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Silver Circle (law)
The Silver Circle is a group of elite corporate law firms headquartered in London that has evolved significantly as the UK legal market has been affected by globalisation and mergers. The law firms generally described by ''The Lawyer'' magazine as comprising the Silver Circle were historically Ashurst, Herbert Smith, Macfarlanes, SJ Berwin and Travers Smith, but are currently limited to Macfarlanes, Travers Smith and Mishcon de Reya. Slaughter and May is also sometimes considered to be a member. Etymology The term 'Silver Circle' was coined by ''The Lawyer'' magazine in response to the term 'Magic Circle'. According to ''The Lawyer'', the term 'Silver Circle' is intended to define a category of firms with a similar approach. ''The Lawyer''s editor Catrin Griffiths' definition in 2005 read thus: "Silver circle firms are content to advise a premium UK client base rather than service global institutions. A lot of work is private equity-dominated €¦it is sexy and it pays. By the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Law Firm
A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients (individuals or corporations) about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought. Arrangements Law firms are organized in a variety of ways, depending on the jurisdiction in which the firm practices. Common arrangements include: * Sole proprietorship, in which the attorney ''is'' the law firm and is responsible for all profit, loss and liability; * General partnership, in which all the attorneys who are members of the firm share ownership, profits and liabilities; * Professional corporations, which issue stock to the attorneys in a fashion similar to that of a business corporation; * Limited liability company, in which the attorney-owners are called "members" but are not direct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clyde & Co
Clyde & Co is a global law firm headquartered in London, United Kingdom. The firm is one of the top 10 largest law firms in the City of London and has the largest dispute resolution practice of any UK law firm. It employs 2,600 legal professionals and 5,000 total staff. In 2021–22, Clyde & Co's revenue was £650 million. History Clyde & Co was founded by Scottish lawyer Richard Arthur Clyde. He came from a distinguished legal family, which in the last century has produced two Lords of the Court of Session in Scotland. Richard Clyde's nephew, the late Lord Clyde, was a Lord of Appeal in Ordinary from 1996 to 2001. The earliest record of Dick Clyde as a solicitor in independent practice dates to 1928. In 1933, he left his position as an assistant solicitor with a local firm and set up his own office in Lime Street in the heart of London's insurance district. He managed to attract instructions from Lloyd's underwriters and insurance companies, and within a short time went int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
White Shoe Firm
A white-shoe firm is an American term used to describe prestigious professional services firms that have traditionally been associated with the upper-class elite who graduated from Ivy League colleges. The term is most often used to describe leading old-line law firms and Wall Street financial institutions, as well as accounting firms that are over a century old, typically in New York City and Boston. Former Wall Street attorney John Oller, author of ''White Shoe'', credits Paul Drennan Cravath with creating the distinct model adopted by virtually all white-shoe law firms, the Cravath System, just after the turn of the 20th century, about 50 years before the phrase ''white-shoe firm'' came into use. Etymology The phrase derives from " white bucks", laced suede or buckskin (or Nubuck) derby shoes, usually with a red sole, long popular among the student body of Ivy League colleges. A 1953 ''Esquire'' article, describing social strata at Yale University, explained that "White Shoe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seven Sisters (law Firms)
The Seven Sisters refers to a historical collection of seven law firms with offices across Canada, majority of which have head offices in Toronto, Ontario. History The term "Seven Sisters" was originally coined by John Alexander Black, founder of Lexpert Magazine (previously owned by Thomson Reuters and now owned by Key Media). At the time, the Seven Sisters dominated the Canadian M&A legal advisory rankings. However, by 2006, Black stated "the moniker may have run its course and that some people argue the Seven have shrunk to two or possibly three." Later that year, The Globe and Mail reported the Seven Sisters term was no longer valid, explaining that "as the Canadian pool of major companies boils down to a thin concentrate, the upper legal tier has also shrunk." It noted that "most observers agree the reigning top players are McCarthy Tetrault LLP, Stikeman Elliott LLP, Osler Hoskin & Harcourt LLP and Blake Cassels & Graydon LLP." In 2014, National Post reported "the Chambers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Largest Chinese Law Firms ...
This is a list of the largest China-based law firms by revenue in 2017. See also *List of largest law firms by revenue *List of largest United States-based law firms by profits per partner *List of largest United Kingdom-based law firms by revenue *List of largest Canada-based law firms by revenue *List of largest Europe-based law firms by revenue *List of largest Japan-based law firms by head count References {{DEFAULTSORT:Largest China-based law firms by revenue Chinese Law firms A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients (individuals or corporations) about their legal rights and responsibilities, and to r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red Circle (law Firms)
The Red Circle ("红圈" in Chinese) is an informal term for leading law firms in China that are perceived as prestigious or high-quality, similar to the Magic Circle firms in the UK and white-shoe firms in the US. The term was first used by ''The Lawyer'' magazine in a report in March 2014, which used the term to define eight top-tier law firms in China. The eight firms include: Commerce & Finance (通商), Global Law Office (环çƒ), Haiwen & Partners (æµ·é—®)Jingtian & Gongcheng(竞天公诚), Jun He Law Offices (å›åˆ), King & Wood Mallesons (金æœ), Zhong Lun (ä¸ä¼¦), in Beijing; and Fangda (方达) in Shanghai. The list was later repeated by ''The Lawyer'' in its 2014 issue of a China-focused legal market report. Since then, it has gained wide popularity within the Chinese legal community as well as law graduates when it comes to recruitment. Although their sizes vary greatly, the Red Circle firms have much higher average revenue per lawyer (RPL), revenue per equity par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Offshore Financial Centers
An offshore financial centre (OFC) is defined as a "country or jurisdiction that provides financial services to nonresidents on a scale that is incommensurate with the size and the financing of its domestic economy." "Offshore" does not refer to the location of the OFC, since many Financial Stability Forum– IMF OFCs, such as Delaware, South Dakota, Singapore, Luxembourg and Hong Kong, are located "onshore", but to the fact that the largest users of the OFC are non-resident, i.e. "offshore". The IMF lists OFCs as a third class of financial centre, with international financial centres (IFCs), and regional financial centres (RFCs); there is overlap (e.g. Singapore is an RFC and an OFC). The Caribbean, including the Cayman Islands, the British Virgin Islands and Bermuda, has several major OFCs, facilitating many billions of dollars worth of trade and investment globally. During April–June 2000, the Financial Stability Forum–International Monetary Fund produced the first l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Offshore Magic Circle
The offshore magic circle is the set of the largest multi-jurisdictional law firms who specialise in offshore financial centres, especially the laws of the British Overseas Territories of Bermuda, Cayman Islands, and British Virgin Islands, and the Crown dependencies of Jersey and Guernsey. The same firms are also increasingly advising on the laws of onshore financial centres, especially Ireland and Luxembourg. Definition The term is a derivation of the widely-recognised London 'magic circle' of top law firms, and is widely used in the offshore legal industry. The term has also become used to describe the offshore legal industry in a more pejorative sense (e.g. when the general media reports on Paradise Papers–type offshore financial scandals), and is therefore more sparingly used, or found, in major legal publications (e.g. ''Legal Business''). There is no consensus definition over which firms belong in the offshore magic circle. A 2008 article in the publication ''Legal B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Six (law Firms)
The term ''Big Six'' law firms referred, prior to 2012, to the six largest - by lawyer head count - Australian law firms. In 2012, four merged or formed association relationships with firms from other countries (the United Kingdom for three of them, China for one of them). Since the 2012 changes, and due to the expansion of other competing law firms, the Australian legal landscape is increasingly characterised by the concept of top tier law firms. The top tier law firms are Allens, Ashurst, Clayton Utz, Corrs Chambers Westgarth, Gilbert + Tobin, Herbert Smith Freehills, King & Wood Mallesons, and MinterEllison. Big Six firms Prior to 2012, the following firms were generally seen as composing the Big Six (listed alphabetically): * Allens Arthur Robinson (now Allens, which operates in association with Linklaters LLP) * Blake Dawson (now part of British-based multinational firm Ashurst LLP) * Clayton Utz * Freehills (now part of Herbert Smith Freehills) * Mallesons Ste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Five (law Firms) In South Africa
The Big Five law firms is a term informally used in South Africa to refer to those law firms which, collectively, are perceived to be the leading law firms based in South Africa. The following firms are usually seen as comprising the "Big Five" (listed alphabetically): Note1: Cliffe Dekker Hofmeyr was formerly allied with DLA Piper. Its affiliation with DLA Piper ended at the end of August 2015. Note2: On 1 February 2013, the firm entered into a collaborative alliance with global law firm Linklaters. Note3: Deneys Reitz Inc, and then Norton Rose Fulbright, was formerly considered to form part of the big five law firms. Due to its decline, Werksmans, which was not part of the big five law firms, took its place. Rankings Chambers and Partners Global rankings Chambers and Partners Global Rankings of the number of departments recognised as leaders in their respective fields in South Africa in 2020. This list is non-exhaustive. Note1: Based on Band 1 rankings. Who's Who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Four Law Firms (Japan)
or is a term informally used in Japan to refer to those firms which, collectively, are perceived to be the List of largest Japanese law firms by number of lawyers, largest firms headquartered in Japan and distinguished in comparison to their other competitors. The Big Four firms are: *Anderson MÅri & Tomotsune *Mori Hamada & Matsumoto *Nagashima Ohno & Tsunematsu *Nishimura & Asahi Nowadays, the term "Big Five" is also being used to include the fifth-largest firm in Japan, TMI Associates. These are leading law firms in Japanese business law practices and considered to be the top tier. "International firm" In Japanese, the term is used to refer to the Big Four firms and other Japanese law firms that specialize in international business matters. During the years immediately following World War II, several American lawyers established such firms in Japan (e.g. Anderson Mori). Japanese lawyers with international training began establishing international firms in the 1960s, and sin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Magic Circle (law)
The Magic Circle is an informal term describing the five most prestigious London-headquartered multinational law firms, which generally outperform the rest of the London law firms on profitability. The term has also been used to describe the most prestigious barristers' chambers in London. All of the 'Magic Circle' law firms and barristers' chambers specialise primarily in corporate law. History and evolution The term was coined by legal reporters in the 1990s and is generally considered to include the following five law firms: Allen & Overy; Clifford Chance; Freshfields Bruckhaus Deringer; Linklaters; and Slaughter and May. The Magic Circle has been termed a "journalistic device, coined by legal reporters in the wake of the break-up of its predecessor, the 'Club of Nine'". The Club of Nine was an informal group of law firms that comprised Allen & Overy; Clifford Chance; Freshfields (now Freshfields Bruckhaus Deringer); Herbert Smith (now Herbert Smith Freehills); L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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