The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
It was never a question of 'if', but of 'when'. Lovells' protracted lockstep review has claimed its first US victims.
As we report today, the head of the firm's US restructuring practice Gary Lee and fellow partner Karen Ostad have quit to join Morrison & Foerster.
Lee is understood to be one of the highest-billing partners at the firm. He is one of the partners who has put Lovells' management under pressure to introduce more flexibility at the top of the firm's lockstep. US partners want the firm to break the lockstep so they can pocket more cash.
The firm is planning to put some proposals to partners next month. But it's too late for Lee. He's seen two reviews come and go, and it seems he couldn't wait for a third.