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.
On 19 may, The Lawyer highlighted a very real problem for would-be trainees and for those in law firms who recruit them.
There are too many candidates for too few places. In a medium-sized Middlesex practice I regularly reject over 400 applications for two places.
Firms in our situation have to apply some sort of criterion like the "2.1 and above" rule, which means that perfectly acceptable candidates don't stand a chance. I don't like doing it, but I have no alternative. I could fill our vacancies with 2.1s and above from Oxbridge without looking further. I won't, but the possibility exists.
Does the root of the problem lie in higher education, where establishments under pressure to raise money through large intakes are taking on increasing numbers of students on CPE and LPC courses at the same time as the job market is declining? Or does it lie further back, with schools and universities advising students to go into law when it is no longer a viable choice? How long until we reach saturation point?
There are firms who exploit their trainees and paralegals simply because they are vulnerable. This does not reflect well on the profession - which needs all the good publicity it can get.
Ghislaine Davies-Goff, marketing manager, Turbervilles with Nelson Cuff