The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
Ouach. Just a year after recording City-level average profit per equity partner (PEP) of £712,000, equity partners at Newcastle's Watson Burton are reeling at a PEP plunge of almost half a million pounds. (see story)
Partners at local rivals will be rubbing their hands in Schadenfreude - not least Andrew Hoyle, who was ejected from the firm last year and who has since joined local rival Ward Hadaway (where PEP is up by 10 per cent).
Watson Burton says the loss is not as bad as all that, as last year's eye-catching figure was revised to £460,000 following an official audit - for which read 'paying back the miners' compensation money'.
Which would make this year's PEP decrease a drop of just, er, 50 per cent.