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.
Billable hours targets: No individual target, the office has collective target of 1,600.
Billing currency: Sterling and dollars.
Cost of living details: Does not have secondees in the literal sense. US associates spend at least two years in the office and partners much longer. Amount for US associates is calculated on individual remuneration. Allowance can be between $30,000 (£18,500) and $70,000 (£43,000), paid out in monthly instalments.
UK-based lawyer remuneration: All partners and US associates paid in dollars. UK associates paid in sterling. Cost of living allowance helps protect US associates against the weak dollar, but the firm is currently reviewing other methods of currency protection.