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.
As we report today, the storm clouds over private investments made by partners at DLA Piper - including Sir Nigel Knowles - show no sign of blowing away soon.
The firm is not commenting on issues raised during yesterday’s conference call, held to try to appease fuming regional partners over the investments made by a small group in ABS LawVest.
Word is that Tony Angel’s response to one question - how could the board be confident that the investments were made in good faith if it didn’t know the identity of all the partners involved? - was simple. Silence.
Today The Lawyer has some additional questions of its own:
How many DLA Piper partners does the board believe have made investments?
What guarantees has the board been given that they will divest those stakes?
What steps if any is the firm taking to amend its governance code?
And why did Sir Nigel Knowles not tell the board about his investment?
Today’s instalment is a meeting for the London partners to discuss the issue. Perhaps today there’ll be some resolution to this matter, but don’t hold your breath.