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.
Baker & McKenzie (B&M) has reorganised its partnership structure becoming the first international law firm to operate as a Swiss Verein.
B&M was an Illinois partnership, reflecting the firm’s roots, but not its status as an international law firm.
Rather than reorganising as a limited liability partnership, as chosen by many firms including Allen & Overy, B&M has chosen the Swiss Verein structure favoured by accountants such as Deloitte Touche Tohmatsu and KPMG.
Each member firm of the Swiss Verein will operate as a separate legal entity, significantly increasing the liability protection for the firm.