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.
Slaughter and May and maverick High Court judge Mr Justice Jacob have had a costs spat over a complex tax case. Judge Jacob turned down an interlocutory application brought by Slaughters for client Rory Carvill, and turning to costs on the half-day hearing asked: "Slaughter and May wants £43,000?" He continued: "Can I just ask, are your clients being charged £43,000 for a bundle of documents being produced like this? I must say I find that this is extortion." He went on to savage the firm's case preparation, saying: "I'm afraid I've taken the practice of requiring solicitors to write to their clients if their papers are in a mess, saying you are being billed for things that have been in a mess." However, Judge Jacob relented, adding: "Anyway, I'm not going to do it, but you can consider it a close-run thing." Around half the costs were attributable to Slaughters for 60 hours of work, which is within court guidelines for City firms. A source close to Slaughters claimed the spat was over a missing staple, but other sources say Judge Jacob disapproved of fee levels. A City litigator said: "This judge is known for expressing concerns about solicitors' costs. It's not surprising he's chosen to go for Slaughters." Slaughters in-house tax consultant Bob Ramwich used Elizabeth Gloster QC and Giles Goodfellow QC; the defendant, the Inland Revenue, instructed Timothy Brennan QC, Rabinder Singh QC and Hugh McKay. Slaughters declined to comment other than to say it had behaved properly.