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.
Clifford Chance relinquished its prime position, let down by relatively low profitability and a declining income stream, according to a study produced by brand valuation consultancy Intangible Business. The magic circle firm's brand value was £1.39bn.
The study concludes that Linklaters' brand value has been driven largely by steady growth and healthy profit margins.
Intangible Business managing director Thayme Forbes said Eversheds, which ranked eighth with a brand value of £469m, was "underperforming". The firm has a healthy marketing spend but is let down by its low profitability.
And while Slaughter and May undoubtedly spends less on marketing than firms such as Eversheds, many will be surprised to see arguably the UK's most prestigious firm languishing in ninth place.
Freshfields Bruckhaus Deringer is placed third with its brand valued at £1.31bn, closing the gap on Clifford Chance with increased profit margins and a recent investment in marketing.
Allen & Overy came in fourth position with healthy profitability and sound growth prospects contributing to its brand value of £1.16bn.
Lovells, DLA Piper Rud-nick Gray Cary and Herbert Smith take positions six, seven and eight.