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.
Shell’s UK general counsel Richard Wiseman told The Lawyer: “Others have not been excluded from further work. It’s a much more sophisticated and realistic way of working.”
Wiseman explained that these are the firms that Shell will turn to first when it needs international advice.
Shell wants to build on the existing relationships that it has with the five firms chosen and has also picked a complex web of firms, such as corporate adviser Slaughter and May, for specific types of work. The five firms chosen for the international panel have been selected partly for their ability to advise on a range of practice issues across the globe.
Every one of Shell’s operating companies has conducted a parallel review of its local law firms. The main aim of the exercise was to build closer relationships with existing counsel and slash its £54m annual legal spend.
Wiseman said he was happy with the financial outcome, having agreed a number of different fee arrangements with all of the firms involved.