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.
Three partner candidates are standing to replace current chairman Harvey Freishtat. They are New York-based partner Peter Sacripanti, Washington DC partner Bobby Burchfield and Chicago-based head of litigation Jeff Stone.
The firm’s 21-strong management committee will vote on Freishtat’s replacement, who will take up the role in 2010.
A source close to the firm said: “All three are litigators which is a sign of the times. The committee will be selecting from the practice group that will be busiest over the next few years.”
In 2003, The Lawyer reported that Freishtat beat competing partner Michael Fayhee in a contested election to take up the role of chairman. He replaced Larry Gerber, who was chairman of McDermott for 13 years.
The election comes at a time of great turbulence for the firm. Earlier this year The Lawyer reported that the firm had laid off 60 associate and 89 support staff due to dwindling work flows (3 Feb 2009).