Archive for June, 2007

Who Actually Sells the Law Firm?

Monday, June 25th, 2007 at 20:22

Mid-market law firms in response to questions from The Lawyer are saying they would like to consider seriously an IPO or taking in external investment. This is all part of the post-Clementi maneuvering that is taking place as the Legal Services Bill travels its slow journey through parliament. I’ve indicated some of the potential pitfalls […]






[Click the post title to read more...]

Article on Barristers' Clerks

Wednesday, June 20th, 2007 at 23:41

My research on barristers’ clerks is picking up. Counsel magazine has asked me to write an article on clerks. They want 1400 words by July 2. Why not? I think. Then the reality sinks in: this means there have to be all these words looking reasonably coherent on paper in about a week’s time. I […]






[Click the post title to read more...]

The Reincarnation of Barristers' Clerks — Part 1

Wednesday, June 20th, 2007 at 22:37

When I first started this blog two years ago I mentioned in my first post that I had written a study of barristers’ clerks. (The book is available for download here.) I have recently started a new research project which is to re-study them. The gap between the two studies is a long one, so […]






[Click the post title to read more...]

What is a Partner?

Sunday, June 3rd, 2007 at 00:20

The figures for law firms’ year-end earnings are coming in. The Magic Circle firms are breaking through the £1 million PEP barrier as Clifford Chance has broadcast. These results coincide with two other sets of results. First, trainees and first year associates are getting vastly increased raises for stipends and salaries. Second, equity partnerships are […]






[Click the post title to read more...]