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.
If your legal budget is starting to resemble a grape in the sun, what you need is a go-getting GC to teach you how to make wine out of raisins. Today’s inspiration is Aviva Group’s GC Monica Risam, who had been in the post for less than 18 months when she kicked off the insurance giant’s first major law firm panel review in five years.
The job was no piece of fruit cake - there’s nothing like a chief executive hammering on about costs (a £400m cost-cutting plan, to be exact) to encourage heads of legal to cast a sharp eye over private practice suppliers and their fees. Risam steered clear of anything resembling a beauty parade and demanded a 15-25 per cent headline fee discount for firms pitching for the panel. Although costs were shrinking like vines in a heatwave, she wasn’t going to hang about waiting for others to take the initiative.
If you want the juicy details on the process, you’ll have to cast your eye over our lead feature. Sorry, that glass of red will have to wait.