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.
Ashurst partners want rub of the green" />All of Ashurst's 132 equity partners will meet senior partner Geoffrey Green over the coming months as part of the top 10 firm's far-reaching lockstep review, which will rebase partnership points to a 25-65 point scale from its present 20-50 range. They are going to have to prove their value to the partnership.
But how does one do this? Ashurst is not so vulgar as to think in purely monetary terms.
Value is appraised in five different ways by Green: he probes partners' client-facing skills, business development skills, technical expertise, market reputation and contribution to firm initiatives. Billable hours are notable by their absence on the list.
But let it not be said that the firm is inconsistent: all of Ashurst's associates are appraised using very similar measures. Bonuses, pay and charge-out rates depend on how well associates meet targets set in performance guidelines.