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 speech given by outgoing Law Society secretary general John Hayes on the future of the legal profession neatly encapsulated the problems facing the profession.
Addressing the European Policy Forum last Thursday, Hayes discussed the lack of confidence in the profession's future direction, the search for scapegoats when things go wrong and, most importantly, lawyers' resistance to addressing issues such as client care.
In the next 10 years, he predicts there will be a major reduction in the number of high street firms, and those most likely to go under include practices which do not invest in new technology, those who attempt to compete solely on price and those who do not take client care seriously.
Practitioners should take note of Hayes's warning.There is no point in arguing that lawyers are professionals and not business people; in a society which is increasingly focused on the consumer, such arguments no longer wash and lawyers must be as accountable for the service they provide as other service providers.