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.
In September this year The Lawyer devoted an entire issue to futurology. What would the legal profession look like in 2020? We made specific predictions around UK market consolidation and law firm collapses, a radical change in resourcing structures and growing demands from in-house lawyers. It was one of our most successful editions of the year and generated hordes of comments and views of our video interviews with DLA Piper’s Tony Angel and Allen & Overy’s David Morley.
Let’s take a look at some of the stats from 2013:
- 48 UK firms were involved in mergers.
- Of those mergers, two involved distressed assets.
- Four firms collapsed: Challinors, Cobbetts, Follett Stock and Harris Cartier.
- Of the 48 mergers, not one was a merger of equals.
- Four US firms launched in London: Andrews Kurth, Boies Schiller, Bracewell & Giuliani and Butler Snow.
- Four firms in the top 50 of The Lawyer UK 200 replenished their capital structure via cash-calls: DAC Beachcroft, Herbert Smith Freehills, Hill Dickinson and Withers.