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.
Would-be lawyers who have enrolled on the new fast-track Legal Practice Course (LPC) are facing lighter bank balances as some of the firms participating in the new programme slash their maintenance grants.
But some of the firms signed up to the course, which will see LPC study time cut from 10 months to just seven-and-a-half, have taken the axe to their maintenance grants because of the reduction in time spent in class.
Slaughters has cut its grant by 25 per cent from £7,450 to £5,580 while Freshfields has reduced its payments by 17 per cent from £7,250 to £6,000.
Future Lovells trainees will also see their maintenance grants take a hit after the firm cut its payments by 12 per cent from £8,000 to £7,000.
Slaughters graduate recruitment partner Robert Byk said: “We have reduced the maintenance grant for Slaughter and May students proportionately in line with the fact that the overall course is shorter.”
Herbert Smith and Norton Rose, however, have left their LPC maintenance grants unchanged at £7,000.
The new course, which was given the green light by the Solicitors Regulation Authority in January, will have two intakes per year, beginning in February and August.