London’s Midsizer legal landscape looks a little different this year. Field Fisher Waterhouse and Withers move into the Major City ranks, each with revenue surpassing £90m, establishing them as major forces in the City. More impressive, however, is the entrance of litigation boutique Stewarts Law into the LB100 this year. And what an entrance it …
Many of the firms in the Major City group will look back on 2010/11 with mixed feelings. Some firms will feel a sense of relief that, broadly speaking, any further disasters were averted but others will be frustrated that key transactional markets refused to pick up significantly. Strategically, however, there are still a couple of …
In comes a new peer group to the Legal Business 100. Thanks to a flurry of transatlantic marriages over the past 18 months, it is no longer appropriate to sit the likes of DLA Piper, Hogan Lovells, Norton Rose, SNR Denton and Squire Sanders Hammonds in their old peer groups. Take DLA Piper. Historically the …
With an unerring consistency, the UK Global Elite has maintained its grip on the market throughout the recession and 2010/11 was no different. Some will have hoped that the global law firm may become an endangered beast, but if anything the last few years have made them stronger. While it hasn’t been easy for the …
Despite much hype over mid-market consolidation recently, the number of mergers between law firms in the UK has been modest. LB discovers why not every struggling firm is looking for a tie-up If you were to slap an ‘at risk’ sign on any segment of firms in the LB100 then it would have to go …
This year’s Legal Business 100 firms continue to grow in revenue, but how much is performance in foreign markets masking woes at home? LB finds out Things have changed in the Legal Business 100 this year. At least seven firms have merged with others, either overseas or at home, while another three have bolted on …
Government initiatives and a resurgent economy have made Singapore and South-East Asia a key focus of the international legal profession once again In 2006 Freshfields Bruckhaus Deringer’s then Asia managing partner Perry Noble explained to LB why the firm had pushed through a major rationalisation of its partnership in the Far East. In the hope …
A strong economic downturn means that the stars of global law are shining ever brighter. Time to reassess just who makes the grade The world has changed and the Global Elite needs to reflect that. To butcher a phrase: the gap between the haves and the have-a-bits is widening. By almost every measure this elite …
In the rush to conquer new markets, the leading British and American firms are changing the landscape of the global legal sector. Time to check your international strategy Costs cut. Headcount down. Profits preserved. Now is the time to grow.
The Global legal market is stratifying at a pace never seen before. From the rocketing profits on Wall Street to the rapidly expanding global giants, which model paid off in this year’s Global 100? Whether your strategy is to devour the world whole, or take it piece by piece, financial centre by financial centre, global …
