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 Solicitors Regulation Authority (SRA) has raised minimum trainee solicitor salaries by 4.3 per cent across the board, in line with inflation.
London-based firms must now pay trainee solicitors a minimum of £18,420 – up from £17,660 last year – and firms in the rest of England and Wales must pay trainees a minimum of £16,500, up from £15,820 last year.
But while many firms pay at levels above the SRA’s minimum, Kat Gibson, president of the Law Society’s junior lawyer division, said there is no protection at all for paralegals and LPC graduates seeking a training contract.
“These people are given a vague promise of a training contract, but competition is so high that this promise is valuable and will see the individual working for almost nothing to one day qualify,” she said.