The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
A couple of weeks ago, The Lawyer reported on the fine figures emerging from Dechert's London office. In its first full financial year following its transatlantic merger in July 2000, the London office recorded a turnover of £45.5m, with total firmwide income at £238m. Reading on, though, Tulkinghorn discovered the real reason for its success: The Lawyer revealed that Dechert's business plan for its current financial year includes increasing the chargeable hours target for associates from a meagre 13,500 to 15,000 for the year, equating to a not insubstantial 45 hours a day. What a shock those poor associates must have had. Well, Tulkinghorn is here to put your minds at rest. Do not fear - the target is, of course, 1,500 chargeable hours a year. Far more respectable.