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.
Wragge & Co signed terms on a shiny new HQ in the centre of Birmingham last week - the largest pre-let in the city by a factor of two.
Wragges' Brum deal's a done deal" /> Wragge & Co signed terms on a shiny new HQ in the centre of Birmingham last week - the largest pre-let in the city by a factor of two.
The firm has the option of taking up to 250,000sq ft, with the flexibility to sublet a portion of that, and will now have to take a decision on how much to occupy over the next couple of years.
Developer Ballymore has enticed Wragges inside with an initial rent-free package. For the succeeding five years Wragges will probably pay around £30 per sq ft.
"The rental will be more expensive, but we're not afraid of costs," declared senior partner Quentin Poole. "We're massively conservatively financed as a firm - we've got £20m cash at bank and no borrowing."
Running costs will be in the region of £6.50 per sq ft and rates £10 per sq ft. Added to that, Wragges will fork out around £80 per sq ft alone for the fit-out, which is to include a number of eco-friendly fixtures.