The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Between 15 and 29 March this year, The Lawyer got around 600 associates to give their opinions on US firms.
The result? After almost 25 years of reporting on the legal market, you guys still have the capacity to shock us (see story).
The biggest shocks came when we asked which US law firm UK associates would most like to join. Baker & McKenzie came top, securing 20 per cent of the vote, while Bingham McCutchen - which pays its newly qualified City lawyers £100,000 a year - got just 2 per cent.
And Dewey & Le Boeuf, which has been hitting the headlines for all the wrong reasons lately, proved to be a more popular destination than the prestigious Wall Street firm Skadden Arps Slate Meagher & Flom.
Dispelling another popular myth (that US firms are unrelenting gulags that will rob you of a social life) half of the associates surveyed said that their US firm was no more demanding than their previous one.
Thank goodness, then, that money turned out to be a pretty big motivator for those joining US firms, with around 23 per cent of those that had moved to a US firm saying they joined for a pay hike.
We were beginning to think we didn’t know lawyers at all.