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.
Bircham Dyson Bell's managing partner Michael Wood has announced his retirement just days after revealing ambitious plans for the firm to enter The Lawyer's top 50 league tables within five years.
Wood, who has been with the firm for 30 years and has been managing partner since January 2003, is to retire from the firm in May next year in order to launch a management consultancy firm.
An election for the role of managing partner will now be held in September, leaving a lengthy period for Wood to hand over his client relationship and firm management roles.
Wood has seen Bircham's turnover increase by 30 per cent during his reign, from £18.8m in 2002-03 to £24.6m last year.
The firm, which ranked 77th in last year's The Lawyer UK 100 Annual Report, is now targeting exponential growth in order to nearly double its turnover and enter the top 50 league table in the next five years.
As part of the firm's growth strategy, as revealed by The Lawyer last week, Bircham is searching for further bolt-on firms similar to its merger with niche social housing practice Jenkins & Hand in April. It also plans to convert to a limited liability partnership by the end of the year.
Birchams has also overhauled its management structure, replacing the previous executive committee with a two-tier management and elected partnership board structure. The new managing partner will sit on both committees.