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.
Combined the pair would create a £170m firm, but as any lawyer that has seen merger activity in the last few years knows, that is just the beginning of the story.
For many merging firms financial alignment is a top priority. Back in May legacy Herbert Smith issued a £20m cash call to equity partners in a move aimed at boosting capital structure to bring it into line with Freehills. Ashurst did the same six months earlier following its tie-up with Blake Dawson.