Bruce MacEwen of Adam Smith Esq. continues his taxonomy of law firms with the capital-markets centric firms.
Bruce MacEwen categorizes different types of law firms.
It has long been the case in Hong Kong that most UK law firms and a very small minority of US law firms have three month notice periods for their US associates built into their employment contracts. But until about 18 months ago it was not common for any firm to enforce a three month notice period when a US associate left solo[…]