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.
A Government-appointed committee has taken the first crucial step towards opening ownership of Norway's law firms to foreigners.
The move would pave the way for DLA to step up its merger plans with pan-Nordic ally Lindh Stabell Horten, and would allow other firms with a strong interest in the oil industry to establish closer links.
The committee recommended that a law firm should be able to own shares in other law firms and that, with certain conditions, this should also apply to foreign law firms.
Despite this general recommendation, opinion is split on proposed ownership rules, with a minority of committee members suggesting that foreign ownership should be limited to just 50 per cent.
Norwegian Bar Association chairman Helge Aarseth has been hostile towards the committee and its findings. He believes that foreign ownership interferes with lawyers' independence and that the issue should be resolved by discussion between the Bar Association and the Ministry of Justice.
The committee consists of members of the Norwegian Bar Association, a senior official from the Norwegian Competition Authority, a member of parliament, a judge, an auditor and a representative of the consumers' council.