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's management board is facing two crucial decisions, on conversion to a limited-liability partnership (LLP) and whether to reappoint managing partner Simon Bromwich for a second term by the end of the year.
It is understood that the firm will discuss a possible conversion to LLP status on either 1 May 2007 or 2008 during the firm's next quarterly partnership meeting later this month.
At the same time the management board is kicking off a process of informally canvassing the partnership on whether Bromwich will be reappointed for a second three-year term from January.
Under the firm's management process, the managing partner is appointed directly by its eight-member management board, rather than by a partnership ballot.
As such the board is now understood to be considering possibilities for the next three-year term of the managing partner role, based on the firm's financial performance over the past three years and the views of the partnership.
A ballot on whether to convert to an LLP is also thought unlikely, with the board likely to make the decision based on a general consensus within the partnership.