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.
No wonder the world’s top firms have been bulking up in litigation and arbitration. Since 2011 the total revenue generated by the top 50 litigation firms has grown by $1.5bn (£900m) – a rise of 14 per cent over the period. Since 2008, when we began tracking global litigation revenue, the total has grown by 25.5 per cent, from $19.389bn to this year’s $24.35bn.
And it’s the US firms which top the list, dominating this year’s list of global litigation firms. Quinn Emanuel posted another double-digit rise in fee income in 2012, with the litigation boutique’s disputes-related fee income rising by 15.4 per cent last year, from $724m to $835.5m.
The firm has climbed consistently up the rankings from joint 21st in 2008, with litigation revenue of $385m, to fifth this year ($835.5m). That is a 117 per cent rise in five years.