The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
BUSINESS confidence am-ong law firms is picking up and is expected to grow even more next year, according to a nationwide survey of legal practices by business consultants Grant Thornton.
The results of the survey of 180 law firms indicate that 1994 was a better year for business than 1993, and over half of the respondents expect 1995 to improve again. The firms covered by the survey have over 1,800 partners, with a combined fee income of over u450 million.
The survey shows 43 per cent of solicitors estimated their private client work had improved in 1994, while only 29 per cent had seen an improvement during 1993.
For commercial work, 35 per cent of solicitors said there had been an increase in business in 1994 as opposed to 23 per cent in 1993.
With legal aid work, however, 36 per cent of solicitors saw an improvement in their business in 1994, compared with 43 per cent in 1993.