A comprehensive survey from Thomson Reuters has uncovered significant challenges facing in-house legal departments, with mounting financial pressures driving strategic transformations across corporate legal teams. The 2024 State of the Corporate Law Department report indicates that approximately 69% of in-house legal professionals are experiencing substantial budgetary constraints imposed by business leadership. Simultaneously, 72% of these […]
The surge in in-house legal functions has gone hand in hand with the satisfaction of management, who over the years have become aware of the advantages of in-house counseling: it saves money, it is timely,
The International Bar Association (IBA), the largest global association for legal professionals with over 80,000 members and more than 190 bar associations across 175 countries, emphasizes that its commitment to upholding the rule of law significantly contributes to
The German legal system stands on the brink of a significant overhaul, proposing groundbreaking reforms to create a more inclusive environment for international law firms. The Federal Ministry of Justice has unveiled a comprehensive proposal
Global law firm A&O Shearman has rolled out a new three-tier partner compensation system to consolitade its partner remuneration model. The move follows A&O Shearman’s shift to an all-equity partnership
Global law firm DLA Piper has shared its comprehensive report on the global technology sector, based on feedback from 1,200 industry executives, investors, and government and regulatory officials across North America, Latin America, Middle East, Europe,
Freshfields announced its decision to reform its brand identity. The firm, which is one of the oldest in the world given its origins dating back to 1743, had changed its name to Freshfields Bruckhaus Deringer in 2000,
Focusing growth on “priority” areas: that’s the post-merger integration plan A&O Shearman has outlined. Three the main points of this strategy: the closure of the Johannesburg office, a 10% reduction in the global
The Association of Corporate Counsel (ACC), the global legal association for in-house counsel, launched the ACC Well-being Toolkit for In-house Lawyers. It offers practical strategies for in-house lawyers to support their well-being and foster wellness
Clifford Chance announced record financial results for the fiscal year ended April 30, 2024 (May 2023/April 2024). The firm has recorded the highest revenue growth rate since 2017 and double-digit growth in partnership profits. The global teams dealing with
