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 Law Society survey which found that 71 per cent of sole practitioners see themselves as specialists has prompted president Tony Girling to call on them to follow the lead set by barristers and band together in chambers-type arrangements.
In an interview in this week's edition of The Lawyer (see page 11) Girling argues that sole practitioners should work together in a single building, sharing overheads but not forming a partnership.
"You'll have a building where you have three sole practitioners, one of whom does nothing but property, one who does nothing but employment and one who does nothing but civil litigation," said Girling.
"I think the future of very small practices lies in concentrating on your strengths and cross-referrals on that sort of co-operative basis."
John Lymbury, chair of the Sole Practioners Group, said it had already produced a suggested heads of agreement form for solicitors' chambers, around 35 of which have so far been requested from the Law Society.
The Law Society survey of solicitors, that has yet to be published, also found 51 per cent of the profession wanted their professional body to actively pursue the idea of multi-disciplinary partnerships (MDPs).
Girling said the Law Society must look to overcome the problems of legal privilege, conflict of interest and the question of just who will control an MDP.