El Misterio
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Latest IFLR and Legal500 law firm rankings (1 Viewer)
- Thread starter El Misterio
- Start date
meh.
The Lawyer rankings Global 100 rankings
Ranks of Australian firms (by turnover in millions of GBP):
#78 Freehills
#79 Mallesons
#88 Minters
=#89 Cl'Utz
=#95 Allens
no need to discuss.
oh and apparently Blakes is the best firm, while Malles have the best lawyershttp://www.lawyersweekly.com.au/articles/07/0C047707.asp?Type=53&Category=853
The Lawyer rankings Global 100 rankings
Ranks of Australian firms (by turnover in millions of GBP):
#78 Freehills
#79 Mallesons
#88 Minters
=#89 Cl'Utz
=#95 Allens
no need to discuss.
oh and apparently Blakes is the best firm, while Malles have the best lawyershttp://www.lawyersweekly.com.au/articles/07/0C047707.asp?Type=53&Category=853
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El Misterio
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That article is hilarious. I don't think you'd find any lawyer in Australia - including those at Blakes - who would really think that it's the best firm.Frigid said:
And turnover is really a meaningless figure.
apparently neither is PEP... coz you got equity partners at the bottom of the lockstep, and then you've got the uber-senior-partners who rake like 100% above PEP...El Misterio said:
but anyway, money isn't everything.
just wanna enjoy and be good at what i do, have a life etc.
btw, EM, since you did your HSC the year I entered high school, i assume you've gradded law and working somewhere right? how is it?
MoonlightSonata
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Freehills clearly dominated this year.
wheredanton
Retired
Revenue and fees per lawyer is a better guide.
http://community.boredofstudies.org/331/law/124244/revenue-law-firms.html
Image from Asian Legal Online. This is also a year out of date. For more recent revenue look in the above article.
http://community.boredofstudies.org/331/law/124244/revenue-law-firms.html
Image from Asian Legal Online. This is also a year out of date. For more recent revenue look in the above article.
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wheredanton
Retired
It could be. But there are only a certain number of hours in a day. It means their people are worth more per hour. As you probably know the price of lawyers, senior associates and partners vary from 150 an hour to 1200 an hour. How much do you think Alan Fels at ABL or Mr. Leibler from ABL charge an hour for advice?Frigid said:
El Misterio
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Wheredanton, no partner at any law firm in Australian charges $1200 an hour. The top tax partners at AAR might charge around 65% of that. ABL does that well because its lawyers work extremely hard - it's got a reputation in the industry as requiring the longest hours of any firm in the country. There's some truth in your observations, but with all due respect to Gadens Lawyers I don't think you could really say the work they get is of a higher quality than the work Freehills gets.
Frigid, those details are tweaked to protect the innocent, but yes I am working in a law firm and it's great. You're right about PEP being a misleading figure to focus on in isoltation - you need to think about the equity structure behind it. Some firms have a fairly flat structure, under which almost all partners make about the same, while others have a significant range of earnings across the partnership. Freehills is firmly in the latter camp, for example.
Moonlight, I agree that this was clearly Freehills' year, certainly in corporate anyway. Which makes the BDW 'award' all the more baffling.
Frigid, those details are tweaked to protect the innocent, but yes I am working in a law firm and it's great. You're right about PEP being a misleading figure to focus on in isoltation - you need to think about the equity structure behind it. Some firms have a fairly flat structure, under which almost all partners make about the same, while others have a significant range of earnings across the partnership. Freehills is firmly in the latter camp, for example.
Moonlight, I agree that this was clearly Freehills' year, certainly in corporate anyway. Which makes the BDW 'award' all the more baffling.
wheredanton
Retired
I heard, somewhere, can't remember where, that Mr Leibler is around the thousand mark to advise on tax. I believe most partners are anywhere between 400 to 900 depending their experience/expertise.El Misterio said:
I don't think it's a good idea to give away what firm you work for and your identity on the internet.Frigid said:
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