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.
Dublin mid-sizer BCM Hanby Wallace has kicked off a review of its lockstep in an attempt to introduce more flexibility.
The 29-partner firm operates a 10-year modified lockstep for its 12 equity partners, which includes a 10 per cent merit element awarded at the discretion of the managing partner. Partners enter equity on 40 points, rising to 100 points along the ladder, which, according to one source, in practice takes eight years.
"The system is a little too rigid and the gap between top and bottom is too wide," said managing partner Gary Byrne. "One of the features of growth is to have an eye on the career path of your lawyers, which is what this represents."
BCM has been adding lawyers across the firm, notably in corporate, banking and real estate. Hires have included Fiona O'Neill, a construction associate who joined from Arthur Cox in July.