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.
THE LAW Society council has rejected calls to reduce the practising certificate fee.
Members voted overwhelmingly against a proposal to amend budget plans that would have seen the fee fall by £5 to £425 a year.
The proposed cut would have seen Law Society revenue reduced by about £400,000.
Members decided to hold back £1.5m for the strategic priorities development fund rather than reduce the fee.
The council has also set aside £1.5m in a general contingency fund.
A further £1m has been held back in a contingency fund for the Office for the Supervision of Solicitors (OSS).
Council member Geoffrey Sandercock of Gwent law firm Granville-West, who voted for the £5 cut, says: "This is an opportunity - that we should not throw away - to make further reductions in the fee when £4m is provided in the budget for contingencies."
The council voted to maintain the fee at £430 and raise extra income that might be needed to, among other things, clear the OSS backlog.