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 some in the market believe it is not the unrated capacity that has proved the ticking time bomb for the firms left looking for alternative cover, but the actions of a London insurance broker that pushed the business that way.
We asked that broker, Bar Professions, for comment, but the company refused, telling us it was not speaking to the media currently.
All this shapes up into a messy end to the renewal season, with more than 1,000 firms left looking to snap up the remaining capacity available to them at a decent price.
Uncertainty, rate fluctuations, in-fighting and solicitors left out in the cold – it is shaping up to be a vintage PII year.