Few can predict just what a recovered legal sector will look like in London, nor even if it will ever actually occur, writes Angela Priestley
If the merger of Deacons and Norton Rose is an early indication of what the Australian legal landscape might look like in the next five to ten years, then Australian lawyers may need to get reacquainted with globetrotting
The second-quarter mergers and acquisitions figures were a bittersweet pill for UK law firms. While the top five UK firms have maintained their dominant position in the global M&A advisory rankings, overall activity levels continued to free-fall during the second quarter.
London firms will always have an appetite for Australian lawyers, but the global financial crisis means plans for a stint working overseas might be best shelved for the time being, writes Sarah Sharples
