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.
Clifford Chance passed 12,000 hours of work to its Indian service centre in the last financial year, the equivalent level that would be done by seven London associates at 100 per cent utilisation.
Indian legal website LegallyIndia.com reported that lawyers in the Indian knowledge centre, which is based just outside Delhi, worked with 15 offices around the firm’s international network, doing work on over 300 client projects.
The website quoted the firm’s annual report as saying that the knowledge centre, which has grown from four lawyers in 2007 to around 30 now, has enabled Clifford Chance to significantly reduce client bills.
“On a large project for a major international bank the use of Knowledge Centre lawyers for certain aspects reduced the overall cost to the client by almost 20 [per cent],” the report said.
Lawyers from the Indian offshoring centre have also been seconded to Clifford Chance’s Dubai, London, New York and Singapore offices.
As revealed by The Lawyer last year, the firm ramped up its offshore paralegal capacity so that Indian staff could handle much of the work that had been handled by London trainees and paralegals (11 August 2008).
At that time the firm projected that it would save £8m annually from the project.
The firm began looking seriously at India in 2007 (4 June 2007).