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Watch: It’s Law Firm Results Season, and the Numbers are Surprising

Firms including HFW, Fieldfisher, Osborne Clarke, Stephenson Harwood LLP and Kennedys are among the first to report their financials for 2023/24, and all of them posted double-digit revenue growth. How? Wasn’t 2023 a “high inflationary”, “high rates”, “impending recession” doom and gloom year? In the video, Law.com International managing editor…

Baker McKenzie Corporate Partner Moves to Australia’s Clayton Utz

Australian law firm Clayton Utz has hired a corporate partner and an associate from Baker McKenzie amid an increase in mergers and acquisitions this year. Jim Peterson is leaving the Baker McKenzie partnership to join Clayton Utz as a legal consultant in Brisbane while Lisa Houston joins as a senior…

BonelliErede Adds Four-Lawyer PwC Team in Rome

Italian law firm BonelliErede has added a partner-led, four-lawyer team from PwC TLS Avvocati e Commercialisti to its financial regulatory practice in Rome. Partner Anna Di Vilio was previously a legal director at PwC’s Italian operation for more than four years, according to her LinkedIn profile. Three associates joined Di…

Germany Inches Closer to Allowing Investor-Owned Law Firms Following Court Opinion

An Advocate-General for the European Court of Justice recommended today that Europe’s highest court reject Germany’s prohibition on third-party ownership in law firms, potentially paving the way for private equity investors. The decision to accept or reject the Advocate-General’s opinion now rests with the European Court of Justice which could rule on…

Australian Law Survey Reveals Persistent Gender Pay Gap, LGBQ+ Data

A survey of the legal profession in Australia’s largest state shows the gender pay gap persists at all ages and includes data on lawyers identifying as LGBQ+ for the first time. More than twice as many women are joining the legal profession in Australia’s largest state compared to men, but…