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.
The date for would-be lawyers to submit their training contract applications is imminent, with most applicants facing a deadline of midnight tomorrow.
This year’s applicants are facing a slimmer chance of attaining a training contract than ever. Figures released by the Law Society last year show that the number of training contracts registered in 2011/12 (the latest year for which data is available) was 16 per cent lower than pre-recession figures and barely higher than when records began in 1998/99 (21 May 2013).
In 2011/12, 4,869 training contracts were registered, compared to 5,441 in 2010/11 and 6,303 in 2006/07. In 1998/9, 4,827 training contracts were registered.
But while the number of training contracts has fallen, recent retention rates show that firms are starting to retain more of the trainees they do take on. Spring rates this year painted a positive picture with, the vast majority of firms retaining more than 80 per cent of their intakes.