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.
BLP shake-up sees firm facing up to a world of changed priorities
De Pury: looking East
First corporate head John Bennett moves to an international role. Then real estate head Robert MacGregor becomes chairman, to be replaced by Chris de Pury. Berwin Leighton Paisner(BLP) is seeing a generational shift in its departmental leadership.
At least de Pury’s accession continues a tradition. Both MacGregor and de Pury were high-profile laterals brought in on huge guarantees of over £1m, MacGregor arriving in 2004 from Clifford Chance and de Pury in 2007 from Herbert Smith.
De Pury is adamant there will be some differences.
“Robert has done a good job at getting people going in the same direction,” he says. “He’s a hard act to follow and it would be impossible if I were another Robert.”
De Pury represents a symbolic shift in client base. While MacGregor’s constituency was listed property companies such as Canary Wharf, de Pury’s client stronghold includes Asian investors, notably Korean and Malaysian funds.
And de Pury’s job is infinitely harder than MacGregor’s was. MacGregor arrived at the start of a bull market that propelled the firm into the silver circle. The real estate practice turned over £64.1m in 2011 and dipped to £62m in 2012 - not bad considering economic conditions, but de Pury will have to lead his group in a declining market. The fact the firm has made up only one partner in real estate this year shows that, despite its new Asian clients, it expects precious little top-line growth in its marquee practice.