The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
It is often said that the dawning of a new financial year is like starting back at the bottom of a mountain. The previous year’s summit has been reached, the accounts have been filed and any glory (or disappointment) is in the past. Now it’s back to square one.
Of course there is one way that firms can inject a little rocket fuel into their annual ascent - the trusty cash call.
Hill Dickinson has just become the latest firm to hit partners with a call for £2.8m after a year of heavy investment.
The firm’s managing partner Peter Jackson admitted that partners never jump for joy at the prospect of handing over more readies, but the £1,000 per point call has apparently been taken on the chin.
It’s not just Hill Dickinson though. Penurious partners are also to be found at Herbies, Ashurst and SJ Berwin with all three Asia-Pacific bound firms having turned to their senior lawyers for an extra cash injection over the past year.
At least they’ve got some exotic new office locations to retreat to if the holiday budget’s looking a bit tight.