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.
What is it about motoring companies suddenly going ga-ga for the legal market?
Last week RAC dipped its toe into the legal sector by laying the foundations for a deal with Quindell Portfolio. Then motor insurer Admiral entered the legal market after being granted an ABS licence. Now, vehicle incident management group FMG has launched an ABS with NewLaw. That’s a major set of issues for any general counsel to deal with.
It has been only a week since the Jackson reforms were implemented, but already the impact is being felt in the ABS sector. The loss of referral fee income and prevention of after-the-event legal expenses recoverability has forced volume outfits to look again at how their model operates.
It explains why a number of motoring companies have suddenly got the hots for the legal sector - for insurers with big books of personal lines motor business the income gap needs to be plugged and the most effective way of doing that is partnering with law firms.
You could say motoring GCs are becoming a driving force.