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 stalled the review of its early retirement packages while it awaited the outcome of the age discrimination case brought against Freshfields Bruckhaus Deringer by former insolvency partner Peter Bloxham, The Lawyer can reveal.
Currently Clifford Chance allows any partner made up before 2005 to take early retirement at the age of 55 and receive a percentage of plateau profits until they turn 60.
When age discrimination laws came into effect last year the firm looked at removing references to age in the annuity package, but waited for the outcome of Bloxham v Freshfields before making a final decision.
A source at Clifford Chance said it was vital for the firm to know that outcome before making any changes to its own packages, as it sets a precedent for how such cases will be dealt with.
Proposals on how to update the annuity are currently with Clifford Chance partners and will go to a partnership vote next month.