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.
Money can buy a lot of things - for some people it can even buy happiness. But US firms can't seem to buy a decent real estate practice for love nor money.
There hasn't been a high-profile move of a real estate lawyer to a US firm since Ian Nisse traded in his Ashurst badge for the stars and stripes of Shearman & Sterling back in October 2004.
The expected wave of real estate heavyweights chasing the greenback never materialised, but not for a want of trying. You can hardly meet a property lawyer these days without hearing how they turned down a guaranteed £1m a year for a move to a US real estate practice.
But isn't billing some 3,000 hours and being a corporate support practice worth the money? Certainly Nisse must have thought so.
We just hope Alan Samson, who jumped early to Gibson Dunn & Crutcher, was able to cash in as well.Get the latest news and an irreverent commentary delivered to your desktop every Wednesday by subscribing to Lawyer News Weekly.