The firms that appear in Global London are the 50 largest non-UK originated firms in London, ranked by headcount. Partner and lawyer numbers were all requested as full-time equivalents as of 1 January 2014. All partner hires were up to and including February 2014. Total lawyer numbers include partners, associates, assistants and trainees but not paralegals. The US Internal Revenue Service average exchange rate for the year 2013 was used for Global London calculations. This was $1=£0.665.
Having for years eschewed the City disputes market to invest in corporate and banking work, US firms have been piling into litigation of late
In retrospect, it seems strange that it wasn’t part of the game plan from the very start. US law firms – so long geared as much towards disputes as transactional work – came to London in force well over a decade ago… and all but ignored litigation.