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.
Shearman & Sterling’s London revenues rose 4.5 per cent in 2010, with the US firm breaking through the $100m barrier in the City for the first time.
London income was up from $99.7m in 2009 to $104.2 in 2010, though average headcount throughout the year fell from 108.5 to 111.5
Despite a strong performance in London the firm’s overall global revenue took another tumble, dropping 8 per cent from $801m to $737m.
The firm saw a 9.8 per cent drop in its global profit per equity partner figure, which was down from $1.735m to $1.565m. Global revenue per lawyer was also down, dropping 5.6 per cent from $982,581 to $927,044. The total number of lawyers increased from 795 to 815.
Last week Shearman snapped up a 17-lawyer antitrust and competition team from Howrey’s Brussels office (23 February 2011).