The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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.
General counsel Iain Larkins said: “We now have a very tight [billing] process. When a new job comes along we agree a fee, it’s all documented and we review on a monthly basis, or earlier. There’s a whole budget amendment process which advisers must justify.”
Larkins said pricing was not the sole factor for the appointments. “We decided Nabarro and Wragges would be more likely to deliver on the pitch,” he said. “They’re both stable firms that have grown organically.”
Mercedes Benz put costs at the heart of its recent panel review, with the firms winning a place on the roster expected to justify their expenses on a regular basis.
em>To receive our free Lawyer News Daily news and comment email, click here. Or get the latest news, features and comment as it's published with our free RSS feed.