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.
Exchange Chambers is gearing up to become the first set to launch a dedicated mediation group as the bar explores radical new ways to shore up its position in the post-Woolf landscape.
The 90-barrister set laid the groundwork last week when a third of its members became accredited mediators.
The top 30 chambers has now put the wheels in motion to launch a mediation group as a separate non-core business within the next few months.
Bill Braithwaite QC, joint head of chambers and an accredited mediator, told The Lawyer: “Judicial pressure, along with a growing realisation of the cost benefits of using alternative dispute resolution [ADR], has led to a dramatic increase in the number of cases being resolved through mediation.”
Chambers director Tom Handley said: “In a changing legal market this provides us with a significant competitive advantage.”
A decade ago Lord Woolf recommended a shake-up in the dispute resolution arena with the aim of avoiding “slow, expensive and unpredictable” litigation in favour of ADR.
In the past year the bar has seen a huge surge in chambers creating dedicated arbitration practices to cope with the drop in litigation. One senior clerk told The Lawyer: “Exchange Chambers have made innovative use of Woolf’s reforms. There are many other chambers thinking about this.”