The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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.”