Tested by Covid

Specialist law firms that are adaptable, innovative, and have strong cultures will be well placed to take advantage of the post-pandemic marketplace, says Robert Coffey, managing partner of Cooke, Young & Keidan 

The disruption caused by the Covid-19 pandemic has brought about the acceleration of several significant pre-existing trends, which are changing how law firms do business. For those involved in advising on dispute resolution, in particular, the pace of change in the use of technology and funding has been intensified. It is my view that many …

Covid-19 and the tough questions law firms are now asking

Jeremy Callman, a barrister at Ten Old Square, considers the legal challenges facing law firm management amid the coronavirus pandemic and a financially-damaged world

The financial scars of the Covid-19 pandemic run deep. The new harsh financial reality means those who manage law firms face some tough legal questions. In my partnership practice, I have already seen the following questions arising as part of the ‘fallout’ from the coronavirus pandemic: Profit share: can we cut partner share and adjust …

Michael Gerstenzang: Insights from Cleary’s ‘Listener-in-Chief’

Michael Gerstenzang photo

Cleary Gottlieb’s managing partner speaks with Helen Donegan, US editor (content), about his role as ‘Listener-in-Chief’, law firms as a talent business, and plans for Cleary Gottlieb upcoming 75th anniversary in 2021

You recently began your second term as Cleary Gottlieb’s managing partner. What surprised you the most during your first three years leading the firm? I now have an appreciation for what music fans refer to as Bob Dylan’s ‘Never Ending Tour’ – lawyers are often on the road, but the life of a managing partner …

Jerry Koh: We need to prepare our lawyers for the future

Allen & Gledhill’s joint managing partner on juggling fee-earning with management, the impact of technology on conventional markets, and the lessons learnt from the Covid-19 pandemic

How would you define the culture of Allen & Gledhill and how important is that culture to you?  Allen & Gledhill (A&G) is one big close-knitted family and our people are the critical ingredient to the success of our firm. We are inclusive and as a family, unity is important. We take pride in our …

Competing against the best in the US

Law firm management

Evan Cohen cover photo

With consistent tier 1 status in The Legal 500 rankings within the areas of finance, REITs, and tax in the US guide, and banking, M&A, and projects in the Latin America guide, Helen Donegan, US editor (content) at The Legal 500, recently sat down with Evan Cohen to take a closer look at the strategy behind the growing success of Clifford Chance’s US team

When you’re asked to lead a region identified as the top strategic priority for one of the world’s largest globally integrated firms, you are faced with two distinct but intertwined challenges: supporting your firm’s global ambitions while also developing a domestic strategy that addresses the challenges unique to your local market. It’s no easy task. …