LexisNexis® Legal Newsroom
Looking for a best friend

"Best friend" strategies really do work for law firms, but they require thorough research, a solid business case, and realistic expectations. Going global has become a two-way journey. Since the late 1990s, firms in mature legal markets in Europe and North America have looked...

Building consensus in compensation: the Addleshaws case study

Another well-intentioned and innovative reform to a law firm's partner compensation system has been aborted. The senior management team at one of the United Kingdom's better-managed law firms, Addleshaw Goddard , has been forced, by what appears to be unexpectedly strong opposition from...

Life after managing partner

The Lawyer reported this morning that Mark Walker, until recently the managing partner of Cleary Gottlieb in New York, has moved to Paris and into the world of finance as a senior advisor to the global sovereign advisory group at Lazard. One of the subtle flaws in many law firm governance schemes...