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 Morris Crisp has changed its position yet again on the issue of remuneration in the run-up to the partnership vote on a merger with Fried Frank Harris Shriver & Jacobson.
The Lawyer understands that just two Ashursts partners from an original shortlist of five will be granted points above the top of lockstep, more commonly known as 'super-point' status. The two partners in question are head of M&A and buyouts Charlie Geffen and Thomas Forschbach, a highly-rated Paris-based partner.
Sources have told The Lawyer that the firms are in talks about the issue of awarding points above the top of lockstep, since the intention is to phase out super-points over a five-year period. However, while this process is worked through, enough profits need to be ringfenced to support the allocation of these points.
At present Fried Frank has 10 partners who are awarded points above the top of lockstep.