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.
The London office of Paul Weiss has hired a practice development specialist to manage its referral relationships in the UK.
The New York firm, which does not currently have any English law capability, operates a best friends network with firms that include Slaughter and May, Nabarro and Macfarlanes.
Former Baker & McKenzie business development manager Ed Enzor is understood to have now been given responsibility for “looking after” these relationships, supporting the London office in pitches and potentially looking to expand its referral pool.
Enzor started in the newly created role last week, having spent three years at Bakers and one at Freshfields Bruckhaus Deringer.
Paul Weiss has a close relationship with Slaughters, working with the firm last year advise UK estate agency Countrywide on the US law aspects of its IPO (20 February 2013). The two firms also paired up for Cineworld’s proposed combination with Cinema City International in January this year.
Rival Davis Polk & Wardwell also operates a best friends strategy with Slaughters, although the US firm recently launched an English law practice (February 11 2013). The two firms continue to work together, sharing clients such as Taylor Wimpey and Resolution.
Paul Weiss is best known as one of the US’s premier litigation practices, a tag borne out by prominent roles last year for clients such as Citigroup, Bank of America and JPMorgan.
Its 2013 global revenue figure stood at $934.6m for the year, while its profit per equity partner bumped up 8 per cent to $3.62m.