Archive for the ‘partners’ Category

What To Do When You're No Longer Senior Partner

Wednesday, August 13th, 2008 at 16:04

The British legal profession doesn’t like older lawyers. Recent anti-age discrimination legislation in the UK hasn’t altered this mindset. reported that Tim Clark, the former senior partner of Slaughter and May, had moved to a position in Mint Partners, a trading firm (equities, metals, energy, CFD). He’d been a partner for 25 years and […]

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The Temporality of Legal Practice

Saturday, December 1st, 2007 at 17:28

Two items read recently chime with each other. A survey by Citi quoted in Legal Week said non-equity partners are the least productive partners because they bill 100 hours less than equity partners and 150 less than associates. The second item is a new law business has opened in London called Axiom Legal, which hires […]

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Discriminating Lawyers

Tuesday, October 16th, 2007 at 15:40

Usually lawyers are the ones fighting battles over discrimination rather than being the subject of them. But two recent age discrimination cases make an interesting comparison–one in the US and the other in the UK, and both in large law firms. Peter Bloxham, a former partner of Freshfields, was caught in the law firm’s restructuring […]

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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 […]

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Not Much Difference Between Large Law Firms and Universities

Friday, December 29th, 2006 at 00:24

A few years ago McKinsey produced an interesting analysis of which law firms would succeed in the “winner takes all” economy. Thinking back on this, they were both right and wrong in their results. McKinsey said there would be two types of winner: the full-service global reach firm like Clifford Chance and Baker & McKenzie; […]

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