Jul 19, 2024 View in Browser

ALM | Law.com International

Morning Update

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A Message From the Editor

Good Morning. This newsletter is being resent as you may not have been able to click though to our articles this morning due to a site outage, which has now been resolved. A&O Shearman has been offering a $50,000 referral bonus in its hunt for lateral talent ever since it completed its merger in May. Also, Herbert Smith Freehils has posted its financial results for the past year, joining a string of firms that saw double-digit increases in revenue and PEP. And in Asia, where trade and investment between China and Southeast Asia have increased, Singapore's Raja & Tann said it will launch an office in Shenzhen, a city that has become a major tech and finance hub in China.

– Lisa Shuchman, Executive Editor, Law.com International

 

Law Firm Profitability | News

Herbert Smith Freehills Posts Double-Digit Rises Across Key Metrics

By Louis Altmann

The firm also reported an increase in the share of its partners who are female. Read More

 

Law Firm Hiring | News

A&O Shearman Implemented $50,000 Referral Bonus on Merger Completion

By Dan Roe

Kirkland & Ellis isn't the only Big Law firm offering $50,000 for successful placements in today's market. Read More

 

Law Firm Office Launches and Closures | News

Singapore Big Four Firm Rajah & Tann Gets Approval for Shenzhen Launch

By Jessica Seah

Rajah & Tann is the second Singapore firm to announce a new outfit in mainland China this year as bilateral relations... Read More

 

Law Firm Hiring | News

India's JSA Secures Another Large Team Hire, Takes 25 from Rival Firm Trilegal

By Jessica Seah

JSA is on an aggressive hiring streak, having also raided another rival firm for a team of 20 in June. Read More

 

Deals and Transactions | News

Latham Double Ollies With Roles on Two International Deals

By Habiba Cullen-Jafar

One of the deals included the $1.5 billion sale of iconic skateboarding brand Supreme, while the other was Pernod Ricard's... Read More

 

Law Firm Hiring | Expert Opinion

Rainmakers are Not the Answer to Transformational Growth: Here's Why

By Gavin Sharpe

It seems common practice these days, even for the most conservative of law firms to bet on this high-risk strategy. Read More

 

General Counsel and In House Counsel | News

TikTok Owner ByteDance Loses Legal Challenge Against the EU DMA

By Linda A. Thompson

The decision marks the first legal test for the EU's stringent new digital competition rulebook. Read More

 

Law Firm Management

New Kirkland Policy For Withholding Pay of Departing Partners Creates 'Pain Point' for Laterals

By Dan Roe

Withholding equity partner compensation comes with risks to a firm's culture, although the practice isn't new in Big... Read More

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