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.
It is understood that the office is resisting moves to join with Ashursts, arguing that the shift would remove any independence it has from its US parent.
Last week The Lawyer exclusively revealed that the two firms were engaged in talks.
But one source says: "Lathams in London is against it because it would damage its autonomy. Instead of running a nice little London office it would become part of Ashursts."
One industry insider says that the US office is committed to expanding its European practice through a merger rather than organic growth, and is limiting its search to those firms outside the magic circle.
One source says: "It has got some good people there who are very focused.
"I think that the firm likes the opportunity of being independent and of growing its own office.
"It wants to grow it in its own way, concentrating on its corporate, projects and banking department rather than becoming part of a larger entity."
Another source says: "There is not one US firm in London that is not thinking about a merger at the moment."
Joe Blum, managing partner at Lathams' London office, says: "We do not comment about speculation on mergers."