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.
The move is expected to result in a number of redundancies. The magic circle firm announced the review to London-based staff on Wednesday (18 October) and is now going through a consultation process with affected staff.
Those areas affected by the review include knowledge management, business development and public relations.
A Freshfields spokesperson said: “Any proposed changes are all about setting the firm up to provide the best service to clients.”
Freshfields is the latest magic circle firm to review its support services. As first reported on www.thelawyer.com (2 October) Clifford Chance is planning to move 300 jobs to India in a bid to make savings further savings of up to £30m.
Clifford Chance is looking to launch a shared service centre in Delhi, which will comprise part of the global finance and IT support function.
Accordingly, the firm is also consulting with its staff to identify which roles within its accounting and IT functions in various centres around the globe can be moved to India. The project will almost certainly affect employees in London.
In May this year The Lawyer revealed that Clifford Chance had axed a total of 700 business support jobs over three years. That reduction in headcount allowed the firm to let out two floors at its Canary Wharf headquarters, which is thought to save it another £2m a year.