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 administrators of Lehman Brothers have sought to allay pay fears among the bank's legal team, promising that staff will be paid at the end of the month.
Lehman’s 200-strong legal, compliance and audit team, which employs some 70 lawyers, has been retained by PriceWaterhouseCoopers (PwC) to work on the administration but it was unclear where their wages would come from in the aftermath of the banks’ collapse (TheLawyer.com, 17 September).
However a statement released by PwC last night said payments would be made “no later than 30 September”, adding that “unfortunately, due to the timing of the administration, the administrators will be unable to process any salary or other employment-related payments this week.”
Prior to the announcement, legal recruiters reported that dozens of Lehman lawyers had contacted them this week, with one describing the bank's staff as “in limbo".
A source within the group told The Lawyer yesterday that the legal team had remained at the bank to work on the administration, adding: “There is stacks of legal work. Many people will be here for a while.”