Despite training U-turn, high street law venture will remain a draw Do you like scary movies? The Co-op doesn’t. After being spooked by a rocky financial performance, in which it lost £3.4m in the first half of 2013, Co-operative Legal Services (CLS) has decided that it might not be such a wise idea to press […]
A minority of international firms saw UK revenue fall as global platforms kicked in. The majority of this year’s top 30 international firms in the UK table saw a return on the investments they made in the past three to five years. Only seven firms on the list saw their UK revenue drop last year, a […]
It’s not only law firms being organised on more businesslike lines. Leading sets are seeing the rise of ‘superclerk’ top executives. The impact of the seismic changes shaking up the legal market across the UK and filling the pages of The Lawyer UK 200 Annual Report 2013 is not limited to solicitors or law firms. […]
Uniquely, the UK 200 includes independent editorial on every firm in the table. Here is a selection of this year’s analyses To purchase access to the full report visit www.thelawyer.com/uk200 or contact Daniela Badcock on +44 (0) 207 970 4582 Allen & Overy Allen & Overy (A&O) had a muted 2012/13, with turnover inching up […]
To purchase access to the full report visit www.thelawyer.com/uk200 or contact Daniela Badcock on +44 (0) 207 970 4582 Who do you see in the bathroom mirror each morning? A lawyer? A businessperson? Both? The idea that law firms need to ensure that they operate in a financially sustainable way is hardly a new one. The […]
The Lawyer published a bumper edition including an executive summary of The Lawyer UK 200 Annual Report 2013 in association with KPMG, in which we reveal the financial rankings for the top 200 law firms in the UK, the top 30 international firms and the top 30 barristers’ chambers. To purchase access to the full […]
Grand old Paris firm takes radical action to reboot dwindling partner line-up Sometimes the bitten turns biter. More than any other firm in Paris, Gide Loyrette Nouel has suffered from high-level departures. In March a trio of corporate partners – Antoine Bonnasse, Youssef Djehane and Jean-Emmanuel Skovron – left to launch boutique BDGS. The same […]
Are Manches’ partners celebrating merger more than Penningtons’? Penningtons Manches had its first partner conference last Friday (18 October), days after Penningtons bought Manches in a surprise pre-pack deal. From the outside it’s hard to imagine what went on in that conference room – was it the kind of event that warranted a post-couscous hand […]
Our revenue per lawyer figures show that there’s high-value work in niche firms, but are this metric’s days numbered? Unlike the profit per equity partner (PEP) ranking, The Lawyer’s revenue per lawyer (RPL) table covers all the 200 firms in our study. But the question is – how long will RPL continue as a workable […]
This year’s UK 200 shows how firms are battling a feeble economy with ruthless efficiency. A decade ago those words would most likely be employed to describe a 12-month period of booming revenues and profits across the UK’s largest firms, driven by debt-fuelled M&A and a buoyant legal market. That was certainly not the case […]
Litigation-heavy firms continue to be the high rollers in the ever-popular profit per equity partner stakes. Profit per equity partner (PEP) is not the most worthy benchmark, but it is the most enduring. Our table shows the PEP rankings for the top 100 firms by revenue in The Lawyer UK 200 Annual Report 2013 Profit […]
Trade mark law is now so complicated that even specialist judges find it hard to interpret In 1994 the legislature made a major change to trade mark law. This was intended to provide the ability to register “non-traditional” trade marks such as colours and shapes, as well as words and Logos. It can now safely […]