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.
South East firm ASB Law has announced a profit increase of almost a quarter for the last financial year, but it is less bullish about its turnover. Profit per equity partner has shot up by 24 per cent to £161,000, compared with £130,000 for the previous year. However, the firm declined to reveal its fee income, claiming that it was "steady". In 2004-05 the firm generated a turnover of £18.2m and last year reorganised, cutting 11 jobs across its offices. ASB also suffered the departure of three private client partners to Goodman Derrick. However, it has recently started a hiring spree at associate level. The 2004-05 financial year also saw the departure of chief executive Christopher Honeyman Brown, who left the firm in February to pursue other interests. Lorraine Cushnie