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.
Norton Rose's entire securitisation group has resigned for Baker & McKenzie, leaving the top ten firm with no capital markets capability at partner level in London.
The four-partner team, which comprises Jonathan Walsh, Vincent Keaveny, Bruce Somer and Ian Porter,told the Norton Rose management of their intentions this week. It is understood their billings account for some £5m a year.
The team has agreed to serve out a full 12-month notice period as Norton Rose embarks on a search for replacements.
This contrasts with Norton Rose's experience three years ago when pressure from clients forced it to cut short the notice period of its four-partner acqusition finance team which had resigned for Allen & Overy.
Norton Rose banking partner Stephen Parish told The Lawyer: "This is a setback - it's always disappointing when friends and colleagues leave."
"They've done a great job in building the business and will leave us in 12 months' time in a stronger position than when we were starting out on this five or six years ago."
"We'll continue to service clients and will have 12 months to regroup."