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.
The move is part of the East Anglia-based firm's wider strategy to transform itself into a national firm and boost turnover from £56.4m to £110m in the next five years.
Mills & Reeve private client head Matthew Hansell said: "We want private client turnover to get to approximately £25m. We reported £11.7m for the last financial year, which is roughly 20 per cent of overall turnover. This group is profitable for the firm so it's worth investing in.
"To have a successful national firm we have to have a full-service private client team."
Addleshaws is dispensing with its family practice to focus on a standalone trust practice, which was once combined with the family group.
A source close to the firm said: "The family group doesn't fit in with the firm anymore. Addleshaws wants to focus on finance and corporate. While the trusts element of private client works well with this, family doesn't."
Mills & Reeve's new offices will open in February 2008 with the three-partner and eight-associate team, headed by David Salter, becoming part of its drive to expand in private client.
Salter's team includes partners Nigel Shepherd and Philip Way.