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.
Arthur Andersen's Hong Kong office Ede Charlton has become the latest casualty of its founder. The practice has been ousted from the accountancy firm's legal network.
The lawyers in the Hong Kong office are at a loss to identify the full reasons for the break-up, although Andersens has said it happened because the two differed over strategies.
The differences between legal and accounting practices are becoming starker as time goes on. Andersens' jilting of Wilde Sapte certainly rang alarm bells in the legal profession and this latest event will do likewise.
Inevitably there are casualties when a firm changes its strategy. However, Andersens is causing ripples among law firms, with the fall-out from such events making them think again about their interest in joining such an organisation. And the issue of lawyer retention is also pertinent - many of the firms in the Andersens network have seen the departure of some key people.
Law firms are grappling with people management and how to retain good lawyers. This looks set to become even more of an issue for accountancy firms.