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.
All of the above firms will be included in the review, but only firms that are members of The Matrix have been contacted at this stage. The restructuring will be carried out this summer.
An insider at Barclays says: "It is time to spring clean again. We are looking at the whole thing again in an attempt to tidy it up.
"We want to develop a coherent structure. Leaner relationships are better. It is easier to manage just a few firms."
He adds: "The firms currently in The Matrix are expected to provide for a good range of things from advice to Barclays Capital to retail banking.
"There are a lot of things happening regionally and locally. There are too many firms in the whole empire. The Matrix may get smaller, but we do not know yet."
However, he also says that some firms outside The Matrix may be brought into it.
The Lawyer revealed that the winners after the corporate recovery cull last year were Dibb Lupton Alsop, Hill Dickinson, Salans Hertzfeld & Heilbronn HRK, Bristol-based Lawrence Tuckett and Watford practice Matthew Arnold & Baldwin.