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.
Haarmann Hemmelrath is to split its legal and tax division from audit to comply with the Sarbanes-Oxley Act and German legislation. The policy will be implemented at the end of the firm’s financial year.
The move follows a year and a half of turmoil for accountancy-tied firms in Germany.
Haarmann has also lost seven more partners, including the highly rated Markus Wenserski, a corporate heavyweight who has defected to Willkie Farr & Gallagher. Wenserski will give the US firm the M&A power it has so far lacked in Frankfurt.
The defections follow a decision by Haarmann earlier this year to move away from an ‘eat what you kill’ remuneration system. Although a large majority of the partners voted for the change, it has led to the defection of some of the firm’s biggest billers.