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.
The Chinese authorities in Beijing have handed out the first set of second-office licences granted to foreign law firms
Five licences were issued to Hong Kong firms in March, but firms from outside of greater China have had to wait. It is thought that this was a political move on the part of the People's Republic of China (PRC) government to favour publicly Hong Kong firms. Linklaters, which up until now has used the associated Beijing office of Dutch alliance member De Brauw Blackstone Westbroek, has just been given its own licence to operate. Linklaters partner Celia Lam will move from Hong Kong in July to head up the firm's new practice in the Chinese capital. It is still unclear what the Linklaters-De Brauw relationship will be on office-sharing now that the firms have decided against a merger. Allen & Overy (A&O) and Clifford Chance have been awarded licences that give official sanction to the de facto second offices they have been operating for some time. A&O has been using the Beijing office of the now defunct Belgian firm Loeff Claeys Verbeke, whose partners it took on two years ago, while Clifford Chance has been using a Pünder office. The second licence will allow both firms to rebrand and use their own names across the PRC. Norton Rose has been granted its first licence for the PRC. It is understood that the Beijing office is already beginning to attract work. Licences have also gone to a number of US firms, including Sidley Austin Brown & Wood, which has been running two offices since the merger. Firms that have applied for Shanghai licences, including Freshfields Bruckhaus Deringer and Herbert Smith, are still waiting for the authorities to issue them.