The Lawyer’s newest product is the most comprehensive overview of the Asia-Pacific legal market yet produced. With rankings of the top 100 local law firms by lawyer headcount as well as analysis of the leading 50 international players in the region, it is essential reading for anyone interested in the strategic future of the world’s fastest growing legal market
Total no of fee-earners (including consultants, paralegals etc): 292
Total no of fee-earners (excluding consultants, paralegals etc): 244
Total no of staff: 579
Leverage ratio: 1:2.36
Equity partner to staff ratio: 1:4.48
Fee-earner to staff ratio: 1:0.98
Financial management: Lockup target 97 days, achieved 88.4 (average WIP at year-end was 31.1 days, average debtor days 57.3). Work profile by revenue: corporate 26 per cent, dispute resolution 16, employment and pensions 8, finance and projects 13, IP 16, private client 7, real estate 14. Average capital contributions £113,000, with the range currently at £67,000-£170,000.
Equity structure: Points awarded to partners within nine bands, entirely on merit.