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.
Ashurst has revamped its associate career path, introducing the position of counsel as an alternative or added step to partnership across its entire international network.
The new role, to be introduced in the new financial year, will be targeted at lawyers working in jurisdictions or practice areas that do not have the business case for partnership or lawyers who are not business generators.
Managing partner Simon Bromwich said: "We want counsel to be a meaningful position to obtain. It will be for strong lawyers with a high level of experience who command respect both internally and with clients."
As part of the shake-up, Ashurst is also introducing formal associate and senior associate titles, replacing its existing broader 'solicitor' title and PQE framework.
Bromwich said: "We're trying to reflect the performance of people at different levels. We've been very precise on the explanations of the performance required as people progress."
These performance guidelines focus on several core areas such as technical ability, business development and client relationship management. It does not include billable hours targets.
A document explaining the new structure was distributed to the firm last month (January). The firm's practice heads are now in the process of identifying candidates for counsel and senior associate posts.
At the same time, Ashurst has hired a director of training, Amber Moore, who joins from DLA Piper in March.