The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
President of the Law Society of Scotland Martin McAllister is determined to reignite the debate on multinational practices.
It is presently illegal for Scottish law firms to form partnerships with lawyers from overseas. McAllister has argued that current regulation is hindering Scotland's law firms from playing a full part in the international arena. He said that although firms can set up offices in other jurisdictions staffed by Scottish lawyers, should those firms enter into partnerships with any foreign lawyers they could be prosecuted. According to McAllister, Scottish solicitors cannot join an 'unqualified person' in business. In this context, the term 'unqualified' is understood to mean a lawyer who is not regulated by the Scottish Law Society. McAllister believes that this restricts law firms growing beyond Scotland and precludes foreign firms entering the Scottish market. He said: "Scottish solicitors are highly regarded the world over and already contribute a great deal to the international commercial world by advising clients in international and multinational contracts. Yet they cannot gain a proper foothold abroad by joining forces with established firms in other countries and forming multinational practices."