In a world where the biggest global firms are just getting bigger – witness the recent formation of 6,500-lawyer behemoth Dacheng Dentons – it can be increasingly hard for independent firms to compete.
That’s why referral networks are so important these days, as this week’s special report shows.
From the success of Slaughter and May ’s ‘best friends’ model, to Nabarro’s Broadlaw alliance , through to the likes of membership network Lex Mundi, there are many different types of networks to pick from. And the network model is not limited to small firms – the report also looks at why Freshfields Bruckhaus Deringer is so committed to its ‘Stronger Together’ network.
In fact networks are such a fundamental part of the modern legal world that The Lawyer is devoting two days to the topic next month. Join us at our inaugural European Legal Networks Summit in London to discuss the pros and cons of the model, and how to make referral relationships work.
Delegate places for the summit, as well as tables for the European Awards on 12 March, are going fast so don’t miss out.
Also on TheLawyer.com:
- The first European financial results are coming through – Germany’s Heuking Kuhn Luer Wojtek has reported a turnover rise of 12 per cent, while Iberian firm Uria Menendez has seen revenues increase by 4 per cent
- The former managing partner of Olswang ’s Paris office has quit the firm with a team of lawyers to become banking head at French firm UGGC
- William Fry has emerged as the winner of the Irish Department of Finance’s tender to appoint a legal adviser to work on the potential capital restructuring of Ireland’s investments in Allied Irish Banks
- And all the latest partner hires and other appointments within Continental European firms and offices