The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
Magic circle firms have had their positions on Barclays’ legal panel reduced drastically following a radical shake-up of its roster.
The bank’s latest panel review of its UK and US firms, announced last Friday (1 July), has introduced a new US subdivision on its general advisory panel, as well as cutting back magic circle firms’ presence on its list of 15 specialist panels.
The panel review, overseen by Barclays group counsel Mark Harding and chief of staff Sue Brooks, has doubled the total number of firms from around 50 to more than 100 and increased the number of specialist panels from 11 to 15.
But the process has reduced the size of many niche panels and removed duplication between them and the general panel.
A&O lost places on seven specialist panels, Clifford Chance lost nine and Freshfields six. DLA Piper, Hogan Lovells and Simmons have also lost places. Linklaters lost places on three panels during the 2009 review.
Eversheds emerged as the winner, increasing its spots from three to five. Baker & McKenzie and Pillsbury won their first panel places.