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.
Like elsewhere in the country, a buoyant first half helped North West firms ride out the economic slowdown during the past six months.
The biggest five firms grew on average by 6 per cent over the period. However, profitability took more of a hit. DWF, Halliwells and Hill Dickinson either slumped or barely grew at all.
The past few months have seen considerable investment in the City. Cobbetts has continued its investment in its niche finance practice, while Weightmans shelled out on new premises, but recently took a hit with the loss of six insurance partners to DWF, which opened in London in June and has ambitions for a 24-lawyer office.
This increasing shift of resources to the City is symptomatic of how these firms are seeking to reshape their respective brands as national rather than regional, with an eye to capturing some of the best work. But as this North West Special Report cautions, neglect of their heartlands could be at their peril.