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.
CIS-based firm Magisters has launched a network of preferred law firms across the former Soviet Union.
The Magisters best friends network has seen the Kiev-headquartered firm sign up six firms with coverage of Armenia, Azerbaijan, Georgia, Kyrgyzstan and Moldova to a referral and recommendation system. The arrangement is non-exclusive.
“If a law firm or client needs a reputable firm in this region, then we can help,” said Magisters founding partner Oleg Riabokon.
“All the firms have leading positions in their own right and we’ve worked with them. Magisters puts its reputation behind these firms.”
Riabokon said those included in the network will share IT and office space and attend client pitches with Magisters, but there will be no profit-sharing arrangements in place.
Magisters, which has offices in Russia, Ukraine, Kazakhstan, Belarus and a representative office in the UK, entered discussions with the firms in the network at the beginning of the year.
“It doesn’t make sense to move into these countries ourselves,” said Riabokon. “Their markets are important, but not big enough for us to open a greenfield site. At the same time, it’s important for us to maintain a presence in the countries that are within our sphere.”
Magisters employs around 100 lawyers, with 11 partners and seven equity partners. Approximately 70 per cent of its clients come from the US or UK. In 2008 its turnover was $39.5m (£24.11m).