Search Results for: law firms
New York Weighs Jurisdictional Rule for Foreign Firms
May 18th, 2015
Some lawyers say bill is at odds with recent U.S. Supreme Court ruling New York lawmakers are weighing a bill to make foreign companies submit to the jurisdiction of New York courts as a condition of doing business in ...
Why law graduates are being taught to think like MBAs
May 13th, 2015
Lawyers Don’t Know Enough About Business. Law Schools Are Trying to Fix That The popularity of an American legal education is dwindling in the face of disappointing job prospects for graduates. To rescue themselves from oblivion, some law schools are fashioning themselves after ...
Statistical evidence from Acritas reveals law firm brand growth is linked to revenue growth
May 7th, 2015
Law firms which have grown their brands the fastest over the last four years have seen 45% faster growth in revenue compared to the rest of the field. Over the past four years, Acritas has conducted more than 2,600 ...
Demand soars for lawyers in Hong Kong and Singapore
May 6th, 2015
Legal and compliance jobs top the list, according to the Robert Walters Asia Job Index. Data for Q1 shows legal and compliance job advertising growing 38 per cent, year on year, in Hong Kong and 30 per cent in ...
Bank of America to Pay $180 Million to Settle Investors’ Forex Lawsuit
April 30th, 2015
BofA says cost of settlement will be covered by existing reserves Bank of America Corp. has agreed to pay $180 million to settle a lawsuit by private investors who accused the bank and others of manipulating foreign-exchange rates. The bank’s decision ...
Big Four to beat law in dumping the billable hour
April 29th, 2015
Pricing experts have predicted that accounting firms will scrap the billable hour before law firms, but neither sector is willing to change. Steve Major (pictured), founder of consultancy Pricing Power, told Lawyers Weekly that accounting firms are moving away from the ...
Nasdaq to settle Facebook IPO lawsuit for $26.5 million
April 27th, 2015
In a first for a U.S. stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million (17.60 million pounds) to settle a class-action lawsuit involving its bungling of Facebook Inc’s $16 billion initial public offering, the plaintiffs’ lawyers said. ...
Lawyers are more faithful to their roles compared to 2014
April 24th, 2015
Millennials, however, are likely to look for a new role within six months of first job Law firms might have to ‘turn on the charm’ in year three of their employee’s career, a new report has revealed, as lawyers ...
Law firm leaders predict revenue rises will be linked to lawyer mobility
April 20th, 2015
A group of 20 law firm leaders has unanimously agreed that the ability to provide mobile working and to reduce dependence on office space could drive revenue growth – and that firms who neglect this area could struggle to ...
Law Firm Merger Mania: Q1 Marks Period of Supercharged Growth
April 9th, 2015
U.S. law firm merger activity occurred at a torrid pace in the first quarter, as both the number of tie-ups, and the size of the newly combined firms, soared to unprecedented levels, according to a report released on Monday. There were 29 law ...