Global 200: conquests and consolidation in the $1bn club
Armed with a 19 per cent revenue hike, Kirkland has toppled Latham to lead the 39 $1bn-plus firms in this year’s Global 200 ranking
Armed with a 19 per cent revenue hike, Kirkland has toppled Latham to lead the 39 $1bn-plus firms in this year’s Global 200 ranking
Litigation, the engine of the stratospheric domestic profits for US firms, is, ironically, the calling card for the UK’s elite law firms if they are ever to crack America, writes The Lawyer’s editor Catrin Griffiths.
Using Global 200 data, The Lawyer reveals which law firms have failed to keep pace with the global market, and what this group’s performance since 2008 can tell us about the future for the world’s top law firms
Hogan Lovells has become the latest international firm to invest in its Continental real estate offering, hiring Bersay & Associés’ Michaël Lévy as a partner in its Paris office.
When it comes to major clients’ external legal providers panels, anecdotal and specific suggests that the direction of travel is overwhelmingly one way: smaller.
The Lawyer’s Global 200 report reveals the makeup of the largest real estate teams in the US.Bragging rights go to Greenberg Traurig, which has the largest US real estate team with 150 partners followed by Holland & Knight with 139 and DLA Piper with 100.
Freshfields Bruckhaus Deringer is working with a number of UK firms that handle lower margin work on major real estate deals as part of its continuing focus on the property sector, The Lawyer’s latest report shows.
For a growing number of global firms, real estate as a sector is increasingly core, with key areas such as private equity, tax and finance taking centre stage.
Mayer Brown has bucked the trend for nearshoring in the regions, forming a lower cost property management team based in its London office to deal with all aspects of real estate-related management work.
Law firms should target deals in the commercial office, private rented, hotels and logistics sectors to ensure they stay at the forefront of the global real estate market, new data from The Lawyer reveals.