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.
Northern insurance firm Ricksons has profited from diversification, with a 23 per cent turnover rise to £13m.
The increase was driven primarily through the success of the firm's commercial teams, which now account for around 50 per cent of Ricksons' turnover compared with 10 per cent just five years ago. The firm's average profit per equity partner hit £220,000 this year.
Managing partner Anthony Hughes said the firm's young employment, private client and family departments had generated much of the growth. Commercial work was up by 43 per cent.
Ricksons' core insurance business also grew, partly due to the new insurance fraud team led by former Silverbeck Rymer partner James Pinder.
Hughes said the firm would assess the opportunities offered by the Legal Services Bill.