International Morning Update

Sep 24, 2024

View in Browser

ALM | Law.com International

Morning Update

A Message From the Editor

Good Morning. We have lots of news from Asia today: The 20 largest foreign law firms in Hong Kong have cut 5% of their lawyers in 12 months, and Gibson Dunn is cutting half of its Singapore partnership. In other parts of the world, Freshfields is rebranding, dropping "Bruckhaus Deringer" from its name. And in the U.S., top partners are getting close to charging $3,000 an hour for their services.

– Lisa Shuchman, Executive Editor, Law.com International

International - United Kingdom | Analysis

Foreign Law Firms in Hong Kong Cut Head Counts; the 20 Largest Firms Trim 5% of Lawyers in 12 Months

By Jessica Seah

Senior partners have been encouraged to retire early, while capital markets and M&A teams also have been cut as deal... Read More

Law Firm Management | News

Gibson Dunn Cuts Half of Singapore Partnership, Four Partners Set to Leave

By Jessica Seah

The move, which leaves the firm with three partners who are solely based in Singapore, comes in contrast to the steady... Read More

Law Firm Management | Analysis

Senior Partners Approach $3,000 an Hour, As More Billing Rate Hikes Expected in 2025

By Mimi Lamarre | Andrew Maloney

About 16 Am Law 50 firms have third-year associates with rates over $1,000, but Valeo Partners project around half of... Read More

Law Firm Management | News

Freshfields Scraps 'Bruckhaus Deringer' From Name

By Louis Altmann

The new brand will start to be rolled out from October, with the firm undergoing a formal name change. Read More

Energy and Natural Resources | News

Linklaters and Uri a Behind Masdar's $1.4B Acquisition of Saeta Yield

By Alex D'Elia

Linklaters is leading Masdar on both of its major green energy deals in Spain in recent months. Read More

Law Firm Management | News

Norton Rose Moves Away from C-Suite Structure as Jeff Cody, Peter Scott Retain Top Roles

By Dan Roe

A global management committee staffed by regional leaders will make the firm more nimble, Cody and Scott said. Read More

Law Firm Hiring | News

Norton Rose and Borden Ladner Gervais Commercial Litigators Appointed to Bench in Montreal

By Gail J. Cohen

A former appellate judge joins Lenczer Slaght, while McMillan, DLA Piper, and Osler get new partners in a slew of Canadian... Read More

Law Firm Hiring | News

Yingke to Follow London Launch with 100 International Offices by 2026

By Jack Womack

The world's largest law firm by headcount said it intends to have 15 European offices by 2026, and is in the process... Read More

Resources

White Paper

From Burnout to Breakthrough: How Technology Enhances Legal Wellness

Sponsored by Nuix

The task for legal leaders worldwide is to address the topic of managing mental wellness of its professionals while keeping an eye on efficiencies. One such way is to optimize technology to help reduce and streamline the workload--and, in the process, increase time for litigation and strategic counsel, mitigate risk, manage costs and remain compliant. Learn More

WEBCAST DATE: ,

Preparing Your Law Firm for 2025: Smart Ways to Embrace AI & Other Technologies

Caret and U.S. Legal Support

Date: Wednesday, December 4, 2024 Time: 2 PM EST | 11 AM PST Cost: Complimentary Sponsored by: As 2024 comes to a close, small and mid-sized Learn More

Connect With Law.com International

This newsletter was sent to newsletter@newslettercollector.com

150 E 42nd St | New York, NY 10017 | 1-877-256-2472