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.
Partners at Clifford Chance are anticipating a profit per point uplift of around 25 per cent at the half-year stage following a year when average profit per equity partner (PEP) at the firm slumped by 37 per cent.
At the end of the 2008-09 financial year an equity point at the magic circle firm was worth £8,700, down from £13,200 the previous year.
Sources at the firm said early indications suggest that each equity point will be worth around £11,000 at the end of October, which is halfway through the firm’s financial year.
Clifford Chance operates a nine-year lockstep that runs from 40 to 100 points, meaning that at this level its equity spread would theoretically go from around £440,000 to £1.1m. At the 2008-09 year-end the equity spread was £350,000-£870,000.