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.
Berwin Leighton Paisner (BLP) is forging a strategic alliance with New York firm Kramer Levin, as it embarks on an ambitious international growth plan
The alliance, which is seen as the prelude to merger at a later date, is the first stage of an all-out joint attack on the European market, and represents the first transatlantic law firm deal since Mayer Brown Rowe & Maw. BLP managing partner Neville Eisenberg said: "There isn't a model for this. There are failed models, but we're trying out a new method. We're not just getting together to do a bit of joint marketing and so on - there is a clear business plan to build up the European network." Kramer Levin managing partner Paul Pearlman said: "This is a joint collaboration between London and New York to establish a European network. We have a number of clients with a international presence, and have been looking at international expansion for a relatively long time." BLP has been trying to internationalise its practice ever since its merger in 2001. It currently has a small office in Brussels and is known to have been scouting Germany for a tie-up, but has never succeeded in building a Continental practice. The Kramer Levin alliance will hand it immediate representation in Paris and Italy. Its six-partner Paris office was originally part of Rogers & Wells, but spun off at the time of the merger with Clifford Chance, while the 30-lawyer Milan office is an association with Studio Legale Santa Maria. Eisenberg said: "We'll be looking at how to progress plans to attract [firms in] Germany, Spain and the Netherlands." According to AmLaw 200, Kramer Levin turned over $133m (£85.3m) last year, with average profits per equity partner of $795,000 (£510,000). According to The Lawyer 100, BLP turned over £86.2m, with profits per equity partner at £260,000.