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.
Allens Arthur Robinson, Australia's largest firm, is reviewing whether it will continue to let its partners sit on company boards
The issue is one of a number that the firm's management agreed to review when it merged 19 months ago.
A spokesperson for the firm said that the matter had been under more focused discussions in the past couple of months, but as yet, no deadline for a decision has been made.
Fewer than a dozen of the firm's 200 partners sit on boards. Although most of the large accounting firms prevent partners from sitting on boards, most law firms do not have such a strict policy.
Freehills' chief executive officer Peter Hay said: "Freehills' current policy does not preclude partners becoming directors of listed companies, but all appointments have to be approved by the firm, and the partner can't then undertake any legal work for the company." He added that the policy was regularly reviewed.
Similarly, Corrs Chambers Westgarth said that its policy was reviewed annually in June.