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.
Snail sends his thanks to Gaye Moran, a solicitor and also senior lecturer at London South Bank University, for the following response to last months revelation in Lawyer 2Bs sister title The Lawyer (15 January) about Dewey Ballantine chairman Mort Pierces remarkable annual hours.
Moran writes: Im amazed that any person, human (or with clone?), can purport to bill 3,000 hours per year. The maths go something like this: 3,000 divided by 365 (days in a year) = 8.21 hours per day. But no one works every single day of the year for a full 8.21 hours. So we look at 365 days minus seven bank holidays = 358, minus 20 days holiday (which is the minimum that I would guess for a senior employee) = 338, minus 104 (weekends) = 234 days. Three thousand divided by 234 = 12.82 hours per day. If this person eats or pees then he must extend his working day accordingly. So if he starts his day at 9am he must work on billable matters without any break until 10pm. If he stops for a toilet break or to eat he may not leave work until he has completed his daily 12.82 billable hours.
Yours with awe, Gaye Moran, solicitor, senior lecturer, London South Bank University.?