The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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 magic circle giant has already slimmed down in a Linklaters-esque move, shedding 100 equity partners through an overhaul of the firm's pension system and equity structure. That's on top of the support staff losses caused by the integration of its knowledge management and business development functions.
But as revealed by chief executive Ted Burke in theFebruary edition of The Lawyer Podcast (www.thelawyer podcast.com), Freshfields is now mulling over whether to take another magic circle rival's lead - this time Clifford Chance - and outsource some of the firm's support services. Clifford Chance is transferring 300 accounting and IT jobs to Delhi this year in a bid to save £10m and, in Burke's own words, a similar scenario "is under consideration" at Freshfields. Good news for the firm's surviving partners, but perhaps not for some of the support staff, unless a move to India is on the cards.