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.
Americans like to do things first. First to land on the moon, first to invent peanut butter and first to invent the lightbulb. So it makes sense that US law firms want to get in there, too.
Take Sidley Austin, which has become the first firm to benefit from the imminent closure of Vinson & Elkins’ (V&E) Shanghai office by picking up energy partner Tju Liang Chua. V&E had only announced plans to close its Shanghai base the week before, citing the rationale of concentrating more of its mainland Chinese resources in Beijing.
So there we go. But in this market, we can’t all be first. The co-chair of Willkie Farr & Gallagher’s restructuring department is understood to have visited the UK 15 times while trying to find his first UK-qualified restructuring partner for London. It might have taken longer than expected, but he got there in the end, hiring longstanding Kirkland & Ellis partner Graham Lane.
No moon landing or lightbulb launching here, but you get the gist.