The London Law Market: So, What's in the Cards?

 

Lawyers contact me frequently about outcomes. “Not a clairvoyant,” I respond. Then I add, “But I can focus on the energy surrounding ….”

So, I would be unable to give to the poster on Reddit Big Law the answer of would they fare better in a career in corporate in London at law firms Paul, Weiss or Latham.

However, the energy I pick up is fierce competition among the law firms for everything from talent to business. In addition to US-players Paul, Weiss and Latham there is Kirkland & Ellis. There are also the UK-based firms such as those from the Magic Circle.

Both UK media (including tabloid RollonFriday) and US media will be drawn to this version of the American West’s High Noon. That’s in the cards. Big brandnames will be made. You bet, there will be a force field of great intensity. Partners who know their value – and they didn’t get there by being self-effacing – will feel the raised vibrations. A great time to be a lawyer in London.

Already Paul, Weiss and Kirkland & Ellis have had lateral shootouts. Although essentially the former is a “startup” there it has the advantage of having not only poached Kirkland & Ellis scrappers but also natives lateraled from Linklaters and Clifford Chance. A Reddit comment projects that Paul, Weiss will pork up the operation with about 300 more lawyers.

Kirkland & Ellis has been there a while. It has never been constrained by a legacy white shoe ethos. It came out of the gate a hustler. That, some contend, got it to dominate the US market.

Latham is an established entity in London. That is definitely an advantage in that particular market. The culture is sized up as stable. It has minimal turnover. However, in tough times, it does not hesitate to cut to maintain its presence. Smart.

So, for the lawyer asking the question about Paul, Weiss or Latham I would reframe that as “If you don’t want to miss out on that kind of game at this point in history, just get in, then go on from there. You can always lateral. There will be plenty of that.”

For lawyers curious about the Tarot, yes, you can conjure up a reading DYI. Here is the guide provided by The New York Times (yes, the Times endorses the Tarot). And, here is the five-step guide I have developed for those needing a reading to be able to provide themselves with it on your own.

But if you are not up to learning a new skill right now, I am here for readings by voice, text or email as well as in-person.

Please set up an appointment for a brief complimentary totally confidential consultation at phone/text 203-468-8579 or email janegenova374@gmail.com. If during the consultation you feel you can get something out of the Tarot, then we can move onto a paid reading. Sure, I sign NDAs.

 

 

 


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