Bolivian politician’s arbitration award survives US appeal

A US appeals court in Colorado has rejected a Mexican cement group’s appeal against the enforcement of a US$36 million award in favour of a Bolivian politician’s investment company – holding that the “best reading” of court proceedings in Bolivia is that the arbitrators’ findings on liability have not been set aside. 

Ferrere sees exodus in Bolivia as partners form new firm

South American law firm Ferrere has taken a hit in Bolivia following the departure of four partners and a large group of associates in the country, who have left to launch a new firm.

A balancing act

Lawyers don’t tend to leave a career in private practice to go in-house for the money, instead they’re often after better equilibrium between their professional and personal lives. Nowadays, law firms are competing better with companies on the work–life balance they offer their associates, but how successful are their efforts?

Making it count

Generation Y is often thought of as a tough nut for employers to crack, so it’s positive news for law firm managing partners that a good number of today’s associates have long-term ambitions at the firms they are in. But with so many lawyers having their heart set on becoming partner and only a certain number of spots available, how can firms maintain satisfaction levels among lawyers, whether they’re on the partnership track or not?