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.
A pig called Napoleon once observed that, although all animals are equal, some are more equal than others.
What was true for the cloven-hoofed comrades of Manor Farm is now, it appears, also true for the bipedal inhabitants of the City’s law firms as the holy grail of partnership has become increasingly tinged by the suspicion that, for many, the title of partner remains nominal at best.
Research by The Lawyer has found that the proportion of partners sharing in the equity bounty has dropped by 8 per cent over the last five years (see story).
So while making partner still no doubt means a night or two on the bubbly stuff and, if you’re lucky, a move to a slightly bigger office, for many, the chance to share in those profits you’ve sweated bullets to help create is as distant a prospect as a Joy Division reunion.
Though, with law firms not quite the money-printing factories of days gone by, it might no longer be everyone’s ultimate ambition to share in the misery.
The Lawyer European Law Leaders Conference takes place on September 23 at the Adlon Kempinski, Berlin.
With delegates signed up from more than 20 countries, this unique gathering of senior figures from Europe’s leading law firms will discuss cutting edge legal developments in their jurisdiction and beyond. Click here for more details.