Insider Media’s Post

Thames Valley law firm boosts corporate team with new partner ⚖️👋 Reading-based law firm Boyes Turner has expanded its corporate team, appointing Duncan Kay as a partner. Kay will advise on all areas of domestic and international M&A, MBOs, restructuring and reorganisations, private equity backed investments and joint ventures. He joins from KPMG, where he helped to set up and develop its legal offering in the south of England. Continue reading... https://lnkd.in/e6e74pQw #law #legal #recruitment #careers #jobs #corporatelaw #thamesvalley #southeast #businessnews #businessintelligence

*FREE ARTICLE* In a groundbreaking development, Munger, Tolles & Olson LLP's corporate department, renowned for its work with Berkshire Hathaway Inc., has made a strategic transition to join forces with Baker McKenzie. This move involves a team of 17 lawyers, including 11 partners, who have played pivotal roles in managing numerous high-profile deals. The decision to move is driven by a desire to broaden specialties and enhance capabilities in handling international work more efficiently. Leif King, now leading Baker McKenzie's Transactional Group in California, views this as a significant milestone in strengthening the firm's presence in the state's transactional practice arena. This rare move of a large group of high-caliber corporate lawyers underscores the magnitude of this shift within the legal industry. With the potential to attract significant client followings, including possibly Berkshire Hathaway, this transition is poised to reshape the landscape of corporate law. Read more about this momentous development and its implications for the legal sector. https://ow.ly/Ep3W50Rnl4M #LegalNews #CorporateLaw #BakerMcKenzie #MungerTolles #CaliforniaLaw #BreakingNews

Comparison with Top Business Lawyers Revenue Generation: Top business lawyers in prestigious firms often generate substantial revenue through high-profile cases and client engagements. For example, partners in top law firms can individually generate millions in billings annually. Market Position and Reputation: Leading business lawyers are often recognized in legal rankings like Chambers and Partners or The Legal 500. Their influence in corporate governance and high-stakes cases sets them apart. Efficiency and Workforce Management: While top law firms employ hundreds or even thousands of lawyers and support staff, the revenue per lawyer is a critical metric of efficiency. Kicki's ability to generate significant revenue with a small team highlights her operational efficiency. Innovative Strategies: Business lawyers innovate through groundbreaking legal strategies, high-profile cases, and contributions to evolving legal standards. Kicki's approach to combining art and business is a unique form of innovation. Conclusion. Kicki Andersson's market performance stands out when compared to similar professionals in her field. Her ability to generate higher revenue with fewer employees highlights her efficiency and business acumen. This comparison underscores the effectiveness of her unique strategy and the success she has achieved through her innovative approach.

I recently had the opportunity to complete work experience at Steinfeld Law LLP, which helped me understand the day-to-day routine of a corporate lawyer. I had the chance to assist the team with legal research, drafting documents, and reviewing contracts, gaining firsthand insight into the level of precision and awareness required in corporate law. Throughout my time there, I was shown the fast-paced and dynamic nature of corporate law. A typical day involved: 📑 Drafting & Reviewing Documents – I observed how contracts, shareholder agreements, and regulatory filings are meticulously analyzed to ensure compliance and protect clients’ interests. ✍ Drafting Memos & Notes – I was able to draft internal memos and meeting summaries, which helped me understand how to communicate legal insights concisely and effectively. 🔍 Legal Research – I conducted research on corporate regulations and case law to help support ongoing matters. It was great to see how research plays a crucial role in shaping legal strategies. 💼 Client & Team Meetings – I had the chance to sit in on discussions and meetings where we strategised on mergers, acquisitions, and corporate governance matters, demonstrating the importance of commercial awareness and problem-solving. ⚖ Negotiations & Legal Strategy – Seeing lawyers negotiate deal terms and structure transactions highlighted how legal expertise intersects with business strategy. This experience gave me a real insight into the skills and dedication required in corporate law, and I’m very thankful for the opportunity. Looking forward to applying these learnings as I continue my legal journey! 😊 #CorporateLaw #WorkExperience #LegalCareer #LawFirmLife

Lawyers, your 28 common questions on selling a law firm – and our answers By Andy Poole of Armstrong Watson #M&A #exit #strategy #solicitor #lawfirm #makingiteasier

Thank you, SuperLawyer, for the opportunity to share my journey in law. In this interview, I discuss my experiences working with both law firms and multinational corporations, and the insights I've gained from handling complex deals across M&A, private equity, and corporate law. It’s been a rewarding journey, and I hope my story offers valuable takeaways for fellow legal professionals. 🔗 https://lnkd.in/gDBDhufq Ramanuj Mukherjee Namrata Singh #SuperLawyer #LegalProfession #CorporateLaw #PrivateEquity #MergersAndAcquisitions #CareerInsights #LegalLeadership

#KPMG the first #BigFour #ProfessionalServices firm to practise #law in the United States? °°°°° A judicial committee in #Arizona has unanimously recommended that the state Supreme Court approve KPMG US's application for a unique state license that would allow it to practice law. If approved, the firm will establish KPMG Law US as an alternative business structure, or ABS. The Arizona Supreme Court said it would weigh the decision on January 28. Arizona began its ABS program in 2021, scrapping a rule that prevents nonlegal ownership of #lawfirms. The rule, set by the #AmericanBarAssociation, allows only licensed #lawyers to own or invest in law firms, in an effort to prevent #conflictofinterest. It has held back the Big Four professional-services firms — KPMG, #Deloitte, #EY, and #PwC — from establishing legal divisions in the US as they have done in other key markets. January 2025 https://lnkd.in/gHtMQxQV https://lnkd.in/g7Se9VRp

This is interesting on legal professional privilege Legal privilege an ‘attraction’ in law firm’s consulting play (Via Maxim Shanahan) https://lnkd.in/gGFH9cqm HPX Group, Hamilton Locke The big four consulting firms have retreated from offering legal services - reasons include: no scale, too many conflict issues, lawyers miss being in law firms - but the law firms keep hiring consultants to offer advisory work. And the lawyers aren't scared to say that their ability to offer legal professional privilege is one of the selling points. That didn't work out too well for PwC in the tax leaks matter because the protocols were not applied correctly. Given LPP applies to legal advice, and not consulting services, is this an approach that past the smell test with the regulators and the courts? Also, I really want to know if consultants like being in law firms as opposed to being around other consultants...and what do the traditional lawyers actually think of all this...

The Big Four professional services firms have major legal divisions around the world — but not in the US. For years, an ethical rule set by the American Bar Association has meant that only licensed lawyers can own or invest in law firms. Thanks to a program in Arizona, KPMG has found a way to get around it. Read the story at Business Insider. And, if you work in a legal division at one of the major firms get in touch with me at pthompson@businessinsider.com or on Signal at Polly_Thompson.89 to share your thoughts on the Big Four's US break. #KPMG #Deloitte #EY #PwC

Update on KPMG's Expansion into Legal Services in Arizona Following our earlier post, KPMG has now received preliminary approval to offer legal services in Arizona under the state’s Alternative Business Structure (ABS) framework. How big of a milestone is this? For law firm owners, this development raises critical questions: ➡️ How will non-traditional entrants impact firm valuations? ➡️ Will buyers and sellers need to adjust their strategies in light of increased competition? ➡️ What opportunities exist to differentiate and build long-term value? At The Law Practice Exchange, we help law firm owners navigate industry changes and plan strategic transitions to ensure they stay competitive and maximize their firm's worth. https://hubs.ly/Q033jggy0