The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Bath-headquartered Thrings has named company commercial head Simon Holdsworth as its new managing partner succeeding Thomas Sheppard.
It comes as Thrings prepares to ringfence its personal injury (PI) practice into a separate business (28 September 2012).
Sheppard will lead the development of the PI practice as he steps into the executive chairman role, with responsibility for overseeing the management board.
He said: “One of the things I’ll be doing is taking the PI business and leading that, still as part of Thrings, but as a separate legal entity, which should be in effect in the next 12 months.”
Thrings’ PI business accounts for between 10 and 15 per cent of the firm’s £21m turnover and comprises some 20 lawyers.
Asked whether the firm had applied for an ABS licence he said: “I expect that will happen but its not an immediate requirement. We are not looking for external investment or non-solicitor partners.”
Holdsworth has been shadowing Sheppard for the past 12 months in preparation for the handover.
In September last year Sheppard told The Lawyer that the firm was seeking to incorporate the PI business before applying for ABS status because of a perceived bottleneck in the SRA’s application process.