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.
Bird & Bird has posted a revenue rise of 4 per cent from £249m to £259m but has indicated that net profit will be down on the £47.5m reported at the 2012/13 year end.
It comes after an expansive year at the firm, which has seen it push for growth in the Asia Pacific region.
In February Bird & Bird signed a cooperation agreement with South Korean firm Hwang Mok Park (25 February 2014). It was the first international firm to tie-up with one of Korea’s top 10 firms by lawyer numbers, although the strategic alliance is on a non-exclusive basis.
That came almost a year after the firm tied up with Australian TMT boutique Truman Hoyle (22 March 2013). It also has a similar cooperation agreement with Chinese firm Lawjay Parnters and Malaysian firm Tay & Partners.
The firm has enjoyed more than 25 years of continued revenue growth. Since 2007/08 turnover has climbed 80.2 per cent from £143.7m.
It is yet to publish average profit per equity partner (PEP) figures. Last year PEP stood at £515,000, up 10.3 per cent from £467,000 (4 June 2013).
Bird & Bird has continued expansion at the beginning of the financial year. Yesterday the firm announced a move into Indonesia through strategic cooperation agreements with two Jakarta-based firms, IP boutique K&K Advocates and five-partner firm Nurjadin Sumono Mulyadi & Partners (25 June 2014).