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.
ALLEN & OVERY is looking to double the size of its Frankfurt office over the next year in a move that will mirror Clifford Chance's rapid expansion in the German legal market.
According to Tim Arnheim, Allen & Overy's senior partner in Frankfurt, the German office now has 20 lawyers, twice the number a year ago. He said his office intended to continue growing at a similar rate.
Allen & Overy began its expansion last year with the poaching of partner Peter Hein from top German firm Bruckhaus Westrick Stegemann. It was thought to be the first time a UK firm had taken a partner from such a highly-rated firm.
Arnheim said one of his firm's main growth areas was its German law service.
The German market has been widely seen as a tough nut to crack for UK firms with German lawyers unwilling to move to UK firms. But Arnheim said his firm was not finding this a major problem.
Clifford Chance has had notable success in attracting lawyers from German firms and Linklaters & Paines is also making inroads into the German market.
Freshfields' Frankfurt office is currently involved in talks with Frankfurt firm Deringer Tessin Herrmann & Sedemund about a possible link-up.