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.
Mergers are all the rage. First it’s Hogan and Lovells (see story). And now, on a slightly less grand scale, EC3 giant Clyde & Co is in talks with construction and infrastructure firm Shadbolt Law, as revealed on TheLawyer.com today.
In many ways Clydes’ bid to snap up Shadbolt is a sign of a more significant long-term trend shaping the market. Over the course of the last year we’ve seen a gradual acceleration in bolt-on acquisitions.
These include Beachcroft’s acquisition of Kingslegal’s personal injury business (see story), Hill Dickinson’s merger with Middleton Potts (see story), Veale Wasbrough’s union with Vizards Tweedie (see story), and the tie-up between Speechly Bircham and Campbell Hooper (The Lawyer25 May).
What’s more, Clydes has been here before; it gobbled up aviation specialist Beaumont and Son in 2005, and it’s had one of the boldest expansion strategies of any major City firm, notably launching in the US in 2006 (see story).
With bolt-ons being the easiest way for larger firms to add resource, niche firms are being bombarded with offers.