Global 100: Methodology

Global 100: Methodology

FINANCIAL YEAR-ENDS

Financial data shown is for the last financial year – either calendar year 2012 or 2012/13.

Financial years differ – most end in December in the US, and in April in the UK.

Legal Business takes the compilation of the Global 100 very seriously. We make every effort to ensure that the figures we publish are accurate and precise. The overwhelming majority of firms co-operate fully with us in this regard by providing us with the required information. Some firms choose not to co-operate officially with our data collection process and in these circumstances we rely on figures given to us by trusted but anonymous sources. Continue reading “Global 100: Methodology”

Global 100 – Dewey & LeBoeuf – Lessons from a downfall

Global 100 – Dewey & LeBoeuf – Lessons from a downfall

Dewey & LeBoeuf went from 26th in last year’s Global 100 to filing for bankruptcy in May this year. What can the Global 100 learn from the firm’s demise? 

Finley, Kumble, Wagner, Underberg, Manley, Myerson & Casey; Brobeck, Phleger & Harrison; Heller Ehrman; and Howrey, the US legal market has quite a track record when it comes to large law firm failures.

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Global 100 – The state of the union

Global 100 – The state of the union

After a series of shocks to the global economy, followed by Dewey & LeBoeuf’s downfall, there’s plenty of concern for US firms

American managing partners have become accustomed to false dawns and 2011 had a depressingly familiar feel to it. The start of the year was promising, with counter-cyclical workflows in litigation and bankruptcy joined by an uptick in corporate deal activity, but this came to a familiar halt over the summer. The continuing crisis in the eurozone and uncertainty over America’s debt ceiling undermined any hope that the activity through the first half of the year would continue for the second six months.

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Global 100 – Slice by slice

Global 100 – Slice by slice

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 competition has never been fiercer. Bounding straight into the top ten of the Global 100 this year is the newly merged Hogan Lovells, while a dose of revenues from down under has seen Norton Rose rocket into the top 40. Continue reading “Global 100 – Slice by slice”