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9 results for LexBlog United Kingdom › Ronda Muir

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  • Sharpening Our Prediction Skills

    The Lawyer’s Global Litigation Top 50 2013 annual survey of senior in-house UK lawyers has found that projected litigation costs provided by counsel to their corporate clients were off by as much as 100%, with the average being 40%. “[E]ven experienced law firms are often woefully inept at accurately forecasting litigation costs,” the report concluded. That mis-forecasting...

  • The UK Addition to the Three Hundred Pound Chinese Swiss Gorilla

    Coming not long after the disappointment of NOT announcing at their partners meeting in Hong Kong this past March the anticipated merger of King & Wood Mallesons with WongPartnership, KWM is now expected to vote on a merger with SJ Berwin, a UK firm established by Stanley J Berwin in 1982. The effective date is speculated to...

  • The Commencement of the UK Tsunami

    Speaking of the flood of mergers consolidating the legal marketplace, another new wave is also just now hitting that promises to further dilute the piece of the action that law firms have traditionally enjoyed.  At the beginning of this month, the UK’s Solicitors Regulation Authority officially opened its doors to at least a dozen applicants, including law...

  • ABSs In Our Future?

    Further to our mention of ABSs in the  previous entry, an historic event occurred last week:  the first UK law firm, Irwin Mitchell, has declared its intention to become an Alternative Business Structure under the Legal Services Act soon to become effective, and has engaged an investment bank to help fashion a workable and attractive structure. In...

  • Terrible Tuesdays and Lawyer Rehab

    How stressed-out are you feeling today?  A UK study has concluded that 10 AM on Tuesdays is the peak period of stress during a lawyer’s work week, and that 47% of lawyers carry their stress home from work, “leading them to drink (every now and then).” That may be an understatement.  Data from around the world...

  • We’re Not Getting Smarter Either?

    In another blow to our already wilting sense of competence, the UK reports that according to research from the Centre for Market and Public Organisation, lawyers surveyed there who were born in 1970 (now climbing the legal ranks) have lower IQs than lawyers assessed in 1958 (and now either in very senior management or already out...

  • The Brave New World of Testing for Hiring

    Norton Rose, a 200 year old UK firm with over 1000 lawyers in 20 offices around the world, is considering scrapping its academic requirements for new hires in order to increase diversity.  How then to decide who to bring on board?  Like a number of leading UK law firms, it will rely on aptitude and...

  • Is the Party Over?

    For the first time in six years, law firm expenses in the US and the UK are growing faster than revenues, according to a recent article in The American Lawyer.  For the first six months of 2007, gross revenue grew at a strong 13.1%, well above the compound annual growth rate of 10.5% of the...

  • Legal Services Across the Pond

    Across the pond, the legal industry is addressing some of the same issues as US firms but with their own distinctive twist.  Facing attrition rates similar to those in the US, UK law firms are re-jiggering what it means to be a partner and whether lawyers even need to be one in order to stay...

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