Few would deny that 2009 has severely tested the mettle of law firms across the region. A downturn in staple areas such as M&A, banking & finance, capital markets and projects work has caused a high degree of discomfort, forcing firms to lay off staff and restructure and regroup, not to mention drastically affecting revenues and profits. But the 30 firms here have stood tall above the rest. They have used mergers to bulk up, aggressive recruitment strategies to explode into new practice areas or jurisdictions, or their own verve, agility and talent to record a year of strong growth.
Methodology
The ALB Fast 30 is based on a survey distributed to over 400 law firms across Asia-Pacific (excluding Australia and New Zealand). Partner, fee-earner and financial data was supplied by the law firms and was used to produce the ranking of the 30 fastest-growing firms. Only those who responded to ALB’s request for figures were considered for the final ranking, and all information is accurate to the end of October 2009, unless otherwise stated in the text.
For most Chinese firms, revenue figures and % increases are given with parenthetic indication of the financial year end to which the figures pertain. Only the Asia growth of international law firms was considered.
The ALB FAST 30 2009
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