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.
Lord Carter of Coles has predicted massive consolidation for law firms and “the end of the £1m-a-year criminal defence barrister” in his report on legal aid procurement, unveiled this morning (13 July).
Speaking at a press conference to announce the report, Carter said its recommendations would reform the legal aid market and save £100m a year once fully implemented.
“This should provide the service, should thrive, and the model should be sustainable,” Carter said.
His recommendations include the introduction of fixed fees, payable on completion of a case, for simple criminal cases; a revision to the graduated fee scheme for more complex cases and civil matters; and the introduction of tendering for contracts based on quality, capacity and price.
Carter said that the new system will mean an end to the “unreasonably large amounts” paid to some leading counsel for arguing complex cases. He also predicted that it will result in more mergers between law firms and the end of around 400 small criminal practices.
The Department for Constitutional Affairs (DCA) and the Legal Services Commission also launched a consultation paper this morning designed to canvas the profession’s opinion on the proposals. The consultation period ends in October 2006.