The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Midlands firm Lee Crowder has been dropped from 3i's panel after 50 years.
The move comes after a review at the venture capital house which, in 1996, accounted for 28 per cent of the law firm's turnover.
But over the past few years the firm has braced itself for the decision, which has been rumoured for some time.
Expansion into other areas has now decreased Lee Crowder's reliance on 3i work to the point where the predicted turnover from the company would have been only 3 per cent of overall turnover this year. Lee Crowder managing partner Stephen Gilmore says: "We have been through a tender process and the tender was unsuccessful - these things happen. It's not really the significant blow that it would have been a few years ago."
With 22 partners, Lee Crowder has significantly fewer resources than local Birmingham rivals Pinsent Curtis and Wragge & Co, for example.
Birmingham rival Wragge & Co now steps into Lee Crowder's shoes, having enjoyed a close relationship with the company for many years. Pinsent Curtis will also continue to offer advice in Birmingham.
The majority of the work will now be handled by Wragge and Co, which according to major corporate partner Richard Haywood, is "delighted" to have been appointed.