of Thacher Profitt's Latin American practice, including Thacher's Mexico City office, to Chabourne. It might be logical to assume that the economic downturn in the US and elsewhere will put more stress on law firms and accelerate the pace of combinations, whether they are called "laterals" as this one was, mergers, or just poaching a practice group.
Monday, June 30, 2008
Law.com - DLA Piper Cuts Ties With Saudi Ally
Law.com - DLA Piper Cuts Ties With Saudi Ally
Not every marriage is made in heaven, and, sometimes, even those that are run into snags. The problem is, of course, the need to have the support of a local firm to maintain a presence in Saudi Arabia. It would probably have been more prudent to have lined up the next firm before cutting loose the first firm. Finding a firm in Saudi Arabia may be easier said than done.
Not every marriage is made in heaven, and, sometimes, even those that are run into snags. The problem is, of course, the need to have the support of a local firm to maintain a presence in Saudi Arabia. It would probably have been more prudent to have lined up the next firm before cutting loose the first firm. Finding a firm in Saudi Arabia may be easier said than done.
Sunday, June 29, 2008
Law.com - Justice Breyer: Use of Foreign Materials Is 'Going to Happen'
Law.com - Justice Breyer: Use of Foreign Materials Is 'Going to Happen'
The long-terms implications of these ideas are quite interesting. The blurring of the sources of law would, no doubt lead to greater harmonization of legal systems around the globe. However, it may also lead to less predictability, if unexpected foreign law can be considered as a possible solution.
The long-terms implications of these ideas are quite interesting. The blurring of the sources of law would, no doubt lead to greater harmonization of legal systems around the globe. However, it may also lead to less predictability, if unexpected foreign law can be considered as a possible solution.
Law.com - Another Am Law 100 Chairman Heads for New York
Law.com - Another Am Law 100 Chairman Heads for New York
As an New York lawyer who is very active in the International Law and Practise Section (one of the founders and a past Chair) of the New York State Bar Association, this article seems to me to state an obvious conclusion. New York is where a significant part of the international practice that involves the United States takes place. Many important non-US law firms have branch offices there, and they provide on site resources as to foreign law issues. You really have to be present in New York in a significant way to show that you are a player.
As an New York lawyer who is very active in the International Law and Practise Section (one of the founders and a past Chair) of the New York State Bar Association, this article seems to me to state an obvious conclusion. New York is where a significant part of the international practice that involves the United States takes place. Many important non-US law firms have branch offices there, and they provide on site resources as to foreign law issues. You really have to be present in New York in a significant way to show that you are a player.
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