The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
It is good to see that Taylor Wessing is taking financial management seriously. Although the Anglo-German firm's profits are tumbling, it's taking a firm line with partners who are less than effective at getting bills paid. During the last financial year, the firm's average debtor days plummeted from 73 to 64. Of course, it helps when your credit controller is a six-foot-four rugby-playing Kiwi. "I go round like Jonah Lomu and flatten them to the floor," reveals Mike Frawley, the firm's resident Haka expert and partner responsible for chasing bad debts. For some reason, his technique seems to concentrate their minds.