Herbert Smith and its former European alliance partners suffered a considerable drop in their share of the M&A market in 2011, new data shows.
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Herbert Smith and its former European alliance partners suffered a considerable drop in their share of the M&A market in 2011, new data shows.
The Lawyer – Latest News
While launches swept the Continent this year, with boutiques and new offices springing up all over, 2011 was also marked by the passing of many leading figures on the legal scene.
The Lawyer – Focus
No one from whom the Gazette sought a prediction sees the year ahead as dull – 2011, according to lawyers, people who provide services to the legal profession, a government minister, and the profession’s leaders, will be a year in which the economic context will remain extremely challenging. Firms’ finances will come under close scrutiny, serious new competitors will emerge, and lawyers will be moving firms in ever greater numbers. And there is, of course, huge concern about the future provision of legal aid.
This time last year I wrote a blog for the Gazette that predicted a major change in 2010. I suggested that solicitors firms and new legal service providers would be divided into two broad groups – those that used web-based systems to deliver services to clients and those that didn’t. I was wrong – that divide hasn’t been clearly seen yet and other marketing management questions have had a higher profile.
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