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 waits on China green light" />Clifford Chance announced recently that it intends to team up with a Chinese law firm as soon as the Chinese government allows it.
The firm's Asia managing partner Jim Baird says: "[China] is a high-priority strategic focus of many of Clifford Chance's global and major regional clients. Accordingly, China remains a key focus for our firm."
Clifford Chance poached rated China corporate partner Rupert Li from Morrison & Foerster recently, continuing a series of high-profile moves by the magic circle in Asia.
Li will relocate to Clifford Chance's Beijing office, which is the first step in the firm's ambitious plan to double its presence in mainland China.
While Clifford Chance waits patiently for the Chinese government to open up the legal market to foreigners, Eversheds has been granted a licence to practise in Shanghai by China's Ministry of Justice. Former Linklaters associate Peter Corne will be the managing director of the office, which is Eversheds' first in mainland China.
It seems that no firm can be close enough to the mainland action. Once it has been granted its practice licence, Shearman & Sterling is planning to downsize its Hong Kong office by transferring a large section of the team to a new Shanghai office.
Beijing managing partner Lee Edwards says: "We're concentrating our efforts to staff our China work out of China.