Houston-based Bracewell & Giuliani has moved to expand its London office with the hire of two energy lawyers including Simmons & Simmons partner Julian Nichol.
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Houston-based Bracewell & Giuliani has moved to expand its London office with the hire of two energy lawyers including Simmons & Simmons partner Julian Nichol.
The Lawyer – Latest News
As the legal market expands – as all markets do when deregulation is applied – who will be benefiting from this growth?
Predictions are that the numbers of solicitors will decline – but, as the legal sector grows, why should this be? Fundamentally, we have too many solicitors’ practices serving a growing but changing market.
At a basic level we have 9,000 firms with five partners or less with the average age of equity owners fast approaching sixty years.
The London office of O’Melveny & Myers has hired Olswang’s film and TV team head Libby Savill.
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Discussion continues on the meaning of outcomes-focused regulation, the implementation of the now not-so-new Handbook and the attitude of the SRA to its enforcement.
Much of this concerns the retrospective justification of procedures and, in the context of entity-based regulation, whether a breach that is not demonstrated to a standard to justify disciplinary procedures against any individual, may nonetheless support action against the firm.
Take-privates by US-listed Chinese companies are now a good earner for US firms. By Yun Kriegler
The Lawyer – City
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