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.
Following a partners meeting in Hong Kong earlier this month, Clifford Chance has decided on a change to its Asian strategy.
The firm is understood to view China as a key market, particularly in light of its recent accession to the World Trade Organisation (WTO). A source said: "What's revised is the strategy. There's a significant re-emphasis on China." China joining the WTO will open a massive market for international law firms, which will need to have their strategies in place. The spokesperson added: "We'll gear up significantly over the next 12 months. We're sending two partners - Stephen Harder and Peiji Gao - out of Hong Kong to China." Relocating these partners to concentrate on exploiting opportunities in China is the initial phase of the firm's plan. Clifford Chance already has a strong presence in China. Thanks to its merger with Pünder Volhard Weber & Axster, the firm has been able to work around regulations prohibiting foreign firms from opening more than one office in the country. The firm has a Shanghai base under the Clifford Chance name and a Pünder office in Beijing. It also has a number of lawyers in its China practice working outside the country. Clifford Chance has a Beijing-Shanghai-Hong Kong-Munich network, which totals 50 lawyers focused on China-related matters.