×
( 3 votes, average: 4.3 out of 5)
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.
07/11/06

DLA Piper doubles lawyer strength, plans expansion in Europe


DLA Piper Rudnick Gray Cary LLP, with nearly 3,100 lawyers worldwide, plans to add another 1,000 in the coming three years. Expecting a wider scope of growth in the European markets, the firm is scheduling more offices in Frankfurt and Madrid and a new office in Munich. The firm's German office has reported major growth in numbers from three lawyers to around 80 in the last two years.

Varied opportunities in Germany's growing private equity market have lured many international firms to set up shops in Munich. Major U.S. firms like Kirkland & Ellis, Latham & Watkins, and Milbank Tweed Hadley & McCloy all have offices in Munich with an emphasis on strong private equity practice.

DLA Piper's headcount is growing by leaps and bounds. It plans to augment its Paris lawyer-count from 20 to 100 by 2009 and increase it ranks in Scandinavia by 150. Recently, the firm opened a Dubai office, and is planning to expand in the Middle East.

Spain's booming legal market means big revenues for foreign firms
Spanish law firms are doing good business this year, reports American Lawyer. The strength of the legal market translates into profits for the U.S. and U.K. firms as well. Baker & McKenzie ranks highly in Spain, with 7.6% growth and $55.8 million in revenues. Jones Day scored the second highest revenues for a U.S. firm in Spain, with $10.8m in turnover.

The Spanish legal market has grown nearly four times faster than the national economy at an average of about 13.7%.

Linklaters recorded a 22.7% increase in revenues to $25.6 million, and Allen & Overy crossed the $12.8 million mark. DLA Piper was slightly ahead, touching $14.1 million. Clifford Chance was the top UK firm in Spain, reporting revenues of $69 million, an impressive growth of 13%.

Baker & McKenzie teams up with top Australian bank
Top U.S. law firm, Baker & McKenzie, is short-listed in the new ANZ legal panel to provide the Bank with quality legal advice, greater choice, and flexibility. With 32 firms on the new panel, the Bank plans to introduce an electronic billing system for the tracking and payment of legal services.

Effective immediately, the new ANZ Legal Panel will help the bank to start the new e-billing and management system. Other firms empanelled by the bank include Hall & Wilcox , Minter Ellison , Pacific Legal Network, Phillips Fox, Piper Alderman, and Ward Keller.

Attrition of women in law firms
Even though the number of women in law schools is about the same as men, the same cannot be said for female partners according to Karen Asner, a commercial litigator and an administrative partner at White & Case LLP in New York.

Asner reports on law.com that this could be because women are working for relatively shorter spells at their firms than men. Before many women become eligible for promotion to partner, they leaves the firm, often to take on additional family responsibilities. Statistics indicate that women start leaving their firms after 3-4 years upon joining. It becomes a challenge to balance personal and professional obligations for a female lawyer who may also be a mother and a housewife. This leads female lawyers to reduce their work hours or even quit.

Asner discusses what firms can do to tackle female attrition. An example offered is that of her firm, White & Case. It pursues a model that encourages career and business development, networking, and inter-office support teams.

While no readymade solutions are forthcoming, efforts in this direction will help increase the strength of female partners in the future, it is hoped.

Kirkland & Ellis LLP

  3 reviews   


Featured Testimonials

I like the job alerts
Ann


Facts

LawCrossing Fact #215: LawCrossing’s “Daily Job Market News” feature discusses all of the most pertinent employment trends and industry goings-on.

 
Let's Do It!
Email:

Only LawCrossing consolidates every job it can find in the legal industry and puts all of the job listings it locates in one place.

  • We have more than 25 times as many legal jobs as any other job board.
  • We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites.
  • We collect jobs from more than 250,000 websites and post them on our site.
  • Increase your chances of being seen! Employers on public job boards get flooded with applications. Our private job boards ensure that only members can apply to our job postings.

Success Stories

LawCrossing has the most listings of any job board I have used. It's actually a great site. The website had a lot of detail. It’s nice that you don't have to go through a recruiter if you don't want to. You can actually contact the law firm directly for the positions listed. LawCrossing had a ton of great features.
  • Brian McMillan San Francisco, CA