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.
Since the end of the recession - a watershed period for legal businesses - in-house lawyers have called the shots on fees. Private practices were bending over backwards to provide companies with competitively-priced services.
But they weren't bending far enough, according to the findings of our survey. Fees are still a big bone of contention. Yes, in-house teams found external advisers helpful. Yes, very few found them patronising.
But 70 per cent said that fees were simply too high and, more significantly, that they intended to seek out cheaper alternatives. Private firms may disagree about the in-housers' fee complaint but in the end they have no choice.