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.
Lovells has axed two partners and de-equitised a further four in Germany.
Sources at the firm say that further de-equitisations will follow in London before April, which is the end of the firm’s financial year. The London cuts follow an initial wave of de-equitisations in the City in late 2002, as revealed by The Lawyer (2 December 2002).
The cuts in Germany came in the wake of strategic reviews of the Frankfurt, Düsseldorf and Hamburg offices.
The idea behind the review is that the three offices need to become more specialised. Many of the six partners affected and others who have decided to leave voluntarily were generalist commercial lawyers who handle relatively low value work.