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Access your pdf edition of LB magazine – issue 322

Access Legal Business 322 via online pdf.

The customer is always right – which firms do clients rate most highly?

The data doesn’t lie – it’s been a good year for the Global 100. 88 of the world’s largest firms posted revenue increases last year, with many enjoying record results, and total revenue across the group rose by more than 6% to break through the $150bn mark for the first time.

Footing the bill – as chargeout rates spiral, will clients put their foot down?

Another stellar performance by the Global 100 saw total revenue climbed by 6% and average PEP increased by almost double this figure, despite decidedly less than buoyant deal markets.

Smaller footprint, bigger ambition: A&O and Hogan Lovells office cuts underline global pressure on profits

As firms grapple with what it means to be global, while also managing intense pressure on costs, the question of whether less profitable international offices are still a justifiable expense is rising up the agenda for many.

Just how global is the Global 100?

LB looks beyond revenue to find some true global leaders

Global 100 Overview: G100 defy gloom to pass $150bn

While last year saw the Global 100 struggling against market headwinds, this year finds firms in much ruder health. But with transactional markets yet to make a full recovery, the legal sector could not rely on big deals alone – LB reports on how the world’s largest law firms beat the odds to hit new heights

Global 100 2024: Main table

Key financials for the top 100 firms

Late bloomer: how Paul Weiss made up for lost time on the global stage

In a year of standout performances, Paul Weiss has made more headlines than most with a new international strategy that has shaken up the market, as LB reports.

Laws of attraction – how elite firms are ramping up their talent retention tactics

With the battle to recruit and retain star partners becoming ever more intense, the world’s top firms are going to new lengths to fend off the competition. From partnership and lockstep shakeups to spiralling pay packages, LB looks at the measures elite firms are taking to keep rivals at bay.

Global 100: Methodology

The firms that appear in the 2024 Global 100 are the largest 100 law firms in the world ranked by revenue.

Life During Law: Penny Angell

‘At my core, I love deals’ – Hogan Lovells’ Penny Angell on life and career soulmates, deals and being forced to choose between beer and shoes.

Life During Law: Simon Levine

‘Running a law firm is a lot like running a mafia crew — without the killing.’ LB speaks to DLA Piper’s global co-CEO about what it’s really like to run a law firm.

Life After Law: Roger Barron

Roger Barron speaks to LB about what’s next after leaving full-time law.

Pinsents, CC and HSF among big winners as new Legal 500 UK rankings are revealed

Legal Business Awards 2024

Freeths, Freshfields and Vodafone take top prizes at Legal Business Awards 2024

Glasses half full

LB finds out what’s keeping Dublin’s top law firms busy

Last Word

As part of our Global 100 survey, top lawyers share their thoughts on the global market