The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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.
But not all companies cut their panels. Shell increased the size of its panel this year from just five to more than 150 firms, while BT appointed over 140 firms to its new global ‘network’ of advisers.
Insurance giant Aviva’s latest review revealed the extent to which firms are willing to slash fees when a sought-after panel position is at stake, with one firm shaving 40 per cent off its fees.
Despite the various approaches, the trends remain largely unchanged – clients want low-cost, integrated corporate legal advice and the competition to offer the best combination of those two fundamental needs has never been greater.