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.
A total of 12 firms saw their most senior partners take home an equity share in excess of £1m in the last financial year, while just three firms posted an average earnings per partner (EPP) figure of more than £1m.
In contrast, seven firms posted average profit per equity partner (PEP) figures of more than £1m, while a dozen firms recorded £1m or more for remuneration allocated to partners at the top of the equity.
Last month Slaughters senior partner Tim Clark hailed the EPP measure introduced by The Lawyer as "a better comparator" than PEP, as it was less susceptible to distortion through a firm's approach to its equity.
The table published today highlights this distortion, revealing the proportions of full equity and non-equity partners at some of the UK's largest firms.