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.
You can hear the BlackBerrys going off all the way from London. Withers partners are currently living it up (read: working extremely hard) at their partnership retreat in Italy, but we know what they’ll all be muttering about while pretending to discuss associate engagement and the values of cross-selling.
The firm is in merger talks with Speechly Bircham, which, if successful, would create a £170m law firm with the heft of the big beasts of the City. It would be close to the top 20 in the UK by revenue, on a par with the likes of Addleshaw Goddard, and would have a fair claim to being the world’s biggest private client firm.
Perhaps it shows the increasing power of the private client business for law firms, a handy earner of late for firms who were once reliant on corporate revenues. It would likely be seen as a takeover by the bigger Withers, but nonetheless a merger would be a clever move for Speechlys by giving it access to markets as far across as the US and Singapore.
The different in size and global stretch, as well as the important of the Asian market, suggest the odds are in favour of Withers keeping its name and its suitor’s being blotted out.
Which would sadly leave the legal market rather Speech-less, we feel.