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 April 2007 merger of Rising 50 firms Shakespeares Solicitors and Putsmans created a new player in the Birmingham legal market with 280 staff, including 44 partners, and combined revenues of £19.3m. In its final year as a separate firm Shakespeares saw its revenue grow by 6 per cent to £7.7m, while average profit per equity partner (PEP) was less impressive at £124,000. The firm blamed its relatively poor profit performance on a number of exceptional costs that hit the bottom line in its restructuring when preparing for the merger. The pre-merger Shakespeares was a commercial firm with a particular strength in private client, whereas Putsmans was best known for its defendant insurance practice. The merged firm also has a significant property practice. The merged firm is targeting a PEP of around £200,000 for the 2007-08 financial year.