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.
Former KLegal managing partner Nick Holt has quit the law and re-emerged at headhunting firm Global Legal Search alongside his former Coward Chance (now Clifford Chance) partner Colin Potter.
Holt, who is understood to have had a number of alternative offers, said: “I’ve been a partner in a US law firm, a partner in a major UK law firm and an in-house counsel. I had to ask myself, did I really want to do something like that again?”
Holt quit KLegal in January following a decision by the firm and its accounting parent KPMG to sever ties.
KLegal’s 2002 merger with Scotland’s McGrigor Donald, which Holt steered through, left it in a strong position where it could continue as an independent law firm without the backing of KPMG.
Holt and Potter worked together at Coward Chance before Holt went in-house in Hong Kong in 1984. The pair were nearly reunited in 2000 when Maurice Allen persuaded Potter to leave Clifford Chance to join his Weil Gotshal & Manges team at White & Case. Holt, who was also at Weil, plumped for a role as managing partner of KLegal instead.