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.
Paul Hastings has bounced back from a hell of a year with a whopping 84 per cent growth in London revenue.
Following the loss of real estate partners Jeff Bailey and Nigel Heilpern to DLA Piper and Fried Frank Harris Shriver & Jacobson respectively, the firm has focused on recruiting associates rather than glitzy (and expensive) partners.
This strategy of recruiting associates into partnership has become increasingly popular among City firms with low profitability, which had struggled to compete for star laterals. Norton Rose and Simmons & Simmons have both been prime movers with this.
Hammonds is the latest firm to target associates who have achieved a glass ceiling elsewhere (see The Lawyer, 12 February). Paul Hastings is something of an anomaly among US firms, which usually prefer to attract partners with bumper books of business.
But with results like this, maybe a few more will follow suit.