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.
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I read with amusement that lawyers are complaining about 50 per cent increases in their Solicitors' Indemnity Fund (SIF) premiums.
Aren't they lucky? I work from home in the intellectual property and competition law fields and have done so for more than three years.
I have never made a claim on the fund. My contributions for the forthcoming year will be 4.8 times the current premium (that is 480 per cent).
The SIF premium is my highest overhead (I have no wages or rent to pay). It would be deceptive to suggest that this increase is caused, in the main, by anything other than my increased turnover. Perhaps we should specify the indemnity portion of the hourly charging rate separately on bills to clients.