This time next week our annual Global Litigation Top 50 will be published. In case you haven’t seen this 150-page leviathan before, this is the report that not only tells you what’s currently going on in the $30bn top-end disputes market but also what is likely to be happening over the next few years.
How? Partly because of the un-matched level of insight it provides direct from the horse’s mouth. In this case those ‘horses’ are 50 of the largest, primarily US-headquartered litigation and arbitration practices ranked by revenue in the world.
The report poses a series of key questions to which some of the world’s top litigators have generously provided their, often comprehensive, insights. Where in the world are top clients looking to resolve their disputes, and where do they want to avoid? Which sectors and jurisdictions are seeing most dispute resolution activity and how do firms expect that to change over the next couple of years? And what are the biggest strategic developments at the top 50 firms as they aim to meet client demand for cross-border litigation and disputes expertise?
This year’s focus is arbitration. In particular the report looks at the issues raised by Brexit, assesses the current debate around the reform of international arbitration and analyses the growth of arbitration not only in London but also in the growing number of challenger centres, notably Singapore along with a resurgent New York.
Key hires, office openings and landmark cases are all here as the world’s top disputes talent is put under the microscope. Indeed, ultimately the Global Litigation Top 50 is all about talent which is why the report provides exclusive benchmarking data on talent flows into key litigation centres such as London, New York, California, Germany, Hong Kong and Singapore.
And talking of talent flows, you’ll have probably noticed by now that this week’s cover features one of the biggest and best known beasts of the legal market, Ropes & Gray’s Maurice Allen. The feature considers the legacy of the man who built the City finance practices at Weil Gotshal, White & Case and Ropes & Gray while helping to put US firms on the London map. And all the while supporting Man U. Nobody’s perfect.
Big characters are an endangered species in the market these days so raise a glass to Maurice Allen, as he hangs up his boots.
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