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 Chancery Bar Association (CBA) has redrafted its conditional fee arrangement (CFA) rules in an effort to save time and to save clients' money
Less contentious elements of CFA contracts will no longer have to be subject to renegotiation during each case as they have become standardised into an all-embracing new set of terms and conditions. Peter Griffiths, a member of the CBA's conditional fee subcommittee, and a barrister at 4 Stone Buildings, said: "It should make the process much quicker as it will involve less time renegotiating the terms of the CFA. The risk is still there, but the amount of effort in drafting it afresh is less." Commenting on the risks, he said: "A substantial sum may turn on a minor breach of the regulations. If you breach the CFA regulations then you can find you've entered into an unlawful agreement so you can't recover your fees. There are cases where solicitors have entered into CFA agreements where other sides say they are illegal." Elements of a CFA not subject to the CBA's rule changes relate to the terms in which counsel are entitled to a payment uplift and the nature of relief sought.