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.
Seven more transatlantic mergers, the end of the magic circle and the disappearance of 25 of the current top 100 by 2018 are just some of the wide-ranging predictions made in today’s crystal ball-gazing issue of The Lawyer.
Some of the pithiest predictions relate to future levels of debt at firms, with the head of professional services industry group at Barclays, Tom Wood, claiming that by 2018, “there will be a handful of high-profile failures dominated by highly leveraged firms”.
The extended feature, which marks the end of the summer break and heralds the start of the autumn term, includes insightful comments from a wide range on in-house lawyers and also looks at the growing importance of Asia and in particular China to the global legal services market.
“China’s legal industry will be fully opened in the next decade,” argues David Liu, Jun He managing partner. “Foreign firms will be able to enter into joint ventures and the regulatory framework will move closer to that of Hong Kong.”
Other predictions in today’s issue include the claim that at least one firm will be brought down by a cyber security leak; by 2023 there will be just three global insurance firms; and that women will still represent less than 20 per cent of partners among UK top 20 firms.