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.
Allen & Overy (A&O) has posted a better than expected turnover for the last financial year, with gross fees rising by 17.4 per cent to £580m
The Lawyer also understands that partner profits look set to dip just below last year's record levels, with plateau partners still earning over £1m. In November last year, The Lawyer revealed that A&O was slashing its partner drawings by 20 per cent as a response to the downturn. "A quarter of the way into the year, the budget was proving optimistic," said a source. "It was about prudential financial planning and to stop partners getting complacent." A&O's performance was helped by its strong showing in the M&A tables last quarter. "You only need one M&A transaction to transform things," said a source.