Orrick’s London office has announced its second major partner hire in the space of a week, with confirmation that the former head of Proskauer’s English law finance practice Michael Crosby is joining the firm. Crosby will join Orrick as a partner after a period of gardening in leave and will head the firm’s English Law […]
Pinsent Masons partners have elected the firm’s head of construction Richard Foley as senior partner for a four-year term beginning October 2014 Incumbent senior partner Chris Mullen held the role for nine years before going head-to-head with Foley in an election process that kicked off in early June (10 June 2014) Foley has been at […]
After the first flush of enthusiasm, international firms are reassessing their position in Asia Pacific, while the locals go for growth Welcome to The Lawyer Asia Pacific 150 2014. This is the second annual ranking of the largest law firms by lawyer numbers across Asia Pacific, including a comprehensive overview of the important developments in […]
Local ASEAN firms are expanding, while the internationals also want a taste of the action promised by the planned regional economic union As global investors diversify away from its northern neighbour China, the South-East Asia market is the new favourite. Fuelled by increasing foreign investment and a promising single economic community proposed by the Association […]
New-look RPC takes glittering prize Scooping Law Firm of the Year at last week’s The Lawyer Awards closes a period of financial and strategic transformation for RPC. The firm, which was runner-up in the same category last year, has maintained a strategy of steady growth in the past few years. It has been working to […]
Banks get serious about collaboration among panel law firms The message is clear: if you want to bag yourself a panel place with Barclays or RBS you’d better get used to working in partnership with your peer firms. RBS told its army of advisers at a town hall meeting last month that they must find […]
Fewer lawyers covering more territory is the theme this year, as international players take a more realistic view of prospects in the region One of the world’s most ubiquitous law firms – Baker & McKenzie – has established the largest global practice presence in Asia Pacific, overtaking recently merged Anglo-Australian challengers Herbert Smith Freehills (HSF) […]
Economic growth is cooling but China’s legal market shows no sign of slowing, with some leading firms undergoing a profound transformation The Lawyer Asia Pacific 150 2014 research once again confirms China’s pre-eminent position among the region’s legal markets. This year, 35 Chinese firms made it into the top 100 independent firms table, with five […]
US and regional firms are loosening UK firms’ grip on the market, and IPOs are not the big financial prize they once were For decades Hong Kong has operated as the centre for Asia’s financial capital in its broadest form. Capital markets work has been the main source of income for the big firms in […]
This week we publish the second edition of The Lawyer Asia Pacific 150, the most comprehensive study of the legal market in the region. In the 12 months since we published our last report there have been clear developments – in a nutshell, many international firms are stalling while the local firms are consolidating. It’s […]
Why classical lawyering – and its clients – have everything to gain from the efficiency drive sparked by alternative providers Moral conceit is the cancer of our profession. In our discourse, certitude is displacing reason as the medium of choice. Carefully nuanced distinctions are often bludgeoned by those without the subtlety to draw them. We […]
Well-positioned for the mooted single ASEAN economic community, Singapore’s firms are flexing their muscles to become go-to regional players Riding the economic growth wave of the South-East Asia region, Singapore is a hot spot for global investors and multinational corporations. It is thought the island state is home to more than 7,000 multinationals and 60 […]