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.
I was interested to read the article "New Zealand firm goes on recruitment drive in UK" (The Lawyer, 21 October).
While I have every sympathy with firms seeking assistants and not finding suitable candidates, your readers should be aware NZ salaries have been near static for years. Major Auckland firms have recently been hiring recent graduates of the Institute of Professional Legal Studies (newly-qualifieds) at salaries of around $NZ30,000 - under £12,000.
Oversupply of solicitors continues, with 26 per cent more practising solicitors than six years ago. Solicitors with six years' commercial experience are rarely paid more than £30,000 with few fringe benefits. Even when living expenses are taken into account, NZ solicitors are significantly worse off than their City counterparts.
When out-of-town firms report up to 50 candidates applying for some posts, solicitors contemplating working in the Antipodes should consider their options very carefully.