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.
There have been some mixed messages in Asia over the past week. First came Freshfields’ highly-anticipated relaunch in Singapore, confirming the city state’s importance. Then there was Clifford Chance’s shocking move to ask its Singapore capital markets associates to take voluntary sabbaticals, responding to a drop in demand in the market.
Meanwhile in Hong Kong some international firms are said to be exercising “stealth” downsizing - but Slaughter and May has reaffirmed its commitment to the jurisdiction, and is even thinking of hiring US lawyers to build up a US law capability there.
Many would jump to the conclusion that Asia’s bubble is about to burst. But we think it’s a time of change and certain adjustments need to be done. However, it’s a firm’s long-term commitment, patience and selective strategic decisions that will ultimately determine its fate in Asia.
After I completed my Masters at NYU in 2002, I did a half-year attachment with Weil Gotshal & Manges in New York. It was an enriching experience, and I was able to get an overview of the US bankruptcy regime. That continues to be useful to this day, particularly in cross-border insolvency or restructuring cases.