The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Liverpool and Birmingham-based insurance litigation specialist Weightmans has hired Professor Martin Read as its first chief executive.
Management specialist Read, formerly a managing partner at Leeds firm Read Hind Stewart, joined Weightmans from Central Law Training where he was chief executive to the management division.
The 33-partner firm, which has experienced rapid growth, wanted to appoint an outside chief executive to co-ordinate strategic and operational matters between the two offices rather than requiring one of its partners to give up their fee earning duties.
Partner Michael Ball said that hiring Read as a salaried executive fits in well with his and the firm's aspirations.
"I think that someone with his reputation wants to seek out the new challenge of turning a mid-sized firm that has the potential into something bigger and better," he explained.
"We are looking to expand this year, taking on new partners, lawyers and perhaps opening some more offices; having Professor Read gives us a keen competitive edge."
Linda Packard, head of legal consulting at management consultants Grant Thornton, said that the jury was still out on chief executives. "It is unusual for a mid-sized firm but it is part of an increasing trend as it seems to filter down from the top end. A lot of firms tried it a few years ago but it has fallen out of favour a little."