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.
Philadelphia law firm Duane Morris has joined the frenzy of US firms searching for a UK merger partner.
Chairman Sheldon Bonovitz told The Lawyer the firm is keen to bolster its London practice through a merger or acquisition, following the success of its takeover of San Francisco's Hancock Rothert & Bunshoft last week.
Bonovitz said the strategy was to fill out its existing footprint of 17 offices, including the UK, through bolt-ons or mergers, but the firm was not in advanced discussions with any UK firms at this stage.
The revelation follows a wave of US firms visiting London over the summer to discuss transatlantic mergers with mid-sized law firms. These include Cooley Godward, Goodwin Procter and Nixon Peabody.
Duane Morris's merger with Hancock, which will be effective from 1 January 2006, will see the addition of more than 60 lawyers to its San Francisco office, bolstering the firm's local team to 90 lawyers.
It will also see the AmLaw 100 firm take on Hancock's Los Angeles, Las Vegas and Lake Tahoe offices.
At the same time, the Los Angeles office has been bolstered by the hire of corporate partner Russell Roten and four associates from Coudert Brothers.
The combined firm will have more than 600 lawyers in 19 offices and is projected to generate a revenue approaching $350m (£200m) in 2006.